HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION ASSESSMENT DETAILS AND SUBMISSION GUIDELINES Trimester Unit Code Unit Title Assessment Type Assessment Title T3 2021 HA2042 Accounting Information Systems...

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HOLMES INSTITUTE


FACULTY OF HIGHER EDUCATION



ASSESSMENT DETAILS AND SUBMISSION GUIDELINES


Trimester
Unit Code
Unit Title Assessment Type Assessment Title


T3 2021
HA2042
Accounting Information Systems Assessment 2: Individual Assignment System Analysis and Selection










Purpose of the assessment (with ULO Mapping)



Students are required to:




  • Understand and explain the place of an accounting information


    system in the context of the organisational structure and


    operating practices (ULO 2),




  • Identify, analyse and compare different types of accounting


    information systems (ULO 3), and




  • Use different methodologies to evaluate various accounting


    information systems (ULO 4).





Weight Total Marks Word limit


30% of the total assessments. 30 Marks.
No more than 2500 words.


Due Date


This written report is due in Week 09 on Friday, dated 28thJanuary 2022, at 11:59 pm (Melbourne/Sydney) 10:59 pm (Queensland).


Late submission incurs penalties of five per cent of the assessment per calendar day unless the Hello Team has accepted the special consideration request before the assessment deadline.


Submission Guidelines




  • All work must be submitted on Blackboard in a single Word file by the due date, including the Assignment Cover Page.




  • The assignment must be in MS Word format, double spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.




  • Reference sources must be cited in the text of the report and listed appropriately at the end in a reference list using Adapted Harvard Referencing style. Please see the section Assignment Design–Adapted Harvard Referencing Section below.




HA2042 T3 2021 - Assessment 2: Individual Assignment


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•Include a minimum of ten references, at least five from peer-reviewed journals relevant to the unit.



Background


Assignment Details


After finishing your Bachelor of Professional Accounting, you started your accounting consultancy in Brisbane, Queensland, Australia. You got a high distinction in the HA2042 Accounting Information System and preferred to analyse the business processes, risks and internal controls. The CEO of your client is delighted with your services. In particular, your client company is currently evaluating its accounting system. The Chief Financial Officer (CFO) of your client company thinks that they need to invest in cloud-based accounting software to support the growth of the business.


Company Selection and Requirements:You must prepare a report to evaluate and recommend a cloud-based accounting software for an Australian ASX-listed company of your choice (your client).1


Note:While selecting your client company, please try to choose the company that best suits the assumptions mentioned above.


The report should include the following components:


1. Background




  • Describe your client and its business activities.




  • Briefly describe the basic business activities involved in the revenue and expenditure


    cycles of the selected company.




  • And identify the weak internal controls in these business activities. Further, identify


    the risks associated with these weak controls.


    2. Systems requirements




•Outline the software features and functionalities that your client should consider to support its business activities.


3. Software selection




  • Visit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero, etc.) and provide a brief description of each vendor and its products.




  • Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors.




  • Identify the most suitable vendor and accounting software package for your client and explain why it is the best option.


    Assignment Structure


    The report should include the following components.


    1Alternatively, you can select any company listed on the stock exchange of your home country.
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Holmes Institute Assignment Cover Sheet


Executive Summary


The executive summary should be concise and not involve too much detail. It should make commentary on the main points only and follow the sequence of the report. Write the Executive Summary after the report is completed, and once you have an overview of the whole text.


Contents Page


This needs to show a logical listing of all the sub-headings of the report. Note this is excluded from the total word count.


1. Introduction


Typically, the introduction is a short paragraph that includes background, scope and the main points raised in the order of importance. There should be a brief conclusion statement at the end of the introduction.


2. Main Body Paragraphs with Numbered Sub-headings


This section contains detailed information which elaborates on the main points raised in the introduction. Each paragraph should begin with an exact topic sentence, then supporting sentences with facts and evidence obtained from research and finish with a concluding sentence.


The body of the report should contain sections to answer the above issues and with appropriate section headings


3. Conclusion


This section contains a logical and coherent evaluation based on a thorough and objective assessment of the research performed.


4. References


Include a minimum of ten (10) references, at least five (5) from peer-reviewed journals relevant to the unit.


5. Appendices


This section includes any additional explanatory information which is supplementary or graphical to help communicate the main ideas made in the report. Refer to the appendices in the main body paragraphs as and where appropriate. (Note this is excluded from the total word count.)


Note:The report should be grounded on relevant literature, and all references must be cited appropriately and included in the reference list.


Assessment Design–Adapted Harvard Referencing


Holmes will be implementing as a pilot program a revised Harvard approach to referencing. The following guidelines apply:


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  1. Reference sources in assignments are limited to sources that provide full-text accessto the source’s content for lecturers and markers.




  2. The Reference list should be located on a separate page at the end of the essay and titled:References.




  3. It should include the details of all the in-text citations,arranged A-Z alphabetically by author surname. In addition, itMUSTinclude a hyperlink to thefull textof the cited reference source.
    For example;


    Hawking P, McCarthy B, Stein A (2004), Second Wave ERP Education,Journal of


    Information Systems Education, Fall,http://jise.org/Volume15/n3/JISEv15n3p327.pdf




  4. All assignments will require additional in-text reference details, which will consist of


    the surname of the author/authors or name of the authoring body, year of publication, page number of content, the paragraph where the content can be found. For example;
    “The company decided to implement an enterprise-wide data warehouse business intelligence strategies (Hawking et al., 2004, p3(4)).”




Non Adherence to Referencing Guidelines


Where students do not follow the above guidelines:




  1. Students who submit assignments that do not comply with the guidelines will be


    asked to resubmit their assignments.




  2. Late penalties will apply, as per the Student Handbook each day, after the student/s


    have been notified of the resubmission requirements.




  3. Students who comply with guidelines and the citations are “fake” will be reported


    for academic misconduct.
































Marking criteria



Marking criteria


Weighting in Total Grades



Describe your client and its business activities 3%



Evaluate the key business processes for your client 5%



Outline the software features and functionalities that your client should consider supporting its business activities


3%



Visit the websites of at least two (2) accounting software package
vendors (e.g. SAP, MYOB, Xero etc.) and provide a brief description of 5% each vendor and its products



Compare and contrast the features/functionalities of two cloud-based
accounting software packages offered by accounting software package 5% vendors



Identify the most suitable vendor and accounting software package for your client and explain why it is the best option


5%



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Presentation 2%



Research quality 2%



TOTAL Weight 30%



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Marking Rubric


Excellent


Very Good Good Satisfactory


Unsatisfactory


(80-100%)


(70-79%) (60-69%) (50-59%)


(0-49%)


Describe your client and its business activities.
(3 Marks)


An excellent description of your client and its business activities.


A very good description of your client and its business activities.


A good description of your client and its business activities.


An adequate description of your client and its business activities.


Inappropriate description of your client and its business activities.


Evaluate the key


business processes for excellent
your client. (5 Marks) understanding of key business processes for


your client in the discussion.


Demonstrate an


Demonstrate a very


good understanding of key business processes for your client in the discussion.


understanding of key business processes for your client in the discussion.


adequate understanding of key business processes for your client in the discussion.


Demonstrate a good


Demonstrate an


Unable to present a


proper discussion of key business processes for your client.


Outline the software features and functionalities that your client should consider supporting its business activities. (3 Marks)


Present an excellent discussion on the features and functionalities of accounting software that your client should consider.


Present a very good discussion on the features and functionalities of accounting software that your client should consider.


Present a good discussion on features and functionalities of accounting software that your client should consider with minor errors and/or omissions.


Present a discussion on features and functionalities of accounting software that your client should consider with errors and/or omissions.


Unable to present a proper discussion on features and functionalities of accounting software that your client should consider.


Visit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero etc.) and provide a brief description of each vendor and its products. (5 Marks)


Present an excellent description of accounting software package vendors and their products.


Present a very good description of accounting software package vendors and their products.


Present a good description of accounting software package vendors and their products with minor errors and/or omissions.


Present a description of accounting software package vendors and their products with errors and/or omissions.


Unable to present an accurate description of accounting software package vendors and their products.


HA2042 T3 2021 - Assessment 2: Individual Assignment Page6of9


Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors. (5 Marks)


Present an excellent comparison of features and functionalities of two cloud-based accounting software packages.


Present a very good comparison of features and functionalities of two cloud-based accounting software packages.


Present a good comparison of features and functionalities of two cloud-based accounting software packages with minor errors and/or omissions.


Present a reasonable comparison of features and functionalities of two cloud-based accounting software packages with errors and omissions.


Unable to present a proper comparison of features and functionalities of two cloud-based accounting software packages.


Identify the most


suitable vendor and accounting software package for your client and explain why it is the best option. (5 Marks)


accounting software package based on very strong arguments.


Propose a choice of an


Propose a choice of an


accounting software package based on strong arguments.


accounting software package based on reasonable arguments.


accounting software package based on weak or inadequate arguments.


Propose a choice of an


Propose a choice of an


Unable to propose a


proper choice of an accounting software package or back the proposed choice with a valid argument.


Presentation. (2 Marks)


The report included all elements and is very well presented. The writing flowed clearly, and sections are linked very effectively. Referencing is exemplary. English is used very effectively and is error- free.


The report included all elements and is well presented.
The writing flowed clearly, and sections are linked effectively. Referencing is of a high standard. English is used effectively with very few errors present.


The report included all elements and is generally presented appropriately. The writing flowed well in most of the cases, and sections are linked. Referencing is in accordance with guidelines. English is used effectively with few errors present.


The report included most elements and is adequately presented. Writing sometimes does not flow clearly, leaving the paper to seem disjointed in areas. Referencing is somewhat in accordance with guidelines. Basic English is used with some errors present.


The report lacked some elements and is poorly presented. Writing often does not flow clearly, leaving the paper to seem somewhat disjointed. Referencing is not entirely in accordance with relevant guidelines. Basic English is used with errors present.


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Research Quality. (2 Marks)


An extensive amount of high-quality evidence from peer- reviewed journal articles and other sources is included and used effectively to support discussion.


A broad range of quality peer-reviewed journal references and other sources is included and used effectively to support discussion.


An adequate range of peer-reviewed journal references is included and used to support discussion.


An adequate range of peer-reviewed journal references is included and used to a basic extent to support discussion.


Little or no peer- reviewed journal references are included, and these are rarely used to support discussion effectively.


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Academic Integrity


Holmes Institute is committed to ensuring and upholding Academic Integrity, as AcademicIntegrity is integral to maintaining academic quality and the reputation of Holmes’ graduates.Accordingly, all assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six categories of Academic Integrity breaches. If you have any questions about Academic Integrity issues related to your assessment tasks, please consult your lecturer or tutor for relevant referencing guidelines and support resources. Many of these resources can also be found through the Study Sills link on Blackboard.


Academic Integrity breaches are a serious offence punishable by penalties that may range from deduction of marks,failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of course enrolment.
Table 1: Six categories of Academic Integrity breaches


Plagiarism


Reproducing the work of someone else without attribution. When a student submits their own work on multiple occasions this is known asself-plagiarism.


Collusion


Working with one or more other individuals to complete an assignment, in a way that is not authorised.


Falsely presenting oneself, or engaging someone else to present as oneself, in an in-person examination.


Manipulating or inventing data with the intent of supporting false conclusions, including manipulating images.


Copying


Reproducing and submitting the work of another student, with or without their knowledge. If a student fails to take reasonable precautions to prevent their own original work from being copied, this may also be considered an offence.


Impersonation


Contract cheating


Contracting a third party to complete an assessment task, generally in exchange for money or other manner of payment.


Data fabrication and falsification


Source: INQAAHE, 2020


HA2042 T3 2021 - Assessment 2: Individual Assignment Page9of9

Answered 3 days AfterJan 25, 2022

Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION ASSESSMENT DETAILS AND SUBMISSION GUIDELINES Trimester...

Akshay Kumar answered on Jan 26 2022
112 Votes
Faculty of Higher Education
Individual Assignment Cover Sheet
    STUDENT NAME
    
    STUDENT NUMBER
    
    UNIT CODE
    
    UNIT NAME
    
    DUE DATE
    
Declaration
I certify that:
☐ This assignment is my own work.
☐ I have acknowledged and disclosed any assistance received in its preparation and cited all sources from which data, ideas, words (whether quoted directly or paraphrased) were taken.
☐ This assignment was prepared specifically for this unit only.
☐ The reference list is truthful
and accurate and in Holmes approved referencing style.
    STUDENT SIGNATURE / NAME
    
Executive Summary
Vocus Group is an international telecommunications company which is working towards to catering the complex needs of the businesses. Vocus group is second largest telecommunications services provider. It provides network services like Internet, IP WAN, telephone and cloud facilities. Vocus group requires an accounting software which could help them in its Key Business Processes and meet their software requirements. MYOB is Cloud based software that can improves the outlook by recording the complete picture of the Vocus Group, and is more suitable to take into consideration the growth and size of the group, controlling its costs, collecting faultless info to lead the employees’ motivation, and enhance the responsibility to the needs of the Vocus group. These features are not available in Xero software; hence the assessment suggests that MYOB software is best suited for the requirements of the Vocus Group.
Table of Contents
Executive Summary                                 2
Introduction                                     4
Background                                     4
Overview of Vocus and its Business Activities             4
Key Business Processes of Vocus                     5
System Requirements                             6
Software Features that Vocus should need to assist their        
business activities                              6
Selection of Software                             7
Vendor and products Description                     7
Comparison and Contrast of MYOB and XERO             8
Most suitable Vendor and Justification for the selection         9
Conclusion                                    10
Reference List                                11
1.0 Introduction
The Backbone of the accounting department of any company is the accounting system they are working on as the accounting system provides them all the required information which they need to resolve the various business issues. In lack of an effective accounting software, the company can’t run its business smoothly. The two most used accounting software: MYOB and XERO are examined under this report, in order to decide the software which is more suitable for Vocus Group.
2.0 Background
2.1 Overview of Vocus and its Business Activities:
Vocus Group, previously known as Vocus Communications is a telecommunications company with it headquarter in Sydney, Australia. Vocus is focusing on to serving the complex needs of the government, businesses, and Consumers. It connects the such organizations to the world. Vocus works at a huge scale to offer the quality products to a various group of people within the least possible lead time. It personalizes its products by giving them manual touch and allows its clients to have a consistent use of its products and services (Vocus Communications, 2021).
Vocus group has over 30,000 km of inter capital fiber in Australia and New Zealand providing the internet to the local businesses and common users in those regions (Vocus Communications 2021). Vocus Group’s focus is to provide seamless connectivity to very user of their services. Along with this, Vocus Group stresses on including all the stakeholder in the channels. They aim is to deliver the world’s top technological results at the most reasonable rates.
2.2 Key Business Processes of Vocus
Following are the key Processes of Vocus:
· Team Management
· Network operations
· Engineering
· Support process and collaboration
· Compliance and security
Team management: In order to build the Team spirit and improve the efficiency of their employees, Vocus group need to provide them the training on a regular basis. They need to identify the challenges their employees are facing by constantly monitoring their work performance and have the regular catch-ups with them. Vocus Group construct their salary structure basis the performance data that they will collect. (Odor, 2019, pp.266-276).
Network operations: Vocus Group provides the customized services in line with the demands and needs of their users. Vocus takes all the necessary steps with the motive to provide the seamless services to their customers. Vocus Group ensures to deliver the best services and enhanced experience to all its customer in all over the world.
Engineering: Vocus Group regularly tries to reinvent by refining and streamlining its processes with the goal of achieving optimum efficiency in productivity and cost (Teplov et al., 2016, pp.649-661). It also gathers info from inside and outside the organization with a vision to examine all options and then select the one...
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