HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HA2042 Accounting Information Systems Individual Assignment T1 2019 Assessment Details and Submission Guidelines Trimester T1 2020 Unit Code HA2042 Unit...

1 answer below »
HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HA2042 Accounting Information Systems Individual Assignment T1 2019 Assessment Details and Submission Guidelines Trimester T1 2020 Unit Code HA2042 Unit Title Accounting Information Systems Assessment Type Individual assignment Assessment Title 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)  Use different methodologies to evaluate various accounting information systems. (ULO 4) Weight 30% of the total assessments Total Marks 30 Word limit Not more than 2,500 words Due Date Week 9, Friday 5:00 pm (AEST) Submission Guidelines  All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.  The assignment must be in MS Word format, no 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 Harvard referencing style. Page 2 of 5 HA2042 Accounting Information Systems Individual Assignment T1 2020 Assignment Specifications Background You are recently employed as a graduate consultant in a management consultancy firm. One of your firm’s clients is currently evaluating its information systems and the Managing Director of your client thinks that they needed to make an investment in an Enterprise Resources Planning (ERP) system to support the growth of the business. Required You are required to prepare a report to evaluate and recommend a ERP software for an Australian ASX-listed company of your choice (your firm’s client). The report should include the following components:  Background o Provide a description of your client and its business activities. o Discuss the key business processes for your client.  Systems requirements o Outline the software features and functionalities that your client should consider to support its business activities.  Software selection o Visit the websites of at least three (3) ERP software vendors and provide a brief description of each vendor and its products. o Compare and contrast the features/functionalities of three ERP software packages offered by the vendors. o Identify the most suitable vendor and ERP software package for your client and explain why it is the best option. Assignment Structure The report should include the following components:  Assignment cover page clearly stating your name and student number  A table of contents, executive summary  A brief introduction or overview of what the report is about.  Body of the report with sections to answer the above issues and with appropriate section headings  Conclusion  List of references The report should be grounded on relevant literature and all references must be properly cited and included in the reference list. Page 3 of 5 HA2042 Accounting Information Systems Individual Assignment T1 2020 Marking criteria Marking criteria Weighting Provide a description of your client and its business activities 3% Discuss the key business processes for your client 3% Outline the software features and functionalities that your client should consider to support its business activities 5% Visit the websites of at least three (3) ERP software vendors and provide a brief description of each vendor and its products 5% Compare and contrast the features/functionalities of three ERP software packages offered by the vendors 5% Identify the most suitable vendor and ERP software package for your client and explain why it is the best option 5% Presentation 2% Research quality 2% TOTAL Weight 30% Page 4 of 5 HA2042 Accounting Information Systems Individual Assignment T1 2020 Marking Rubric Excellent Very Good Good Satisfactory Unsatisfactory Provide a description of your client and its business activities /3 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. No proper description of your client and its business activities. Discuss the key business processes for your client /3 Demonstrate an excellent understanding of key business processes for your client in the discussion. Demonstrate a very good understanding of key business processes for your client in the discussion. Demonstrate a good understanding of key business processes for your client in the discussion. Demonstrate an adequate understanding of key business processes for your client in the discussion. Unable to present a proper discussion of key business processes for your client. Outline the software features and functionalities that your client should consider to support its business activities /5 Present an excellent discussion on features and functionalities of accounting software that your client should consider. Present a very good discussion on 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 three (3) ERP software vendors and provide a brief description of each vendor and its products /5 Present an excellent description of ERP software package vendors and their products. Present a very good description of ERP software package vendors and their products. Present a good description of ERP software package vendors and their products with minor errors and/or omissions. Present a description of ERP software package vendors and their products with errors and/or omissions. Unable to present a proper description of ERP software package vendors and their products. Compare and contrast the features/functio nalities of three ERP software packages offered by the vendors /5 Present an excellent comparison of factures and functionalities of three ERP software packages. Present a very good comparison of factures and functionalities of three ERP software packages. Present a good comparison of factures and functionalities of three ERP software packages with minor errors and/or omissions. Present a reasonable comparison of factures and functionalities of three ERP software packages with errors and omissions. Unable to present a proper comparison of factures and functionalities of three ERP software packages. Page 5 of 5 HA2042 Accounting Information Systems Individual Assignment T1 2020 Identify the most suitable vendor and ERP software package for your client and explain why it is the best option /5 Propose a choice of ERP software package based on very strong arguments. Propose a choice of ERP software package based on strong arguments. Propose a choice of ERP software package based on reasonable arguments. Propose a choice of ERP software package based on weak or inadequate arguments. Unable to propose a proper choice of ERP software package or back the proposed choice with valid argument. Presentation /2 Report included all elements and is very well presented. Writing flowed clearly and sections are linked very effectively. Referencing is exemplary. English is used very effectively and is error-free. Report included all elements and is well presented. Writing flowed clearly and sections are linked effectively. Referencing is of a high standard. English is used effectively with very few errors present. Report included all elements and is generally presented appropriately. Writing mostly flowed well and sections are linked. Referencing is in accordance with guidelines. English is used effectively with few errors present. 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. 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. Research Quality /2 An extensive amount of highquality evidence from peerreviewed journal articles and other sources is included and used effectively to support discussion. A broad range of quality peerreviewed journal references and other sources is included and used effectively to support discussion. An adequate range of peerreviewed journal references is included and used to support discussion. An adequate range of peerreviewed journal references is included and used to a basic extent to support discussion. Little or no peerreviewed journal references are included and these are rarely used to support discussion effectively.
Answered Same DayMay 20, 2021HA2042

Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HA2042 Accounting Information Systems Individual...

Preeta answered on May 29 2021
149 Votes
Title Goes Here 10
        TITLE OF THE PAPER CENTERED AND IN CAPS LOCK
by Student’s Name
Code + Course Name
Professor’s Name
University Name
City, State
Date
Executive Summary
Below provided study gives an insight about the business and organizational process of the Commonwealth Bank of Australia. Furthermore, the study will provide information about the issues the CBA is currently facing. Besides, the article provides the ERP software needed as the solution. There is a shortlist of software provided and from there a software is chosen to efficie
ntly help the organization.
Description of Business and its processes
Australian International Bank for businesses around New Zealand, Africa, the United States, and the UK The Commonwealth Bank of Australia is an Australian multinational corporation. It provides a range of financial services, from retail, corporate and institutional banking, management of funds, pension, and investment services. The Commonwealth Bank, with brands including the Bankwest, Colonial First State Investments, the ASB Bank (New Zealand), Commonwealth Securities (ComSec), and the Commonwealth Insurance, is the larger coded company on Australian Securities Exchange as of August 2015 (Gallimore et al., 2016). Commonwealth Bank of Australia is also one of Southern Hemisphere's largest bank.
The Commonwealth Bank was founded as one of Australia's 'big four' banks in 1996, with National Australia Bank (NAB), ANZ and Westpac in 1911 and fully privatized in 1996. In 1991, the bank was listed on the Australian Bourse.
The Commonwealth Trading Base, which was refurbished for retail and commercial purposes between 2012 and (from 1984 until 2012) was the former global headquarters of Commonwealth Bank, at the corner of Pitt Street and the Martin Place, and the Martin Place State Savings Bank, which was distributed in 2012 to Macquarie Bank. Headquartered on Sussex Street 1 in Darling Harbour, on the west side of Sydney City Centre, is relocated to Tower 1, 201, as well as two separate nine-story towers on Sega World Sydney's grounds.
Initiated by the Andrew Fisher Labor government on 22 December 1911, the Commonwealth Bank of Australia was created under the Commonwealth Bank Act in 1911, which favored bank nationalization (Nguyen et al., 2017). The bank has been conducting savings and general banking activities in an unusual step for that period. The bank has provided the first central government loan in Australia. King O'Malley was the bank's early and strenuous founder, and his first Governor, Sir Denison Miller, was a flamboyant American-Australian labor leader.
In Melbourne, on 15 July 1912, the bank started its first branch. The bank also traded through postal agencies, in an agreement with Australia Post that exists until now. It took over Tasmania's State Savings Bank in 1912 and had branches in all the six countries in 1913.
The bank moved to Sydney in 1916. The bank also expanded when the Australian army pursued New Guinea, a branch formed in Rabaul, and other departments were established.
Business Processes of the Bank
The CBA is a multinational Australian bank and a leading supplier of comprehensive financial services to Australia, protects private, corporate and investment accounts, asset administration, health liability, insurance policy, general insurance, brokerage facilities and business practices. The Commonwealth Bank, founded in 1901, is one of the largest Australian banks listed by the Australian Securities Exchange and fully privatized in 1996. It includes brands including BankWest, Colonial First State Investments, ASB Bank of New Zealand, Commonwealth Securities (CommSec), or Commonwealth Insurance. In Australia, New Zealand, and the Asia Pacific region, CBA operations are carried out primarily. These also work in many nations, such as the United States, Australia, Japan, Hong Kong, and Indonesia, Malaysia, and South Africa. These also work in many regions. CBA has a mission to protect and improve consumers, creditors, workers, and the broader community's financial well-being. CBA has four technical, environmental, efficiency, and strength strengths and strives to provide its consumers with the most excellent goods and services accessible to them (Janssen, 2017). Recognizing that business procedures are the core elements to achieve this goal, CBA attaches great importance to a paradigm for corporate process governance and supports it with a multi-level, multi-faceted BPM governance effort, which is richly described in this case study. In collaboration with scholars and clinicians, several methods have been used to perform this case study, such as record review, structured interviews, seminars, and consultations, through which the primary details are gathered between March-August 2018. CBA is continuously evolving and presenting what was happening in August 2018.
Identifying Reasons for considering ERP software
Recently, the bank encountered some severe problems. Things such as this acknowledged that in 2018 the Commonwealth had 20 million consumer accounts. From 2000 to 2016, two magnetic tapes were stored with addresses, names, bank statements and account numbers. After decommissioning a data center in 2016, the two tapes were marked for destruction by a subcontractor Fuji-Xerox. The bank has not issued a certificate of destruction of the recordings. It prompted the bank to launch a 'review' of the loss of the records. The bank agreed not to alert the client to the potential infringement of the documents. The story has spread to the BuzzFeed news media site (Gilligan,...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here