Analyse organisational processes for risk

Assignment Help Managerial Accounting
Reference no: EM131035313 , Length: word count:2000

Task

Question 1 - Cloud Based Accounting System

You are working as an accountant in a regional accounting firm. You have been approached by the owner of a start-up business. They have chosen Saasu as their accounting system and have employed you to set up their company in Saasu and enter the first month's transactions. You will use Saasu to enter a range of transactions and print some reports to assist with the business start-up. All information has been supplied by the business owner for you to input.

The set up and transactional data will be provided in Resources.

Assessment requirements:

Print and submit the following reports for March (either print to screen or print and scan as an electronic file). Marks will be awarded for the correctness of information as well as the standard of presentation of your assessment.

1) Profit & Loss - Summary

2) Balance Sheet

3) GL Report

4) Accounts Payable

5) Accounts Receivable

6) Inventory Item History

Using the information compiled above, prepare a short 500-600 word business report that covers the following:

1) Advice to the business owner on how their business has performed for the month of March

2) Recommendations to improve the profitability of the business.

Question 2 - Mobility Strategy (word limit guide: 1,500 words)

Compare and contrast BYOD, CYOD and COPE as a mobility strategy for an organisation. What strategy would you chose for an organisation with a travelling sales force of 150 people working across three (3) different time zones? Based on your recommendation, identify the issues that an organisation should address when developing "Acceptable Use" policy.

Present your answer in a business report format that could be presented to the senior leadership team of an organisation.

APA referencing must be used, where relevant, with citations and a list of references for any sources referred to in this assessment.

Rationale

This assessment task is designed to enable you to demonstrate your ability to:

- understand and apply foundation principles relating to computerised information systems in contemporary organisations;

- analyse organisational processes for risk, and design appropriate control mechanism to mitigate identified risk;

- evaluate accounting information systems architecture and generate models of business events;

- identify organisational risks and generate systems that control that risk;

- analyse, synthesize and apply the concepts underpinning a systems planning development and implementation.

Verified Expert

This assignment has 2 parts first part has been done in SAASU, Which is setup all the chart of account, inventory masters, customers, suppliers etc in the software and then entered one month long purchase, sales, expenses, receipt and payment transactions. After this, generated reports. 500 Words analysis part is also provided. Part 2 is written portion in that 1500 Words that states about the BYOD, CYOD and also about COPE there is comparison between them and this paper also states that strategy to be adopted for an organisation with a travelling sales force of 150 people working across three (3) different time zones.

Reference no: EM131035313

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