Advice to the business owner on how business has performed

Assignment Help Accounting Basics
Reference no: EM131048380 , Length: 2000 Words

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.

Reference no: EM131048380

Questions Cloud

Realistic modeling project requires : Catalog spending. This realistic modeling project requires much more time than a typical exercise. Table 28.16 shows catalog-spending data for the first 9 of 200 randomly selected individuals from a very large (over 20,000 households) data base.18
Describe what is happening in skin in response to sunlight : Going out into the sun stimulates quite a bit of activity in the skin, especially on a hot summer day. Describe what is happening in the skin in response to the sunlight.
Find the gross domestic product per capita for each country : To find the Gross Domestic Product per Capita (PPP) for each country, use the list found at: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html
Identify the estimated multiple regression equation : Diamonds. Use the data in Table 28.4 (page 28-35) to fit the multiple regression model with two explanatory variables, Carat and Depth, to predict the Total Price of diamonds. Don't forget to include the interaction term in your model.
Advice to the business owner on how business has performed : Advice to the business owner on how their business has performed for the month of March - recommendations to improve the profitability of the business.
Perform inferential techniques on the kwuntongcorp dataset : MIS171Business Analytics - perform inferential techniques (based on Lectures and Tutorials in Weeks 7 and 8) on the Kwuntongcorp dataset and then report on your findings - what sample size would be needed in order to be able to estimate :
Calculate maximum efficiency of solar distillation system : From the calculated heat transfer rate of the evaporating water, calculate the maximum efficiency of the solar distillation system on a 1 m2 piece of glass for a solar flux of 800 W/m2. This is a maximum, because the vapor pressure of sea water is ..
A simple linear regression model : Diamonds. Consider the diamond data of which Table 28.4 (page 28-35) is an excerpt. We are interested in predicting the total price of a diamond. Fit a simple linear regression model using Carat as the explanatory variable.
Write summery of the documentary the rise of isis : Write summery of the documentary The Rise of ISIS. I am looking for in this assignment is similar to other video/review assignments. A summary of the video, your thoughts, its significance, etc...

Reviews

Write a Review

Accounting Basics Questions & Answers

  Company is contemplating investing in a new piece of

company is contemplating investing in a new piece of manufacturing machinery. the amount to be invested is 150000. the

  Jaworskias store did some ski repair work for frey at the

jaworskias ski store is completing the accounting process for its first year ended december 31 2013. the transactions

  Statements of financial position

On 1 January 20X5 Invigilator Enterprises acquired 100 per cent of the shares of Lemma Company. The separate condensed statements of financial position immediately after the acquisition appeared as shown below (all amounts in €):

  Typical of debt and others typical of equity

Preferred stock is a hybrid security, because it has some characteristics typical of debt and others typical of equity. The following table lists various characteristics of preferred stock. Determine which of these characteritics is consistent wit..

  Differences in ytm of real life bonds

Do some research, probably on the Web, and find some bonds with differing yields to maturity (YTM). How do you explain the difference? Both the lecture and the textbook discuss some factors that may lead to this difference.

  Most decisions made by management impact the ratios

most decisions made by management impact the ratios analysts use to evaluate performance. indicate by letter whether

  On may 1 2012 carly company purchased 72000 of 8 15-year

on may 1 2012 carly company purchased 72000 of 8 15-year baltimore company bonds at par plus two months accrued

  When the announcement was made and ignoring share issue

Prepare the journal entry to record the sale of the shares assuming the price existing when the announcement was made and ignoring share issue costs.

  Research and developments costs

Research and Developments Costs

  The meat market has 747000 in sales the profit margin is

the meat market has 747000 in sales. the profit margin is 4.1 percent and the firm has 7500 shares of stock

  Vincent pays 20000 for equipment to use n his trade or

1 vincent pays 20000 for equipment to use n his trade or business. he pays sales tax of 800 as a result of the

  Totalcomprehensive income includes net income combined with

comprehensive income is defined as being the total nonowner change in equity during a specific period.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd