Evaluate and recommend a cloud-based accounting software

Assignment Help Accounting Basics
Reference no: EM132310713

System Analysis and Selection

Purpose of the assessment

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)

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 accounting system and the CFO of your client thinks that they needed to make an investment in a cloud-based accounting software to support the growth of the business.

Required

You are required to prepare a report to evaluate and recommend a cloud-based accounting 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 two (2) accounting software package vendors (e.g. SAP, MYOB, Xero etc.) and provide a brief description of each vendor and its products.
o Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors.
o 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:
• 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.

Verified Expert

The paper is in relation to the analysis of the options of vendor available for cloud accounting software package.The company chosen for the analysis is Suncorp Group Limited which is an ASX listed company.The two software chosen for the analysis is Xero and SAP. The comparison and contrast have been done for both the chosen software.

Reference no: EM132310713

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Reviews

len2310713

5/23/2019 3:01:13 AM

Identify the most suitable vendor and accounting software package for your client and explain why it is the best option /3 Propose a choice of accounting software package based on very strong arguments. 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. Research Quality /2 An extensive amount of high- quality evidence from peer- reviewed journal articles and other sources is included and used effectively to support discussion.

len2310713

5/23/2019 3:01:06 AM

Outline the software features and functionalities that your client should consider to support its business activities /3 Present an excellent 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 and provide a brief description of each vendor and its products Present an excellent description of accounting software package vendors and their products. /2 Compare and contrast the features/functio nalities of two cloud-based accounting software packages offered by accounting software package vendors Present an excellent comparison of factures and functionalities of two accounting software packages.

len2310713

5/23/2019 3:00:59 AM

Excellent Provide a description of your client and its business activities An excellent description of your client and its business activities. /2 Discuss the key business processes for your client /3 Demonstrate an excellent understanding of key business processes for your client in the discussion.

len2310713

5/23/2019 3:00:50 AM

Identify the most suitable vendor and accounting software package for your client and explain why it is the best option 3% Presentation 2% Research quality 2% TOTAL Weight 20%

len2310713

5/23/2019 3:00:44 AM

Marking criteria Marking criteria Weighting Provide a description of your client and its business activities 2% 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 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 each vendor and its products 2% Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors 3%

len2310713

5/23/2019 3:00:37 AM

Word limit Not more than 2,000 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.

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