Reference no: EM13864502
AIS in Assessing and addressing the Perfect Storm in the higher education sector
The university system is under severe stress on four fronts. Student-staff ratios are blowing out, export income is evaporating, access to research grants is at demoralisation levels and universities are struggling to replace an ageing academic workforce.
"The higher education sector is facing a perfect storm," director of the University of Melbourne's Centre for the Study of Higher Education Richard James says.
Required:
Read the above article, identify three more media or academic journal articles that explained similar phenomena, and then write a report addressing the following requirements:
1. Prepare a list of the factors that are assumed to have contributed to the perfect storm in the higher education sector in Australia.
2. As a student studying accounting information systems (AIS), identify and explain the salient factors affecting the business processes (transaction cycles) of a university during the perfect storm.
3. Explain how a well-designed Accounting Information System can help university management in taking strategic decisions reducing the impact of the perfect storm.
Presentation:
Use the report format to address the above requirements. Marks will also be provided for an executive summary, a conclusion, grammar and references.
Word limit: 2,000 words (approximately).
|
Prepare the journal entries for the transactions
: Daisy’s Home is a shelter for abandoned golden doodle dogs. The shelter cares for the golden doodles until adoption is secured. The non profit is in its first year of existence. Prepare the journal entries for the following transactions. A fund drive..
|
|
Accountant uses significant judgement in valuation of assets
: The accountant uses significant judgement in the valuation of assets. How does the accountant use estimates and judgement in the valuation of long term assets? Is it ethical for an accountant to use estimates and varying methodology to achieve desire..
|
|
Partnerships capital balances
: Gibbs, Cook, and Chan are partners and share income and loss in a 5:1:4 ratio. The partnership's capital balances are as follows: Gibbs, $606,000; Cook, $148,000; and Chan, $446,000. Gibbs decides to withdraw from the partnership, and the partners ag..
|
|
The chocolate company had the transactions
: The Chocolate Company had the following transactions during January 2014: A customer that had an account receivable with the company in the amount of $10,000 called and said they could not pay on time. You, the CFO, told them they could pay it all ba..
|
|
Explain how a well-designed accounting information system
: Explain how a well-designed Accounting Information System can help university management in taking strategic decisions reducing the impact of the perfect storm
|
|
Summarize the business and business problem
: Problem Definition (1 page maximum) summarize the business and business problem, explain why the selected process needs attention
|
|
Prepare statement of cash flow from operating activities
: Clayton Corporation had the following transactions during 2014: Prepare Statement of Cash flow from operating activities. Show this part of the statement in good format. Simple final figure will not be sufficient.
|
|
Prepare statement of cost of goods manufactured
: Morrow Corporation incurred the following cost while manufacturing its product: Prepare statement of Cost of Goods Manufactured
|
|
Department adds raw materials to process
: A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 80,000 units were sta..
|