Whose position you sympathise with the most

Assignment Help Accounting Basics
Reference no: EM132952155

Question: Mr. Robert is working as the head of the accounting department in HARDA Limited for a decade. HARDA Limited wants to move from the legacy system to a new accounting information system. For this purpose, Mr. Robert contacted a system professional, Paul Walker. During the initial meeting, Paul reveals that our system analysis team will first examine the old system, such as reviewing key documents and observing the workers perform their tasks. This initial analysis will enable us to determine which aspects are working well and which should be preserved. Robert disagrees with his opinion. Robert indicates that we have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. We get a modified version of the old system.

Paul Walker is still strict with his opinion and says that I can guarantee you that this will not happen again. As a system analyst, I need a proper understanding of the old system. What is working well and what is not. Despite these strong arguments, Robert says that I would feel much more comfortable if we first started with a list of our requirements. We should spend some time up-front determining exactly what we want the system to do for my department. Then your systems people can come in and determine what portions to salvage if you wish. Just don't constrain us to the old system!

Required: Whose position you sympathise with the most. And what method would you propose they take? Why?

Reference no: EM132952155

Questions Cloud

Briefly discuss these different exposure risk concepts : Briefly discuss these different exposure risk concepts and give one examples of each type.
Planning the audit of continental limited : Identify inherent risks to be considered in planning the audit of Continental Limited for the year ended 31 December 2020
Calculate the rate of return each year : Calculate the rate of return each year, from 2016 to 2019, for Charter Ltd -Calculate the standard deviation of returns over the past four years and interpret
What is the ethical dilemma being faced by oliver : What is the ethical dilemma being faced by Oliver and What factors are to be considered in the capital budgeting analysis, should rumours and innuendos
Whose position you sympathise with the most : Whose position you sympathise with the most. And what method would you propose they take? Why
Difference between managerial functions-managerial skills : -Explain the difference between managerial functions and managerial skills. What is significant about both with regard to a manager's job? Define and discuss th
What function does controlling serve : What are the management functions that comprise the P-O-L-C framework?
Explain different parts of labor : When a restaurant operates exactly on budget, its labor cost (including hourly wages, salaries, and benefits) is 30% of sales. If sales do not meet their target
Terrorist behavior at us airports and seaports : Do increased security inspections at airports and seaports result in reducing risks of criminal and terrorist behavior at US airports and seaports?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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