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Work Integrated Assessment
The computing environment in my current work place is essential, as it operates in Travel and Tourism industry. Moreover, the computing system currently being used in my work place is effective, as it helps in reducing extra burden of the employees. The computing system has mainly helped in conducting all the relevant activities, like booking a ticket for clients, selling travel packages and providing destination packages. The company uses the Microsoft office programs for conducting its activities and records the overall sales. In addition, with the use of servers the data has also enabled me to log on to the company data from authorised devices. The company also uses social media as an effective marketing method for attracting more customers. However, the current computing system could be improved by purchasing the latest computing system, which works faster and supports high-end software’s.
The case study of ABC learning mainly depicts the unethical accounting practise, which was followed by the company. In addition, before the expansion stage the company was able to generate higher revenue. However, the expansion stage came with increased costs and massive debt, which was covered up by inflating intangible asset valuation. However, the financial report of 2007 mainly depicted the diminishing condition of ABC and its inability of continue with its operations.
The major financial reports include balance sheet, income statement and cash flow statement. Income statement is significant in addressing the relevant net income generated by the company during fiscal year.
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