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 & Submit the following reports for January (either print to screen or print and scan as an electronic file). The marks assigned include correctness of information. 1) Profit & Loss – Summary 1.0 mark 2) Balance Sheet 1.0 mark 3) Profit & Loss – Detailed 2.5 marks 4) Accounts Payable Summary 0.5 marks 5) Accounts Receivable Summary 0.5 marks 6) Inventory Item History 0.5 marks Using the information compiled above, prepare a short report that covers the following: 1) What advice can you provide the owner of Active Sport on how their business has performed for the month of January (1 mark) 2) Provide Active Sport with recommendations / actions, to improve the profitability and efficiency of the business. (1 mark) Date Type Details Contact Amount GST Account Date Paid. Assignment Question 2 (4 marks) - Systems Planning & Implementation (word limit guide : 500 words) The Queensland Health Payroll System project (2007-2011) has received adverse media attention relating to significant issues and failures during the project. Undertake some research of this information systems project to undertake the following task: Using the Systems Development Lifecycle process (figure 19.1 on page 612 of the Romney text) as a guide, identify 5 deficiencies in the Queensland Health Payroll System project, and provide recommendations on how these deficiencies may be overcome in future projects. Assignment Question 3 (3 marks) - BYOD (word limit guide : 300-500 words) “Bring Your Own Devices” (BYOD) present new possibilities and challenges for organisations of all sizes. In relation to an organisation's network and users, outline the benefits and complications that arise from BYOD devices (eg. Smartphones, Tablets and Wi-Fi Laptops). Rationale This assignment is designed to enable you to demonstrate your ability to: • understand and apply foundation principles relating to computerised information systems in contemporary organisations • be able to analyse organisational processes for risk, and design appropriate control mechanisms to mitigate identified risk. • be able to analyse, synthesise and apply the concepts underpinning systems planning, development and implementation Marking criteria Criteria / Learning Outcome HD D C P 1. Be able to record business transactions using computerised accounting information systems; · Accurate entry · Correct accounting classifications · Appropriate coding applied to all new accounts -Follows all specifications · Accurate entry · Correct accounting classifications · Appropriate coding applied to all new accounts · Accurate entry · Mostly incorrect accounting classifications · Appropriate coding applied to majority of new accounts · Some inaccurate entries · Incorrect accounting classifications · Appropriate coding not applied to all new accounts 2. Be able to analyse organisational processes for risk, and design appropriate control mechanisms to mitigate identified risk. Analyse and evaluate business processes · Appropriate & detailed analysis of the profitability of the business by business segment. · Identification of at least 5 recommendations and provision of specific actions to improve profitability and efficiency. -Clarity and coherence of written expression in correct report format · Appropriate analysis of the profitability of the business by business segment.
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