HI5019 T XXXXXXXXXXAssessment 2: Group Assignment Page 1 of 9 HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION ASSESSMENT DETAILS AND SUBMISSION GUIDELINES Trimester T1 2021 Unit Code HI5019 Unit Title...

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Reference sources must be cited in the text of the report and listed appropriately at the end in a reference list using Adapted Harvard Referencing style. Please see the section Assignment Design – Adapted Harvard Referencing Section below. • Include a minimum of thirteen (13) references, at least five (5) from peer-reviewed journal relevant to the unit


HI5019 T1 2021 - Assessment 2: Group Assignment Page 1 of 9 HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION ASSESSMENT DETAILS AND SUBMISSION GUIDELINES Trimester T1 2021 Unit Code HI5019 Unit Title Strategic Information Systems for Business and Enterprise Assessment Type Assessment 2: Group Assignment Assessment Title System Analysis and Selection Purpose of the assessment (with ULO Mapping) Students are required to: • Critically evaluate the purpose and role of accounting information systems in today’s business environment (ULO 1), • Evaluate systems development methodologies and the role of accountants in system development projects (ULO 3), and • Appraise the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place (ULO 4). Weight 30% of the total assessments. Total Marks 30 Marks. Word limit Up to 2,500 words. Due Date Group Formation: Please form the group by self-enrolling in Blackboard. There should be maximum of 4 members in a group. Email [email protected] for any issues with self-enrolling into groups. The written report is due in Week 11 on Friday dated 4th June 2021 at 11:59 PM. Late submission incurs penalties of five (5) % of the assessment per calendar day unless an extension and/or special consideration has been granted by Student Services prior to the assessment deadline. HI5019 T1 2021 - Assessment 2: Group Assignment Page 2 of 9 Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. • The students are required to work in a group of 1-4 students. However, there is no minimum limit for a group. In certain circumstances, a student can work in a Solo Group. • The assignment must be in MS Word format, double 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 Adapted Harvard Referencing style. Please see the section Assignment Design – Adapted Harvard Referencing Section below. • Include a minimum of thirteen (13) references, at least five (5) from peer-reviewed journal relevant to the unit. Assignment Details Part A. Literature Review. [Up to 500 words] Select the topic of your interest from the Accounting Information System (attend drop-in session to get guidelines on the selecting the topic and conducting the literature review). Do the literature review and select five articles from your selected topic. Required: Synthesize these articles to identify the literature gap. Part B. System Analysis and Selection Report. [Up to 2000 words] Background You are running an accounting/management consultancy firm. One of your clients is currently evaluating its information systems, and the Managing Director of your client thinks that they needed to invest in an Enterprise Resources Planning (ERP) system to support the growth of the business. During your first meeting, the managing director of your client requested you to evaluate their business and recommend ERP software. Client/Company Selection You are required to select a listed company of your choice (your firm’s client). The selected company should be a manufacturing firm listed on either The Australian Stock Exchange or the Stock Exchange of your home country. The chosen company is your firm’s client. Framework of Analysis The report should include the following components: 1. Background of the Selected Business 1.1 Evaluate the business process of your client to identify potential weak internal controls and the risk associated with these potential weak controls. And recommend the HI5019 T1 2021 - Assessment 2: Group Assignment Page 3 of 9 control techniques that will reduce or eliminate the potential risks. [Hint: your response should be based on our discussion in Interactive Tutorial 4 to 6.] 2. Systems Requirements 2.1 Briefly discuss the software features and functionalities that your client should consider supporting its business activities. [Hint: your response should be based on Section 1.1 above.] 3. Software Selection 3.1 ERP functionality falls into two general groups of applications, including core applications and business analytical applications. We will discuss these general groups of applications in Week 10 Interactive Tutorial (Chapter 11: Enterprise Resource Planning System). Based on our tutorial discussion, summarise these two general groups of applications. 3.2 Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors. Hint. Try to apply the general functionalities and key elements of ERP systems we discussed in Week 10 Interactive Tutorial. 3.3 In the end, identify the most suitable vendor and ERP software package for your client and explain why it is the best option. Assignment Structure The report should include the following components. Holmes Institute Assignment Cover Sheet The Holmes Institute Assignment Cover Sheet is available at the end of menu item Assessments on the Blackboard. Part A. Literature Review. Synthesize your selected articles in 500 words to identify the literature gap. Part B. System Analysis and Selection Report. 1. Executive Summary The Executive summary should be concise and not involve too much detail. It should make commentary on the main points only and follow the sequence of the report. Write the Executive Summary after the report is completed, and once you have an overview of the whole text. 2. Contents Page This needs to show a logical listing of all the sub-headings of the report’s contents. Note this is excluded from the total word count. 3. Introduction HI5019 T1 2021 - Assessment 2: Group Assignment Page 4 of 9 Typically, the introduction is a short paragraph which includes background, scope and the main points raised in the order of importance. There should be a brief conclusion statement at the end of the introduction. 4. Main Body Paragraphs with Numbered Sub-headings This section contains the detailed information which elaborates on the main points raised in the introduction. Each paragraph should begin with an exact topic sentence, then supporting sentences with facts and evidence obtained from research and finish with a concluding sentence at the end. 5. Conclusion This section contains a logical and coherent evaluation based on a thorough and objective assessment of the research performed. 6. Appendices This section includes any additional explanatory information which is supplementary and/or graphical to help communicate the main ideas made in the report. Refer to the appendices in the main body paragraphs, as and where appropriate. (Note this is excluded from the total word count.) Note: The report should be grounded on relevant literature, and all references must be cited appropriately and included in the reference list. Assessment Design – Adapted Harvard Referencing Holmes will be implementing as a pilot program a revised Harvard approach to referencing. The following guidelines apply: 1. Reference sources in assignments are limited to sources which provide full text access to the source’s content for lecturers and markers. 2. The Reference list should be located on a separate page at the end of the essay and titled: References. 3. It should include the details of all the in-text citations, arranged alphabetically A-Z by author surname. In addition, it MUST include a hyperlink to the full text of the cited reference source. For example; P Hawking, B McCarthy, A Stein (2004), Second Wave ERP Education, Journal of Information Systems Education, Fall, http://jise.org/Volume15/n3/JISEv15n3p327.pdf 4. All assignments will require additional in-text reference details which will consist of the surname of the author/authors or name of the authoring body, year of publication, page number of content, paragraph where the content can be found. For example; “The company decided to implement a enterprise wide data warehouse business intelligence strategies (Hawking et al, 2004, p3(4)).” http://jise.org/Volume15/n3/JISEv15n3p327.pdf HI5019 T1 2021 - Assessment 2: Group Assignment Page 5 of 9 Non-Adherence to Referencing Guidelines Where students do not follow the above guidelines: 1. Students who submit assignments which do not comply with the guidelines will be asked to resubmit their assignments. 2. Late penalties will apply, as per the Student Handbook each day, after the student/s have been notified of the resubmission requirements. 3. Students who comply with guidelines and the citations are “fake” will be reported for academic misconduct. Marking criteria Marking criteria Weighting in Total Grades Synthesize your selected articles to identify the literature gap. 8% Evaluate business processes of your client [according to section 1.1]. 3% Outline the software features and functionalities that your client should consider supporting its business activities. 3% Discuss two general groups of applications. 4% Compare and contrast the features/functionalities of three ERP software packages offered by the ERP vendors. 4% Identify the most suitable vendor and ERP software package for your client and explain why it is the best option. 4% Presentation 2% Research Quality 2% TOTAL Weight 30% HI5019 T1 2021 - Assessment 2: Group Assignment Page 6 of 9 Marking Rubric Excellent Very Good Good Satisfactory Unsatisfactory (80-100%) (70-79%) (60-69%) (50-59%) (0-49%) Discussion on your selected articles to identify the literature gap.
Answered 5 days AfterMay 29, 2021HI5019

Answer To: HI5019 T XXXXXXXXXXAssessment 2: Group Assignment Page 1 of 9 HOLMES INSTITUTE FACULTY OF HIGHER...

Sayani answered on Jun 04 2021
149 Votes
HI5019
STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE
ASSESSMENT 2: GROUP ASSIGNMENT
Executive Summary
The paper dealt with an Accounting Information System, which is basically a structure used by a business in order to collect, manage, control, retrieve, process, store as well as prepare a report of its financial data so that it can be used by the managers, accountants, chief business officers, auditors, business analyst and many more. Management accounting is highlighted in Part A with literature review and Part B focuses on the ERP software system, which can be used in the manufacturing software industries as it brings toge
ther the core business function of an organisation. Microsoft Dynamic system is the best suiting ERP software package for manufacturing industries.
Table of Contents
Executive Summary    2
Introduction    5
Part A: Literature Review    5
Chosen Topic of Interest: Management Accounting    5
Article 1:    5
Article 2:    5
Article 3:    6
Article 4:    7
Article 5:    7
Part B: System Analysis and Selection Report    7
1. Background of Selected Business    7
1.1 Evaluation of Business Process of Sourci: Australian Modern Sourcing and Supply Chain Management Company    7
Identification of the Potential Weak Internal Controls    9
Risk Management Supports Internal Controls    10
Recommendations    11
2. System Requirements    11
2.1 ERP Features and Function    12
3. Software Selection    13
3.1 Summary of Applications    13
3.2 Comparing and Contrasting Features and Functionalities of 3 ERP Software Packages    14
3.3 Most Suitable Vendor and ERP Software Package    14
Conclusion    14
References    16
Introduction
An Accounting Information System is basically a structure used by a business in order to collect, manage, control, retrieve, process, store as well as prepare a report of its financial data so that it can be used by the managers, accountants, chief business officers, auditors, business analyst and many more. This paper is divided into two section Part A comprises of literature review of management accounting and Part B comprises of system analysis and a selection report of a manufacturing company. Importance and significance of ERP software system is being highlighted throughout the paper.
Part A: Literature Review
Chosen Topic of Interest: Management Accounting
Article 1:
The article by Rikhardsson and Yigitbasioglu (2018) focuses on the Business intelligence analytics and management accounting. Executives observes that the technology, the data and analytics are a transforming force in a business. Therefore, several organisations implement this business intelligence and analytics technologies in order to support the report and decision-making system.
A review of the literature in accounting as well as information system journal indicates that in term of data collection little research has been done as per the research. This article points out the several research gaps and therefore recommend a framework for underlying the relationship between management accounting as well as business intelligence analytics.
Article 2:
The article by Curry (2019) introduces the management accounting potentiality to provide relevant information in production environment. This thesis paper highlights several methods of Management Accounting (M.A) as well as Operation Management (O.M) through various examination of paradigms, theories, application, which will thereby help us to understand the prevailing assumption about management accounting in production environment. The purpose of this literature review is clear to identify the key underlying assumption within M.A and O.M, analysis their magnitude and characteristics and offer avenues for inquiry.
The main aim of management accounting in this article is to understand the phenomena, the challenging conventional notion with an explanatory. The presentation of management accounting in production environment in the literature is too simple and needed a broader view. The research intention and the expectation on MA in the production environment should proceed simultaneously.
Article 3:
The article by Endenich and Trapp (2020) introduces a systematic literature review on the management accounting and control and business ethics. This review is guided by some theoretical framework, which highlights the decision- influencing as well as decision-facilitating functions of management accounting. This paper covers the issues of management accounting and controlling in the audit sector.
Ethical decisions can be both legal as well as acceptable from a larger community. This research also highlights the reward system as an important organisational factor. Ethics are required in making any kind of decisions. Ethics determines the decision-making capacities its effect on the approaches presented, how to take a decision, on what situation to take it, whether any expert help is needed in this regard or not.
It also includes how to critically represent the decisions, what are the views presented by others and many more. One cannot make progress without making ethical decision. After structuring and synthesising this review, it can be discussed in the future research about the accomplishment and elaboration on the avenues.
Article 4:
The article by Zyznarska-Dworczak (2018) introduces the legitimacy theory, that helps to understand the organisation’s behaviour in implementing in communicating its social responsibility policies. This paper focuses the argument in literature in order to recognise the legitimacy theory in management account research. This theory proves to be a tool for sustainable business legitimacy of sustainable management accounting.
Article 5:
The article by Amara and Benelifa (2017) focuses the importance of contingency factors affecting the organisational structure. Here accounting system plays an important role. The major aim of this research paper is to demonstrate that the combination of management accounting practice is the matter of coherence between the internal as well as external factors of the firms. This literature review presents the conceptual framework and the theoretical foundation of the management accounting along with the contingency theory. Further it also deals with the research methodology as well as the analysis with the interpretation of the result.
Part B: System Analysis and Selection Report
1. Background of Selected Business
1.1 Evaluation of Business Process of Sourci: Australian Modern...
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