Conduct a meeting with the project manager

Assignment Help Accounting Basics
Reference no: EM133017313

Question: Background and Context: Creative Accounting is an accounting consulting and services company established in 2008, with the aim of providing accounting and taxation advice and services to individuals and businesses in Sydney, Australia. The company is based in Sydney CBD and employs a team of approximately 16 accounting professionals managed by two partners. Services cover areas such as business consultation and advice, business planning, tax preparation, BAS preparation, bookkeeping services, financial accounts preparation and reporting, and auditing. For the last few years, the company has been using a custom-built accounting software package that has worked well for delivering companies services. The company has over 50 permanent clients and approximately 10 new clients each year. However, with the advent of new technologies, and with a view to provide mobile accounting and computing solutions to its business clients, the company has increasingly become aware of the need to implement new technological solutions. In particular, the company aims to; ? Allow their client to submit their financial data and information online ? Allow clients to access their data anywhere anytime ? Sharing of reports and data ? Clients able to have an overview of their business financial position in real-time ? Increased productivity and security.

With the above aims, the company has set up a project team to investigate and suggest viable solutions. The company requires that; ? All new projects are based on a business case ? Project must justify the business needs and benefits ? Project Manager must approve all the new projects ? A cost-benefit analysis must justify the new implementation/change ? Risk must be highlighted and discussed.

At least two proposed solutions with the relevant information must be proposed ? A preliminary budget must be prepared for the propose change ? A briefing and training session must be conducted as part of implementation. Accordingly, your team has been given the task to first identify and evaluate business needs for a proposed solution. Note: Your team will be working throughout the unit in the same given role within the above organisational context. Ensure that you plan ahead and maintain an effective record of all team work throughout. Task: You project team (roleplay) has been given the task to;

1) Conduct a meeting with the Project Manager and confirm the scope of the tasks (provide summary meeting points in your report)

2) Prepare a Needs Analysis, which will include; a. Over of company operations and specific operational requirements b. Analysis of current technological environment and future needs c. Technological needs to achieve the aims/goals d. Suggest viable solutions You will need to produce a word-processed needs analysis report that addresses and organises the above information in a logical order. The above areas can be converted into appropriate headings.

Reference no: EM133017313

Questions Cloud

Prepare the journal entries : Prepare the journal entries for Alpha's 2020 transactions listed above
Find relationship between the variables : What type of validity is most concerned with whether there is a relationship between the variables??
Participate in a telephone survey : An individual is asked to participate in a telephone survey about packaging design for cereal. While her kids eat cereal, she has no problems with current packa
Index of economic freedom : -Based on information in the 2021 Index of Economic Freedom ONLY, which of the following countries would you recommend that a client consider for FDI?
Conduct a meeting with the project manager : Conduct a meeting with the Project Manager and confirm the scope of the tasks (provide summary meeting points in your report)
Assignment on tourism cycle : Identify travel motivators that may have/likely inspired people to choose the following trip locations and activity sites:
Why are ethics-social responsibility important in business : Why are Ethics and Social Responsibility important in business? Why is ethics an important consideration in marketing decisions?
Briefly explain benefits of strategic management : Changes in business environments will require organizations to constantly assess their strategies for success.
Identify two major theoretical frameworks : Identify two major theoretical frameworks as they relate to Factors affecting Performance and Productivity in Leaders.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Briefly discuss each of sections that need to be completed

Briefly discuss each of the sections that need to be completed, and select two areas that can be problematic for employees

  What is sasuke ending inventory

Using the average retail inventory method, what is Sasuke's ending inventory? The records of Sasuke's Department Store report the data

  Prepare the trial balance as at May

Nabeela commenced business on 1 May 2019 with a capital of RM5,000 of which RM1,000. Prepare the trial balance as at May

  What is the amount of the cost of goods sold for this sale

August 1815 units were purchased at $14 per unit. August 2912 units were sold. What is the amount of the cost of goods sold for this sale

  What would be the budgeted amount for jail guards

What would be the budgeted amount for jail guards for the month of January? Would this be a fixed or a variable cost?

  What are cass performance obligations in the contract

The contract is signed on April 15, 2019, at which time Dearborn pays Cass $25,000. What are Cass performance obligations in the contract

  Neville enterprises has a number of fully depreciated assets

Because the assets are fully depreciated, the president of the company decides not to show them on the balance sheet or disclose this information in the notes. Evaluate this procedure.

  Determine how much is the annual amortization expense

Adelphi Company expects to use the patent for 8 years after which time it will be worthless. How much is the annual amortization expense for 2019?

  advise John on the assessability or deductibility of events

With reference to relevant legislation and case law advise John on the assessability and/or deductibility of above events

  Calculate the capital account balances of the partners

Calculate the capital account balances of the partners after sale of assets and payment of liabilities and liquidation expenses

  Make a budget from an external point of view

Make some assumptions, make a budget from an external point of view. Describe the situation and the results. Show computations when appropriate.

  Accounting standards require the company to record

1.On September 30, 2013, Ferguson Imports leased a warehouse.

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