Reference no: EM132770434 , Length: word count:2500

HI5019 Strategic Information Systems for Business and Enterprise - Holmes Institute

Assessment - System Analysis and Selection

LO1 1: Critically evaluate the purpose and role of accounting information systems in today's business environment (ULO 1),
LO1 2: Evaluate systems development methodologies and the role of accountants in system development projects (ULO 3), and
LO1 3: 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).

Background

After finishing your Bachelor of Accounting, you joined a multinational enterprise in 2007. During the last thirteen years in a multinational enterprise, you have performed different roles, including:

1. Evaluating the systems development methodologies and the role of accountants in system development projects, and

2. Appraising the risks inherent in the Enterprise Resource Planning, and analysing the role of ethics and the various internal control processes that need to be in place.
On 1st July 2020, you decided to quit the job and started your own accounting/management consultancy firm. Further, you thought it better to get the latest academic insights of professional accounting. For this purpose, you started your Master of Professional Accounting at Holmes Institute, Brisbane. And you enrolled in HI5019 in the first trimester since it is the most relevant unit to your consultancy services. One of your firm's 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 Based on our discussion in Interactive Tutorial 4 to 6, describe your client's business activities involved in the Transaction Processing System.
1.2 Consistent with Section 1.1 above, discuss the key business processes involved in the Transaction Processing System.
1.3 We have evaluated different business processes in Interactive Tutorial 4 to 6. Based on this discussion, evaluate the business process of your client to identify potential weak internal controls and the risk associated with these potential weak controls.
1.4 Recommend the control techniques that will reduce or eliminate the potential risks identified in Section 1.3 above.

2. Systems Requirements

2.1 Based on Section 1.1 to 1.4, briefly discuss the software features and functionalities that your client should consider supporting its business activities.

3. Software Selection

3.1 ERP functionality falls into two general groups of applications. We will discuss these general groups of applications in the Interactive Tutorial 11. Based on our tutorial discussion, summarise these two general groups of applications.
3.2 Further, we will discuss the general functionalities and key elements of ERP systems in Week 9 and 10 (Chapter 11: Enterprise Resource Planning System). Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors.
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.

1. Holmes Institute Assignment Cover Sheet

The Holmes Institute Assignment Cover Sheet is available at the end of menu item Assessments on the Blackboard.
2. 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.
3. 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.
4. Introduction

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.
5. 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.
6. Conclusion

This section contains a logical and coherent evaluation based on a thorough and objective assessment of the research performed.

7. 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.)

Attachment:- Assignment_Requirements.rar