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HI5019M_T1_2017 STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE (HI5019M_T1_2017)
Individual Assignment Self Check Link T1 2017
Jagrutkumar Jitendrakumar BHAVSAR
on Tue, May 30 2017, 4:55 PM
42% highest match
Submission ID: 1fec255ffddf48d488062c4b4b66ee09
Attachments (1)
AZZ3317 Jagrutkumar Bhavsar Individual Assignment 1.docx
HI5019 STRATEGIC INFORMATION SYSTEMS T1 2017 Individual Assignment
Student ID AZZ3317 Jagrutkumar Bhavsar
Executive Summary The work focus on the different accounting system patterns where the
company try to promote the ERP and the accounting software solutions in a proper manner. There
are patterns where the NAB (National Bank Australia) is set to hold the benefits with the discussion
over the benefits to hold the ERP solutions. The standards are set with the collection, storage and
the processing of the data in effective manner with the use of the reports that account for the
investors, creditors and the taxation authorities. There are different elements that are important for
the accounting cycles with revenue, expenses and the customer information which is set for the
sales order and to analyze the reports.
Contents Executive Summary 1 Introduction 3 Part A: 1 3 STRUCTURE 3 OPERATION
ISSUES 4 ERP ACQUISITIONS 4 FLOWCHART FOR THE SALES 5 PROBLEMS AND
THE FRAUDS 6 PART B 6 ACCOUNTING SOFTWARE PACKAGES 6 MARKET SIZE 7
LIMITATIONS 9 RECOMMENDATIONS 9 REFERENCE 11
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Introduction The information system is set with collecting the data and then processing the
standards with information change and distributing the information to the users. There are
patterns working over the manual systems where the reports are about making all the important
business decisions. AIS works on the effective standards with collection and storage of the data
which mainly includes the transactional the data from the different sources. For this, there are set
structures, where the AIS is applied to National Bank Australia.
Part A:
Structure There are patterns which are based on working over the banking services along with
setting the branches which holds the services of the web banking and the ATM services for the
customers. The National Bank Australia is also for providing the different commercial banks with
the privilege to do the business and work on the traditional system of accounting. It is always seen
that there is a cost effectiveness with paperwork that is set with theview of data loss. The cost
effectiveness is set with the systems where there is a need of handling the accounting structure as
well as the different kinds of the commercialized banking approach for the business. Here, the
procedures are based on defining and setting the controls to record the processing of the data
functions. 2 (ALBU ET AL, 2014).The reliability is through the accounting information system
which works with the security and confidentiality standards to protect the data from any loss of the
information along with meeting all the operational obligations.
Operation Issues It has been seen that National Bank Australia is working on creating the errors
with the systems which are for the transactions and to hold the response in the traditional manner.
For this, there is also a major need to work on creating the error of the system and then balance the
accounting standards. The wrong entry forms are also able to take place with the issues related to
work on a particular form. Hence, it is important to check whether it is possible to balance the
figures of the accounting standards or not. For this, one need to check the different transactions
where the customer’s loss for the bank and the people have to wait for the personalized transactions
whole day.(Braun et al., 2015).
ERP acquisitions With the change in the enterprise resource planning, the National Bank Australia
is working on the system planning where the accounting software works over the management with
the setup to avoid all the errors of the system. for this, the management also works on applying5/30/2017 SafeAssign Originality Report
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Xero accounting software which is generally based on the use of the ERP system. here, the
accounting needs to be developed and set with the cloud based standards that come under the SaaS
model, where there is a need to describe about how the services are able to manage the different
subscription processes. 3 (DE SIMONE, 2016). The accounting figures and the standards are
set in the advanced manner where there is a need for the customers to check the online hard drive
or the local hard drive of the system.
Flowchart for the sales
This is based on working over the different standards where there are additional services, sign up
and the other monthly accounting services in the system. these are set to define the monthly
support where the accounts are for generalizing the system standards and to work on reviewing and
setting up the email data. This will also work on evaluating the revisions that are set to proceed to
the email approved revisions. Thereafter, a monthly report is generated which clearly defines the
payroll of the system with the features that are set for the entry of the customer in the bank along
with the other related process. The accounting information system is set across different
departments which includes the purchase of inventory standards with internal controls try to
ensure that sensitive customer, vendor and business information is maintained in a company. 4
(FLOROU ET AL., 2017).
Problems and the frauds The problems are generally found to take place in the Xero software which
includes the fulfilling of the web based software that needs to set a proper network connection. One
need to involve the proper working browser which will help in evaluating the changes depending
upon the full administrator rights to the user. The standards are set to meet the level of privacy
where there are forms to handle the recovery time back. The solution for this is to work on the users
with the working that has been set at a particular destination with the time frame set for the local
drive of the system. the proper privacy of the system database is based on setting the software
standards with the choice to maintain the links as well as set up the network connections. In this
way, the connectivity is established with the system link and to create a proper standard for the
accounting systems. 2 (FREEMAN ET AL., 2014). The information is based on controlling the
flow which access and maintain the status depending upon the standards as well as the forms that
are derived through the integration standards.5/30/2017 SafeAssign Originality Report
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Part B Accounting Software packages This is set to define the limits of how the National Bank
Australia works on the MYOB, Xero and Saasu where the solutions are based on defining the
purchasing modules and the accounting standards with the inventory setup. There are proper
analysis of the business programming and the sort of the business that is important for the
bookkeeping process of the virtual solutions. AIS works on the packaged software with recording
the data and the financial standards to check on the advancement of the technology with the
research that is based on reviewing the financial modules. The 1959 accounting information system
is set with IBM developed 9PAC standards that include the language where the storage and the
access is based on the structuring of the relational basis. This includes the development of the
proprietary standards with the designing of the specific requirements so that the check could be on
the intention that would enable the users to derive value to the users. (Radebaugh, 2014). In 1981,
Peachtree has been introduced where there are integrated standards for the office suits set with the
spreadsheets and the word processor. The Intuit has been used for the quickening of the processes
and to work over the standards where there are friendly user relations. The Teleware launched the
striking accounting package with the stock administration framework that includes the stock and
the requests forms with keeping track of payables.
Market Size The standards are set with the forms that include the income per unit with Xero forms
where the higher stirring rate is set with the higher edge MYOB that includes the higher specialist’s
forms are set with the likewise increment with enhancement of the net margins. The lessening of
the client mixtures includes the essential consideration with the space that includes the clouds with
the clients that have a higher lifetime esteem with the desktop advertise. The check is on the MYOB
is set over the cloud client base is based on the Xero yearly patterns with 1213% of Australia.
Leaders in Accounting software The forms are set with the indication of the current money related
position with the rapid observations of the bank parties where there are unpaid deals and the bills.
Saasu works on the standards with the P&L depiction where the options for the customization is set
with the business targets sum. The data export is set with the import to check the outline of
records. 5 THE FORMS OF THE MYOB WORK ON THE ACCOUNTING IMPORTS
WITH BANK ARTICULATIONS, CONTACTS AND THINGS WITH THE FARE OF THE
BUSINESS EXCHANGES. The multiuser scope works on the consideration with the client to
work on the product at a particular time. The cherishing bank nourishment is set with the bolstered5/30/2017 SafeAssign Originality Report
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forms with the capacity set to check on the conciliation and money coding. The natural and the
quick standards are for the bank sustainable information. The interface is set with the partner and
yodlee, partner sorting the requirements with paper applications, to associate from the interface.
4 (FLOROU ET AL, 2017). The customers try to check on sending the solicitations with check
from the bundle. The Xero and MYOB does not offer the capacity which is mainly to deal and
arrange the offers for the capacity to raise the city with the gauges. The customized forms are
focusing on handling the expenditure assertion revealing all the elements that are accessible. Here,
the forms are based on offering the considerations with the transferring the records of the reports
and the exchanges which are based on global exploration utility. The patterns are set to offer the
hunting of the work with the Jump where the company has been able to check with the flexible
functionalities. The SAP RF is easily handled through the wide range of the business operations
with the financial decision process that is set with the limited forms of the intermediaries. The
check is also on adapting to the accounting software which occurs are a faster pace. 1 (BRAUN
ET AL, 2015). 6 THE ADOPTION OF THE ACCOUNTING SOFTWARE IN AUSTRALIA
TEND TO OCCUR AT A FASTER PACE. The Australian business work on adopting the
accounting software systems that would reduce any tedious forms of the paper work. Here, the
check is also on how the system is able to carry with the different ledgers of the sales and the
purchase.
Limitations There are ERP standards which include the issues related to the conventional
accounting problems and the frameworks. For this, it is important to evaluate the correct cot of the
data from the top administration process. A proper set of the offerings are based on evaluating the
sending of the citations and the measures which will be for the distribution of the aberrant
expenses. 5 THE OVERHEAD OF THE RECUPERATION RATES IS STET WITH THE
MACHINE HOUR RATE AND WITH THE WORK HOUR RATE TO HANDLE THE
UTILIZATION SET FOR THE INGESTION FOR THE ABERRANT EXPENSES. This is the
overhead forms where the expenses are also related to check on the designated forms with the
relocated standards. 3 (DE SIMONE, 2016).
Recommendations The major focus should be on using the cloud SaaS model that could be set for
the organizations with the varying dimensions. Along with this, it will also be able to handle the
system standards for the operations to evaluate the system setup and to check on how the prices are5/30/2017 SafeAssign Originality Report
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offered for a particular area. The diminishing costs and the assets are set with the aspects that are
for upgrading the profitability standards and adaptation process to enhance the correspondence
with joint effort between the different ranges to check the business and its control. 2 (ALBU ET
AL., 2014). Hence, it is important to check whether there is a proper use of the firewall settings
and the encryption standards to take hold of the system process.
7 REFERENCE ADIBAH WAN ISMAIL, W., ANUAR KAMARUDIN, K., VAN ZIJL, T.
AND DUNSTAN, K., 2013. EARNINGS QUALITY AND THE ADOPTION OF IFRSBASED ACCOUNTING STANDARDS: EVIDENCE FROM AN EMERGING MARKET.
ASIAN REVIEW OF ACCOUNTING, 21(1), PP.5373.
8 ALBU, C.N., ALBU, N. AND ALEXANDER, D., 2014. WHEN GLOBAL
ACCOUNTING STANDARDS MEET THE LOCAL CONTEXT—INSIGHTS FROM AN
EMERGING ECONOMY. CRITICAL PERSPECTIVES ON ACCOUNTING, 25(6),
PP.489510.] BRAUN, G.P., HAYNES, C.M., LEWIS, T.D. and Taylor, M.H., 2015. 9
PRINCIPLESBASED VS. RULESBASED ACCOUNTING STANDARDS: THE EFFECTS
OF AUDITEE PROPOSED ACCOUNTING TREATMENT AND REGULATORY
ENFORCEMENT ON AUDITOR JUDGMENTS AND CONFIDENCE. 10 RESEARCH IN
ACCOUNTING REGULATION, 27(1), PP.4550.
3 DE SIMONE, L., 2016. 11 DOES A COMMON SET OF ACCOUNTING STANDARDS
AFFECT TAXMOTIVATED INCOME SHIFTING FOR MULTINATIONAL FIRMS? 12
JOURNAL OF ACCOUNTING AND ECONOMICS, 61(1), PP.145165.
8 FLOROU, A., KOSI, U. AND POPE, P.F., 2017. ARE INTERNATIONAL
ACCOUNTING STANDARDS MORE CREDIT RELEVANT THAN DOMESTIC
STANDARDS? ACCOUNTING AND BUSINESS RESEARCH, 47(1), PP.129.
12 FREEMAN, R.J., SHOULDERS, C.D., ALLISON, G.S., SMITH JR, G.R. AND
BECKER, C.J., 2014. GOVERNMENTAL AND NONPROFIT ACCOUNTING: THEORY
AND PRACTICE. JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION VOLUME 20
NUMBER 3, P.441.5/30/2017 SafeAssign Originality Report
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13 RADEBAUGH, L.H., 2014. 14 ENVIRONMENTAL FACTORS INFLUENCING THE
DEVELOPMENT OF ACCOUNTING OBJECTIVES, STANDARDS AND PRACTICES IN
PERU. THE INTERNATIONAL JOURNAL OF ACCOUNTING EDUCATION AND
RESEARCH. URBANA, 11(1), PP.3956.
Citations (14/14)
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1 Another student's paper
2 Another student's paper
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4 Another student's paper
5 Another student's paper
6 Another student's paper
7 Another student's paper
8 Another student's paper
9 Another student's paper
10 Another student's paper
11 ProQuest Document
12 Another student's paper
13 Another student's paper
14 Another student's paper
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3 STRUCTURE 3 OPERATION ISSUES 4 ERP
ACQUISITIONS 4 FLOWCHART FOR THE SALES 5
PROBLEMS AND THE FRAUDS 6 PART B 6
ACCOUNTING SOFTWARE PACKAGES 6 MARKET
SIZE 7 LIMITATIONS 9 RECOMMENDATIONS 9
REFERENCE 11
Contents Executive Summary 1 Introduction 3 Part A 3
Organizational Structure 3 Operational Issues 3
Acquisitions with ERP 4 Flowchart procedures 4
Problems and the frauds 5 Part B 6 Accounting Software
Packages 6 Market Size 6 Leaders in Accounting
software & competitive Advantages 7 Limitations of
Traditional Accounting Systems 7 Recommendation of
ERP based Accounting – Xero 8 Conclusion 8 Reference
9
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(BRAUN ET AL, 2015)
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(Sela et al., 2015)
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(ALBU ET AL, 2014)
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(Law et al., 2014)
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(FREEMAN ET AL., 2014)
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(Law et al., 2014)
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(ALBU ET AL., 2014)
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(Law et al., 2014)
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Assignment 1.docx
(DE SIMONE, 2016)
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De Simone, L
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(DE SIMONE, 2016)
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De Simone, L
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DE SIMONE, L., 2016
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De Simone, L
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(FLOROU ET AL., 2017)
Source Another student's paper
(Alzab et al., 2017)
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(FLOROU ET AL, 2017)
Source Another student's paper
(Alzab et al., 2017)
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THE FORMS OF THE MYOB WORK ON THE
ACCOUNTING IMPORTS WITH BANK
Source Another student's paper
MYOB takes into account import of bank articulations,
contacts and things and fare of business exchanges5/30/2017 SafeAssign Originality Report
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ARTICULATIONS, CONTACTS AND THINGS WITH
THE FARE OF THE BUSINESS EXCHANGES
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THE OVERHEAD OF THE RECUPERATION RATES IS
STET WITH THE MACHINE HOUR RATE AND WITH
THE WORK HOUR RATE TO HANDLE THE
UTILIZATION SET FOR THE INGESTION FOR THE
ABERRANT EXPENSES
Source Another student's paper
· Overhead recuperation rates, for example, machine
hour rate, work hour rate and so forth are utilised for
ingestion of aberrant expenses i.e
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THE ADOPTION OF THE ACCOUNTING SOFTWARE
IN AUSTRALIA TEND TO OCCUR AT A FASTER PACE
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The adoption of accounting software in Australia is
happening at a faster pace
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REFERENCE ADIBAH WAN ISMAIL, W., ANUAR
KAMARUDIN, K., VAN ZIJL, T
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Reference List Adibah Wan Ismail, W., Anuar
Kamarudin, K., van Zijl, T
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AND DUNSTAN, K., 2013
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and Dunstan, K., (2013)
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EARNINGS QUALITY AND THE ADOPTION OF IFRSBASED ACCOUNTING STANDARDS
Source Another student's paper
Earnings quality and the adoption of IFRSbased
accounting standards
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EVIDENCE FROM AN EMERGING MARKET
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Evidence from an emerging market
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ASIAN REVIEW OF ACCOUNTING, 21(1), PP.5373
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Asian Review of Accounting, 21(1), pp.5373
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ALBU, C.N., ALBU, N
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Reference List Albu, C.N., Albu, N
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AND ALEXANDER, D., 2014
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and Alexander, D., 2014
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WHEN GLOBAL ACCOUNTING STANDARDS MEET
THE LOCAL CONTEXT—INSIGHTS FROM AN
EMERGING ECONOMY
When global accounting standards meet the local
context—Insights from an emerging economy
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CRITICAL PERSPECTIVES ON ACCOUNTING, 25(6),
PP.489510.] BRAUN, G.P., HAYNES, C.M., LEWIS,
T.
D
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Critical Perspectives on Accounting, 25(6), pp.489510
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FLOROU, A., KOSI, U
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Florou, A., Kosi, U
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AND POPE, P.F., 2017
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and Pope, P.F., 2017
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ARE INTERNATIONAL ACCOUNTING STANDARDS
MORE CREDIT RELEVANT THAN DOMESTIC
STANDARDS
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Are international accounting standards more credit
relevant than domestic standards
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ACCOUNTING AND BUSINESS RESEARCH, 47(1),
PP.129
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Accounting and Business Research, 47(1), pp.129
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PRINCIPLESBASED VS
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Principlesbased vs
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RULESBASED ACCOUNTING STANDARDS
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rulesbased accounting standards
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THE EFFECTS OF AUDITEE PROPOSED
ACCOUNTING TREATMENT AND REGULATORY
ENFORCEMENT ON AUDITOR JUDGMENTS AND
CONFIDENCE
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The effects of auditee proposed accounting treatment
and regulatory enforcement on auditor judgments and
confidence
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RESEARCH IN ACCOUNTING REGULATION, 27(1),
PP.4550
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Research in Accounting Regulation, 27(1), 4550
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DOES A COMMON SET OF ACCOUNTING
STANDARDS AFFECT TAXMOTIVATED INCOME
SHIFTING FOR MULTINATIONAL FIRMS
Source ProQuest Document
Does a common set of accounting standards affect taxmotivated income shifting for multinational firms
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JOURNAL OF ACCOUNTING AND ECONOMICS, 61(1),
PP.145165
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Journal of Accounting and Economics, 55(1), pp.4365
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FREEMAN, R.J., SHOULDERS, C.D., ALLISON, G.S.,
SMITH JR, G.R
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Freeman, R.J., Shoulders, C.D., Allison, G.S., Smith Jr,
G.R
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AND BECKER, C.J., 2014
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and Becker, C.J., 2014
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GOVERNMENTAL AND NONPROFIT ACCOUNTING
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Governmental and nonprofit accounting
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THEORY AND PRACTICE
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Theory and practice
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JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION
VOLUME 20 NUMBER 3, P.441
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JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION
VOLUME 20 NUMBER 3, p.441
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RADEBAUGH, L.H., 2014
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Radebaugh, L.H., 2014
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ENVIRONMENTAL FACTORS INFLUENCING THE
DEVELOPMENT OF ACCOUNTING OBJECTIVES,
STANDARDS AND PRACTICES IN PERU
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Environmental factors influencing the development of
accounting objectives, standards and practices in Peru
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THE INTERNATIONAL JOURNAL OF ACCOUNTING
EDUCATION AND RESEARCH
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The international Journal of Accounting Education and
Research
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URBANA, 11(1), PP.3956
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Urbana, 11(1), 3956