HA2042 Accounting Information Systems - Assessment 2: System Analysis and Selection

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Assessment 2: Individual Tutoring

You are required to prepare a report to evaluate and recommend a cloud-based accounting software for an Australian ASX-listed company of your choice (your firm’s client).1 The report should include the following components:

1. Background

  • Describe your client and its business activities.
  • Briefly describe the basic business activities involved in the revenue and expenditure cycles of the selected company.
  • And identify the weak internal controls in these business activities. Further, identify the risks associated with these weak controls.

2. Systems requirements

  • Outline the software features and functionalities that your client should consider to support its business activities.

3. Software selection

  • Visit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero, etc.) and provide a brief description of each vendor and its products.
  • Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors.
  • Identify the most suitable vendor and accounting software package for your client and explain why it is the best option.

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