HA2042 Accounting Information Systems

You are working as a junior Business Analyst in an accounting/ management consultancy firm in Australia. Recently, you are assigned to work with Delia Delicious. As of the limitations of its current manual accounting systems, the client believes that an investment in a cloud-based accounting software is needed to support the growth of their business. Required You are required to prepare a report to evaluate and recommend a cloud-based accounting software for the above client. The report should include the following components: 1. Background Assess the impact of this situation on business performance and management decision making.  Identify the major internal control weaknesses in the above business activities.  Discuss the possible risks associated with each of the identified control weaknesses. 2. System requirements  Outline the software features/ functionalities that your client should consider supporting 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. Assignment
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