Group Assignment Diploma of Accounting (FNS50204) HAIS Accounting Information Systems 1 Assignment: This assignment is to be carried in pairs (two people). This assignment carries a mark of 50 (50% of the total assessment) You have been approached by some businessmen who are preparing to start up a business operation. You can decide on what type of business, such as a bank, a manufacturing operation, a retail store, a service business, whatever you like.
You are required to carry out some research and look at a typical business today, and determine what role an Accounting Information System plays in their ongoing operation. Then prepare a report for the businessmen, providing them with information and recommendations about employing an Accounting Information System. What type of AIS would that business have? Why would they have a system? What are the cycles that would be considered? What would be the benefits and advantages, such as security and why? Are there any disadvantages and if so, what?
You should include a diagram/chart of at least one of the cycles with your assignment The format for this assignment is in a report format, complete with Header, contents page, an executive summary, body, conclusion and recommendations This assignment is due to be submitted at the end of the week 4 (or by arrangement with your teacher). Marking Guide: Evidence of Research Type of business Reason for having an AIS system The cycles Diagram of a cycle Benefits and advantages Disadvantages Report presentation Total (10 marks) (5 marks) (5 marks) (10 marks) (5 marks) (8 marks) (2 marks) (5 marks) (50 marks) 2