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3 pages/β‰ˆ825 words
Sources:
4 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 16.85
Topic:

Information Flows and Financial Management

Research Paper Instructions:

In your project assignment for this module, you'll be pleased to know that there is no calculation involved, at least not by you directly. This time, you'll acquire some hands-on familiarity with a financial information system through exploring what they refer to as the "Kuali test drive". This is a sort of experiential tutorial intended to give financial managers considering the application of Kuali in their organizations the opportunity to see how it works and the kind of interfaces that the system would present to their staff and to users.
For this module, you should go to the Kuali test drive page, read about the system, review the driver's manual, and try the first two scenarios described in the test drive. If you are asked for a username you can use 'khuntley'.
When you have completed your activities here, write a short (2-3 page) report describing what you did during the test drive, your evaluation of the system at this point (admittedly, this will be based on limited information, but that's okay), and questions that are in your mind regarding the use of a financial information system such as Kuali.
This will be a preliminary assessment; you'll be returning to the test drive in module five, and to have an opportunity to further your understanding of it and to clarify some issues.
SLP Assignment Expectations
Use information from the modular background readings as well as any good quality resource you can find. Please cite all sources and provide a reference list at the end of your paper.
LENGTH: 2-3 pages typed and double-spaced.
The following items will be assessed in particular:
Your ability to demonstrate your understanding of the basic transaction processing capabilities and benefits of Kuali;
Some in-text references to modular background readings.

Research Paper Sample Content Preview:
Information Flows and Financial Management
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Information Flows and Financial Management
Information flows and financial management are the basic building blocks of an institution or organization. Financial management is an effective and well-organized management of funds in a way that they can achieve the objectives of that organization. On the other hand, Information flow refers to the path taken by data from the source to the end users. Therefore in the processing of this information, we need an efficient system that will be able to give us the best of the results that will assist in making proper decision on financial usage of the firm (Fogel, 2009). The Kuali Test drive software is one application that has been developed by the Kuali foundation to carry out the information collecting and relaying the information to the necessary individuals for the right decision making. Kuali Test drive comes with a simple user interface that will help an organization optimize on their personnel and also make it easy for the users to access it. Clients will also save valuable time when using this software and be able to be productive. The system, offers a range of high end quality services as shown below.
The system enables organizations and institutions to carry out the transactions and necessary financial data required by an organization. The test drive contains base modules for accounting and commerce such as, transactions, workflow, reporting of financial usage, general ledgers on the daily operations and chart accounts for various transactions (Wynne, 2012). The system also has supplementary modules which come later on such as, endowment, budgeting, accounts payable, enhanced reporting and accounts receivable. The complexity and simplicity of the system are relative and can be seen through its easy to use interface as well as the details that are involved in the execution of its mandate. The systems allows to carry out a number of activities with it, they include; creating a proposal, developing a government grant funding report, developing a system to show existing opportunities, adding key staff and personnel in the organization, adding special data to the system servers, developing special reports and any other research, reviewing of existing systems components, addition of customized data, using abstracts and any necessary attachments, budget creation and also answering customer questions on various issues affecting them and those that are frequent and repetitive.
The scenarios that Kuali Test drive works on in the real life issues in the organizations, we can consider for instance, creating a proposal. A proposal is a developed plan on how to run something and get optimum results. These can be created from a research carried out, or from available data. In the Kual...
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