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Pages:
11 pages/≈3025 words
Sources:
4 Sources
Level:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:

Changing the AIS (Essay Sample)

Instructions:
Assignment 4: Changing the AIS Due Week 10 and worth 320 points Migrating to a new accounting information system is not an easy task. Many firms have struggled with this process, even though our textbook makes the process seem quite straightforward. Recently, IBM recapped some of the lessons learned in migrating to a new accounting information system within the federal government. These lessons can be applied to any accounting information system project. Others have developed their own recommendations for best practices and lessons learned involving implementing accounting information systems. However, in order to appreciate what IBM and others are proposing, we need to apply lessons learned to a real-life situation involving the failure to implement an accounting system properly. For this assignment, research the Internet or Strayer databases for information related to a real-life accounting information system failure and best practices, as well as lessons learned from implementing the accounting system. In addition to information that you may find during your research, please use the following IBM article to complete the assignment: (http://www(dot)businessofgovernment(dot)org/article/what-we-know-now-lessons-learned-implementing-federal-financial-systems-projects). Write a ten to twelve (10-12) page paper in which you: 1.Identify three to five (3-5) factors that contributed to the accounting information system failure within the business that you have identified. Indicate the impact to the business. Provide support for your rationale. 2.Assess senior management responsibility for the failure in question. Specify what the senior management could have done differently to avoid the failure. Provide support for your rationale. 3.Evaluate whether the most significant failure occurred within the system design, implementation, or operational phase of the process. Indicate what the company could have done to avoid the failed outcome. Provide support for your rationale. 4.Evaluate how implementing best practices would have reduced the chances for failure. Provide support for your rationale. 5.Based on your research, develop a list of between four (4) and six (6) best practices that organizations should use today to reduce the chances for failure. Provide support for your rationale. 6.Using the information provided by IBM and others, indicate which of the principles designed to provide insight into effective and efficient strategies on how to best deploy financial management systems, which were outlined within the related article, should serve as an example of what not to do when establishing the foundation for a firm to follow. Your proposed foundation should consist of at least two (2) principles, but no more than six (6). Provide support for your rationale. 7.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: -Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. -Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. source..
Content:
Changing the AIS Student`s Name: Professor`s Name: Course Title: Date: Abstract An accounting information system (AIS) gathers records, processes and stores information to produce data for administrators. AIS can be a very complex system employing latest computer and information technology or a very easy manual system, or somewhere between the two. Despite the approach used, the process is similar. Even so, the AIS and the individuals utilizing it have to gather, enter, process, store and report information and data. This research paper is about a failed accounting information system, the FBI`s Virtual Case File. Key Words: AIS, FBI, VSF, Changing the AIS: Virtual Case File Introduction An accounting information system (AIS) gathers records, processes and stores information to produce data for administrators. AIS can be a very complex system employing latest computer and information technology or a very easy manual system, or somewhere between the two. Despite the approach used, the process is similar. Even so, the AIS and the individuals utilizing it have to gather, enter, process, store and report information and data. The computer software and hardware or pencil and paper are just the tools used to create the information. AIS comprise six main parts, namely: the people, instructions and procedures, software, data, internal controls, security measures and information technology infrastructure. Virtual Case File (VCF) refers to a software application that was built by the U.S. Federal Bureau of Investigation (FBI) between 2000 and 2005. VCF was created to meliorate the FBI modern case management system. Nonetheless, the project was formally abandoned in 2005. At that time, VCF was still in development phase and cost the government virtually $170 million. The project is an example of wasted tax money in an unsuccessful attempt to fix an outdated g...
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