This project gives you an opportunity to develop a system implementation, monitoring, and review plan for a newly purchased Accounting Information System (AIS) for a local garment wholesale company.

This project gives you an opportunity to develop a system implementation, monitoring, and review plan for a newly purchased Accounting Information System (AIS) for a local garment wholesale company.

This project gives you an opportunity to develop a system implementation, monitoring, and review plan for a newly purchased Accounting Information System (AIS) for a local garment wholesale company. As an accounting professional and the project leader, you are required to implement this new AIS, monitor and review this system. Finally, you have to report the management on whether this new AIS will be adopted.

In this project, you are going to make a proposal on how to implement, monitor, and review this new AIS. You have been asked to provide an informational session to management team about your proposal.

Note: This project can be completed individually or in teams of two to four members. The project will be completed by submitting a written proposal (1500 words) and a minimum 10 slides PowerPoint presentation slides. You will be required to present in the class at the end of Week 3.

Consulting Project Proposal Checklist

Cover Page.

Executive Summary. After writing the proposal, draft an executive summary to highlight the most important points of your

A detailed AIS implementation, monitoring, and review plan. Identify potential problems/difficulties.

Recommendation with Supporting Rationale.

* Learners and assessor should refer to the assessment evidence checklist & record as below:

Assessment Task 3 Assessment Evidence Checklist & Record
Learner’s ID: ______________________

Learner’s Name: ___________________________________

Performance & Knowledge Evidence C/NYC Comments
Identify and document record and systems requirements
Prepare systems documentation and implement reporting systems and records that comply with:ü statutory requirements
ü organisational policy and procedures Knowledge Evidence

Monitor and review reporting systems
Outline the key features of statutory requirements, codes of practice and organisational policy and procedures relating to accounting systems
Discuss ethical considerations for the handling of financial reconstruction
Explain the key features of financial legislation relating to taxable transactions and reporting requirements
Outline a range of considerations for developing accounting system specifications
Compare and contrast methods of data protection
Explain the key principles and practices of budgetary control and implications for accounting systems
Explain the process and procedures for recording and storing financial data
Comments:
Signed by Learner:Date: Signed by Assessor:Date:
Answer:

This proposal depicts the importance of developing the Accounting Information system in a local garment wholesale Company in order to gain effective revenue and competitive advantages as well. The role of the project leader and accounting professional is to define proper implementation, monitoring and review plan for developing the Accounting Information System for the Garment Company.

Explanation & Answer

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