The accounting software can be considered as the software application that is able to handle the accounts related operations of an enterprise. The software is responsible for carrying out the tasks such as maintaining payroll, ledger financing and many more. Within the enterprises, this particular software is considered as the accounting information system.
Within the study, the analysis of accounting software has been done on the basis of Sage MicrOpay in the William Clarke College. The organizational structure is analysed within the study for getting more information regarding the chosen organisation.
Inefficient Education: The organisational structure is making the education process of the system low. There not much efficiency and effectiveness in the education associated operations. The teachers are provided very low power in the structure. Therefore, they cannot invent and apply new ways of teaching.
Student Admission Delay: As the amount of administrative and employees in the admission and receptionist department are low, it takes a lot of time to admit the student. From checking and then selecting the students takes a lot of time and often this process is full of error.
Query Resolve: The students and their guardians have a lot of questions. Resolving the queries within effective time is not possible as no answer to the sensitive questions are provided without the permission of head of college.
The first rule of system acquisition method is to get a brief idea about the requiems of the business and future objectives of the organization. Based on these information, the services required from an accounting software system is determined.
Deciding the merchant and administration is the following period of the obtaining procedure. Among the different merchants like MYOB, Xero and numerous others, the establishment chose Sage. Foundation actualized an ERP that will hold the Sage MicrOpay. The choice procedure experienced different checking component like whether the product will have the capacity to determine or make the procedure proficient and if the merchant association, Sage, is equipped for giving administration at whatever point required.
The following stage is check. Inside this stage, the administration of William Clarke College has given a few acknowledgment criteria. In view of those acknowledgment criteria, it will establish that the product is equipped for guaranteeing and giving security prerequisites. Single Acceptance Criteria are that the product will not give access to data of higher representatives to the lower category staff.
In the final phase, based on everything that the client and vendor organisation have found, some terms of agreements will be created. After agreeing on genera terms, both the organisation’s management executives will sign the service level agreement.
Several control issues remain in the accounting software. These issues are as following.
The development and adoption of the software package is divided into five stages. The first two stages are for creating the base of the project. The next two phases are the main phases where the system is developed and at the last stage the organisation adopts the software.
The first stage is planning phase. Within this phase, the complete plan for the project is done. The project manger contacts with the stakeholder for collecting data regarding the project or an business analyst is hired for gathering the business requirements. Then those requirements are converted into the system functionalities. In order to do so, a system analysis is appointed in the project. The project manager creates the schedule of the project and estimates the cost of the project. The project sponsor and other stakeholders approve all these generated information and a report is submitted. This report holding the entire project planning related information will be provided to every stakeholder.
In the next phase, design phase, the project system analyst and other team members designs the various parts of the system. The application engineer and the system analyst works on designing the programming sections or units of the system. The database designer creates a blueprint of the database. The system analyst creates a framework of the software architecture. All the designs are then approved by the project manager and the development team then starts working.
In the development phase, the coders starts creating the parts of the application and the database developer initiates implementation of database. The coding section is complete, the application engineer connects the various units of the application together. Then the connection between the database and software is created. After all the thing is done, the developed application is sent for testing.
In the testing phase, the developed application is tested until it becomes error free. Then at the final stage, the system is deployed within the environment of the organisation.
Students burned through 46.7 for each penny of aggregate use, or $6.4 billion, on training, however they likewise burn through cash on different things like sustenance and settlement. Given the aggregate vast esteem included of $12.3 billion, this proposes each dollar spent on instruction by a universal student has the stream on impact of $1.91 in economy wide esteem included, construct in light of their consumption on different things. Global student consumption in Australia adds to work in the Australian economy. It is assessed to have created a little more than 122,000 FTE positions in the Australian economy in 2007-08, with 33,482 of these being in the training segment.
Add up to student related use produces an aggregate of 126,240 FTE positions. At the state level, NSW accumulates the biggest impart of significant worth added to $4.8 billion, trailed by Victoria at just underneath $4.0 billion. A current review by Tourism Research Australia proposes that for each two formal students, one companion or relative went by Australia amid the students’ stay in Australia. This class of explorer is assessed to contribute $314.7 million to the Australia economy in esteem included, involving work salary of $179.7 million and gross operating surplus or GOS of $135.0 million.
Illawarra Institute: This college is one of the best in the New South Wales. The competitive advantage of this college is its local population and popularity among them (Illawarra.tafensw.edu.au 2017).
Northern Sydney Institute: This college is another milestone in the names of the colleges. This college is one of the best in promotion among the international students (Tafensw.edu.au 2017).
Support to Decision Making: The system holds some issues in spreading the information among the employees. This results in lack of information availability to the administrators while taking a decision.
Security: The architecture of the software holds various gaps that allow it to be vulnerable to the cyber attacks. The system does not provide any kind of protection against the severe cyber attacks like DoS, DDoS, internal theft and many more.
Maintaining: The system is installed within the existing system of organization. If the maintenance team wants to resolve the issues of the accounting software, the accounting associated activities get completely stopped. This results in huge operational issues in terms of business of William Clarke College.
Conclusion:
From the above study it can concluded that the accounting software is a crucial part of the business of William Clarke College. In order to create a good organisational structure, an organisation has to make sure that information flow occurs in every direction. This information flow is very crucial for the performance of the accounting software. The software is capable of performing the back processes of the accounting associated business activities. William Clarke College has potential of ginning competitive advantage as of the current market size. However, in order to that, the college needs to be concentrate on promotion in national and international region.
Accounting & Business Management Software Australia | Sage AU. (2017). Sage.com. Retrieved 24 April 2017, from https://www.sage.com/au
Ahamed, S. F., Rao, G. S., & Ganesh, L. (2016). Fast Acquisition of GPS Signal Using FFT Decomposition. Procedia Computer Science, 87, 190-197.
Baker, H. K., & Filbeck, G. (Eds.). (2014). Investment risk management. Oxford University Press.
Choi, J. H., Choi, S., Hogan, C. E., & Lee, J. (2013). The effect of human resource investment in internal control on the disclosure of internal control weaknesses. Auditing: A Journal of Practice & Theory, 32(4), 169-199.
Friedman, B., Kahn Jr, P. H., Borning, A., & Huldtgren, A. (2013). Value sensitive design and information systems. In Early engagement and new technologies: Opening up the laboratory (pp. 55-95). Springer Netherlands.
Gogus, C. G., & Ozer, G. (2014). The Roles of Technology Acceptance Model Antecedents and Switching Cost on Accounting Software Use. Journal of Management Information and Decision Sciences, 17(1), 1.
Harmon, G. (2015). Australia as an higher education exporter. International Higher Education, (42).
Here, Y. (2017). Home Page – Westside Christian College. Westside Christian College. Retrieved 24 April 2017, from https://www.wchsonline.org
Holt, G. (2013). Contingency Planning for Riverina Institute’s Learning Management System.
Illawarra.tafensw.edu.au. (2017). TAFE Illawarra – TAFE Illawarra. [online] Available at: https://www.illawarra.tafensw.edu.au/ [Accessed 28 Apr. 2017].
Mazur, M. (2016). A Study on English Language Tutoring System Using Code-Switching Based Second Language Vocabulary Acquisition Method.
O’Connor, A. (2013). A conceptual framework for entrepreneurship education policy: Meeting government and economic purposes. Journal of Business Venturing, 28(4), 546-563.
Rahman, A. A., & Yazid, Z. (2015). Developing a framework of Islamic bank operational risk management:‘people risk’. Jurnal Pengurusan, 44, 1-18.
Selmene, N., Blayac, S., Muller, M., & Abib, G. (2016). Compact acquisition system for a flexible large area monoport tactile surface. In Microwave, Radar and Wireless Communications (MIKON), 2016 21st International Conference on (pp. 1-4). IEEE.
Sherman, G. G., Lilian, R. R., Barron, P., Candy, S., & Bhardwaj, S. (2014). Laboratory information system data demonstrate successful implementation of the prevention of mother-to-child transmission programme in South Africa: prevention of mother-to-child transmission-Progress towards the Millennium Development Goals. South African Medical Journal, 104(3), 235-238.
Soin, K., & Collier, P. (2013). Risk and risk management in management accounting and control.
Stair, R., & Reynolds, G. (2013). Principles of information systems. Cengage Learning.
Tafensw.edu.au. (2017). TAFE NSW – Be Ambitious, Choose Over 1,200 Courses. [online] Available at: https://www.tafensw.edu.au/ [Accessed 28 Apr. 2017].
Venigalla, M., Sonego, S., Gyengesi, E., & Munch, G. (2015). Curcumin and Apigenin-novel and promising therapeutics against chronic neuroinflammation in Alzheimer’s disease. Neural regeneration research, 10(8), 1181.
Wang, T., & Hsu, C. (2013). Board composition and operational risk events of financial institutions. Journal of Banking & Finance, 37(6), 2042-2051.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download