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1 | P a g e HI5019 SIS INDIVIDUAL ASSIGNMENT T1 2018 HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Assignment 1 (Literature Review) Individual Assignment HI5019 STRATEGIC INFORMATION SYSTEMS T1 2018...

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1 | P a g e
HI5019 SIS INDIVIDUAL ASSIGNMENT T1 2018
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION


Assignment 1 (Literature Review)
Individual Assignment
HI5019 STRATEGIC INFORMATION SYSTEMS T1 2018
WEEK 6 Friday 5 pm
Each student will write a literature review of NOT more than 2500 words. The review should
demonstrate that the student has thoroughly researched their topic. Students should use
examples of business practice from the scholarly journals papers, conferences, books and
professional magazines to support their arguments
The literature review would be on an organisation (company) that is using accounting
software packages in Australia. The research would cover:
PART 1
1. The cu
ent organizational structure
2. What operational problems (e.g., inefficiency, e
ors) do you think the organisation
could experience because of this structure?
3. What is the most likely system acquisition method— commercial software, custom
software, or ERP?
4. Describes and prepare a system flowchart of the sales procedures for the chosen
organisation (company)
5. Identify any control problems in the system and what sorts of fraud are possible in
this system?
PART 2
1. Development and adoption of the accounting software packages,
2. The cu
ent market size,
3. Identify the leaders in the market and what gives them the competitive advantage,
4. Identify the cu
ent gaps or challenges encountered by users or customers of
accounting software/packages and make relevant suggestions or recommendations.
2 | P a g e
HI5019 SIS INDIVIDUAL ASSIGNMENT T1 2018
Submission Requirements:
Research reports are to be presented in size 12 Times New Roman or 10 Cali
i Font and
double spaced. The research should include a list of at least 5 references used in the
esearch report and a bibliography of the wider reading done to familiarize oneself with the
topic.
Submission:
 Soft copy to self-check and Final Submission with cover sheet
You are reminded to read the “Plagiarism” section of the course description. Your research
should be a synthesis of ideas from a variety of sources expressed in your own words. All
eports must use the Harvard referencing style. Marking ru
ics are attached.
Assessment Criteria:

Score Very Good XXXXXXXXXXGood XXXXXXXXXXSatisfactory XXXXXXXXXXUnsatisfactory (5-7)
Presentation
and writing style


15 marks
Information is well organized.
Co
ect layout including times
new roman, font size 12 or
cali
i, font size10, double
spaced. About the right
length.

Very well written, excellent
paraphrasing and proper
grammar and punctuation are
used throughout.
Information is
organized, Co
ect
layout including
times new roman,
font size 12 or
cali
i, font size10,
double spaced.
About the right
length.

Well written, some
paraphrasing and
proper grammar and
punctuation
Information is
somewhat
organized, Some
elements of layout
or length inco
ect.

Proper grammar
and punctuation
mostly used, but
overuse of direct
quotes.

Information is poorly
organized, Some
elements of layout
or length inco
ect.

Proper grammar and
punctuation not
always used.
Excessive overuse of
direct quotes

Score Very Good XXXXXXXXXXGood XXXXXXXXXXSatisfactory XXXXXXXXXXUnsatisfactory (5-7)
Introduction


15 marks

Introduces the topic of the
esearch report in an
extremely engaging manner
which arouses the reader's
interest.

Gives a detailed general
ackground and indicates the
overall "plan".

Introduces the topic
of the research
eport in an
engaging manner
which arouses the
eader's interest.

Gives some general
ackground and
indicates the overall
"plan" of the report.
Satisfactorily
introduces the
topic of the
esearch report.

Gives a general
ackground.

Indicates the
overall "plan" of
the report.
Introduces the topic
of the research
eport, but omits a
general background
of the topic and/or

the overall "plan" of
the report.
Score Very Good XXXXXXXXXXGood XXXXXXXXXXSatisfactory XXXXXXXXXXUnsatisfactory (6-9)
Evidence of
Research

20 marks
Substantial range of
appropriate and cu
ent,
supportive evidence

Good range of
appropriate and
cu
ent, supportive
evidence.

Suitable range of
supportive
evidence used. Not
always appropriate
and/or cu
ent.
Minimum cited.

Insufficient range or
number of
supportive evidence
used.

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HI5019 SIS INDIVIDUAL ASSIGNMENT T1 2018
Score Very Good XXXXXXXXXXGood XXXXXXXXXXSatisfactory XXXXXXXXXXUnsatisfactory (9-14)
Development of
Discussion



30 marks
Logical, insightful, original
discussion with well-
connected paragraphs.
Evidence of full engagement
with the literature found, with
elevant and detailed analysis.
Detailed, original
discussion develops
logically with some
connection between
adjoining
paragraphs.
Understanding of
eading shown.
Some relevant
analysis.
Adequate
discussion develops
logically.

Understanding of
eading shown.
Few relevant
analysis.
Inadequate
discussion of issues
and/or lacking in
logical flow

Little/no
demonstrated
understanding of
eading.

None/little
discussion or
analysis.
Score Very Good XXXXXXXXXXGood (7-8) Satisfactory (5-6) Unsatisfactory (3-4)
Conclusion


10 marks
An interesting, well written
summary of the main points.
An excellent final comment on
the subject, based on the
information provided.

A good summary of
the main points.

A good final
comment on the
subject, based on
the information
provided.
Satisfactory
summary of the
main points.
A final comment on
the subject, but
introduced new
material.
Poo
no summary of
the main points.
A poor final
comment on the
subject and/or new
material introduced.
Score Very Good XXXXXXXXXXGood (7-8) Satisfactory (5-6) Unsatisfactory (3-4)
Referencing


10 marks
Co
ect referencing (Harvard)
All quoted material in quotes
and acknowledged.

All paraphrased material
acknowledged.

Co
ectly set out reference list
and bibliography included.

Mostly co
ect
eferencing
(Harvard)

All quoted material
in quotes and
acknowledged. All
paraphrased
material
acknowledged.

Mostly co
ect
setting out reference
list and bibliography
included.
Mostly co
ect
eferencing
(Harvard) Some
problems with
quoted material
and paraphrased
material

Some problems
with the reference
list or bibliography.
Not all material
co
ectly
acknowledged.

Some problems with
the reference list or
ibliography.

Total

100 marks
Final marks

20
General
Comments:
Answered Same Day May 10, 2020 HI5019

Solution

Vineet Kumar answered on May 12 2020
135 Votes
Information System 1
Strategic Information System
Contents
Introduction    3
Part 1    4
Structure of Organization    4
Operational Problems related to Existing Organizational Structure    6
Method for System Acquisition    7
System Flowchart of Sales Procedure    8
Control on Problems and Frauds    9
Part 2    10
Accounting Software Packages and its Development and Adoption    10
Size of Market    11
Leaders in Market and their Competitive Advantages    11
Cu
ent Gaps and Challenges    12
Conclusion    13
References    15
Introduction
Within an organization, the use of accounting software package facilitates the related department to conduct the accounting processes, records and monitor the transactions. Such package also helps finance department for functioning some financial modules such as payroll, trial balance, accounts receivable, general ledger and accounts payable (Al
echt, et al 2010). Hence, accounting software package allows the organizations to make quick and effective financial decisions.
Therefore, this research report describes benefits of an accounting software package for managing the accounting related information systems to ensure the performance of the business as per the internal and external environment of the organization. To accomplish this research report, Commonwealth Bank is chosen as an organization because of its leading position in the Australian public banking sector. It is providing financial services to more than 4.6 million customers. It has more than 7,500
okers to run its mortgage services (Commonwealth Bank of Australia 2017). This organization is selected due to its involvement in various financial business activities that cannot be completed without effective accounting practices.
In this context, the first part of this research report defines the structure of the organization as well as the problems that are faced by management. The second part of this research report discusses the accounting software packages which are used by selected case organization as well as its advantages to case organization in the term of accounting management. In conclusion, this research report presents some operational and applicable recommendations which will help the company to fill up the gap in existing performance of the organization through the use of accounting software packages.

Part 1
Structure of Organization
Structure of a business organization basically focuses towards the way of communication that will be used by each section to conduct the business practices in an effectual manner. It replaces the possibilities of confusion and conflicts between the workforce of the company and other internal and external workforce. This statement is also backed by Cummings & Worley (2009). According to authors, organizational structure describes the responsibilities, roles, accountability as well as the level of involvement of each employee in the decision-making process of the company. Hence, it serves to manage the communication between operational staff, management and external stakeholders. In the similar context, the selected case organization has also used a structure to run its business practices in a more effective and cooperative manner. Following presented figure is exploring the existing organizational structure of the case organization:
Figure 1: Organizational Structure
(Source: Commonwealth Bank 2017)
As per the above figure, it is clear that the case organization has divided the entire management on the basis of their functions. Due to this, it can be stated that the existing organizational structure of the case organization is divisional and functional structure. It means each department has own accounting requirement. Such organizational structure facilitates the organization to focus on wealth management improvement (Cummings & Worley 2009). With the help of above organizational structure, case organization effectively addresses the consumer need. Due to this, reason, case organization effectively focuses on requirements of individual customers as well as the larger institutional customers.
Operational Problems related to Existing Organizational Structure
The analysis of organizational structure defines that the divisional structure is used by case organization to promote and sell each financial product/service to target customers only. For example, the division of wealth management helps the bank to work for the improvement in the wealth (Pascoe, 2014).
But there are some issues that are mainly faced by the organization during the implementation of business activities in the market. For example, case organization has seen many financial scandals in its different
anches. Management of the bank was not aware of such scandals (Pascoe 2014). Such scandals were happened because of the misfit of the divisional structure with the business functions of the case organization. Due to this, the bank faced adverse impacts on its performance in the banking industry in Australia.
The research study of King (1999) also raised the issues rather to the organizational structure, if it is not matched with the business operations of the company. It means the misfit of organizational structure does not allow the bank to align existing business strategy with the structure for improving the business performance or reduce gaps in performance.
In the similar sense, a research study of Cummings & Worley (2014) explores a fact that organizational divisional structure facilitates the decision makers of the organization to use management for developing coordination with employees. This is because of its decentralization nature which gives authorities to managers to make business decisions as per the need of their business divisions. Such business structure does not need the involvement of top decision makers. But such structure also increases the communication gap between organization’s board members and managers. This statement is also supported by the research study of Daft, Murphy & Willmott (2010) because this study explores the drawbacks of divisional structure in the term of decision making and communication gap.
Method for System Acquisition
As per the nature of the business, the effective management of financial information and its time-based...
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