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ASSESSMENT BRIEF
Subject Code and Title ACCT6001 Accounting Information Systems
Assessment Assessment 3: Case Study – Excel-Based
Individual/Group Individual
Length
Learning Outcomes
d) Apply technical knowledge and skills in creating
information for the workplace using spreadsheets
and relational databases
e) Communicate with IT professionals, stakeholders and user
groups of information systems
Submission By 11:55pm AEST/AEDT Sunday end of week
9/Module 5.1
Weighting 25%
Total Marks 100 marks
Context:
The spreadsheet is a powerful tool that has become entrenched in business processes
worldwide. A working knowledge of Excel is a crucial skill for accountants.
This assessment aims to assess the student’s ability to create spreadsheets. Students will be
using raw data and summarising them in a user friendly format to aid decision making.
Submission Requirement:
Students need to submit their Excel Workbook which includes the analysis and
ecommendation sheet. The file should be provided in the following format:
Student ID_ Student Name_ ACCT6001 Assessment 3.xlxs
Example: 0009989t_Adam_Smith_ACCT6001 Assessment 3.xlxs
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Background
Your case study has been inspired by the Grand Prix Formula 1 race event held annually in
March in Melbourne as the first race of each F1 season. It is a three day event and thousands
of local and international tourists attend the event each year.
Victorian Government funds the event. You will conduct an analysis of hypothetical
udgeted and actual data to prove your Excel skills. You will work on The 2020 Race Event
udget and analyse weekly ticket sales for the 2020 Australian Grand Prix Event during the
period from 5th till 11th of August 2019.
Detailed instructions:
Create an Excel Workbook with 6 Worksheets (tabs):
Individual Registration
Total Sales per Ticket Type
Total Sales per Ticket Type per Country
The Race Event Budget
Budget Summary Report
Analysis and Recommendations
1. Individual Registration Worksheet
The Individual Registration Worksheet contains information received from customers
when booking a ticket for the Australian Grand Prix event online.
Create a table similar to the one below using hypothetical details of 30 customers.
Include following columns: Purchase Date ( use dates between XXXXXXXXXX), First
Name, Surname, Street Address (including city and state if applicable), Country, Date of
Birth, Mobile Number, Ticket Type, Amount paid.
Please use customers from 8 – 10 countries only.
You can find pricing information per ticket type on the official Australian Grand Prix
webpage under the following link. https:
www.grandprix.com.au/tickets/search
Ticket types will vary based on the number of days the ticket is purchased for (3
days Pass, Friday, Saturday, Sunday, Saturday and Sunday) and additionally location
(Paddock Club, The Lounge, Race Cube etc).
Example of the ticket type: Paddock Club Lounge 3- DAY PASS
XXXXXXXXXXChicane Pavilion Lower SUNDAY
https:
www.grandprix.com.au/tickets/search
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You do not have to use all ticket types. Use between 6-8 ticket types only. Assume
only those tickets have been sold during the week you will be analysing.
Below is a simplified example similar to the table you need to create. Please note, the
columns in the example are slightly different from what is required. Make sure you follow
the instructions above.
2. Total Sales per Ticket Type Worksheet
The purpose of the next worksheet is to summarise the total amount paid per ticket type
using relevant Excel formulas.
Create a table showing a summary of the total amount paid per ticket type.
Your column headings should be: Ticket Type, Total Amount Paid
Use appropriate IF formulas to summarise values per each ticket type (6-8 in total) linking
the values directly to the data from the Individual Registration Worksheet you have
created.
3. Total Sales per Ticket Type per Country Worksheet
The purpose of the next worksheet is to summarise the customer registration data using
the Pivot Table and Charts Tools.
Pivot tables are one of the Excel's most powerful features. A pivot table allows you to
summarise a large set of data in an easy and user friendly way. It is especially important in
nowadays business world where we are dealing with large data sets and smart extracts are
often needed to aid decision making within a business.
You are expected to create a Pivot Table summarising the weekly sales
per each ticket type and the country of sale during the period from 5th till 11th of August
2019.
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Below is an example of a pivot table summarising promotional product sales per country.
Your pivot table will be summarising sales per ticket type per country.
Charts are a great Excel tool helping to present data graphically. Once you create the pivot
table, use Charts Excel tool to present the same data graphically. Use the chart type you
consider the most appropriate. Make it presentable using appropriate title and formatting.
Below is an example from the sample above.
4. The Race Event Budget Worksheet
You have been provided with the Income/Funding and Expenses Tables extracts
from the 2019 Race Event Budget.
You are expected to create the 2020 Race Event Budget using exactly same
categories in your tables and information below.
Income Funding:
- Use the actual quantity achieved per each description item and increase it by 10%
for your 2020 budget. The only exemption will be Registrations with estimated
quantity of 100 for the 2020 race event.
- Assume 3% increase in unit cost per each category.
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
Promotional Product Sales per Country
XXXXXXXXXX
CALENDARS PHOTOS STICKERS
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Expenses:
- The actual quantity was 5% higher than estimated values and the increase should be
eflected in the 2020 budget.
- Assume 3% price increase in each expense category.
5. Budget Summary Report Worksheet
The Budget Summary Report Worksheet should contain your 2020 budget
summary as per example below (please ignore the graph).
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Budget Summary Column
• Create the labels Total Expenses, Total Income and Balance with design
similar to above.
• Total Expenses value is to be linked to the 2020 Expenses table.
• Total Income value is to be linked to the total budgeted Income amount
from the 2020 Income/Funding table.
• Balance is to be calculated as a difference between Total Income and
Total Expenses
Summary of Expenses and Income
• Create the labels for each category of expenses as per above example.
• Use the appropriate IF function to get the sum of all items that belong to
each category. For example, in case of the total expenses for the Other
category, find all categories equal to Other under the category column and
add their amount from the amount column of the Expenses table.
• In the 2019 Expenses table above, the Jerseys and T-shirts belong to the
Other category. Therefore, the total under the Other category is a sum of
expenses related to Jerseys and T-shirts of $39,000.
6. Analysis and Recommendations Worksheet
The Analysis and Recommendations Worksheet’s purpose is to summarise your findings.
Provide commentary on the sales per ticket type and location over the analysed period. You
can use summary table and graphical presentation of data to help your analysis. Based on
the analysed sales from the week XXXXXXXXXX, provide three recommendations in terms
of the proposed marketing campaign for the following week.
Provide a summary of the 2020 budget you have created and formulate one
ecommendation refe
ing to the information provided in the 2019 Budget.
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Learning Ru
ics
Assessment
Attributes
Fail
(Unacceptable)
0-49%
Pass
(Functional)
50-64%
Credit
(Proficient)
65-74%
Distinction
(Advanced)
75 -84%
High Distinction
(Exceptional)
85-100%
Formulae, formatting
and cell references
40 %
Formulae, formatting
and cell reference are
mostly inco
ect and
incomplete.
Inco
ect calculations
and major mistakes in
formulas are present.
XXXXXXXXXX0 - 19
More than 50% of the
formulae, formatting and cell
eferences are co
ect.
Several mistakes are present
in calculations and formulas
that have been used.
20-25
Majority of the formulae,
formatting and cell
eferences are co
ect.
There are minor
discrepancies or mistakes in
calculations and formulas
used.
XXXXXXXXXX26 - 29
Almost all formulae,
formatting and cell references
are co
ect.
All calculations are co
ect and
appropriate formulas have
een used.
30-33
All formulae, formatting and
cell references are co
ect.
All calculations are co
ect and
appropriate formulas have
een used.
34-40
Tables, graphical
presentation of data