Explain how a well-designed accounting information system

Question

AIS in Assessing and addressing the Perfect Storm in the higher education sector

The university system is under severe stress on four fronts. Student-staff ratios are blowing out, export income is evaporating, access to research grants is at demoralisation levels and universities are struggling to replace an ageing academic workforce.

"The higher education sector is facing a perfect storm," director of the University of Melbourne's Centre for the Study of Higher Education Richard James says.

Required:

Read the above article, identify three more media or academic journal articles that explained similar phenomena, and then write a report addressing the following requirements:

1. Prepare a list of the factors that are assumed to have contributed to the perfect storm in the higher education sector in Australia.

2. As a student studying accounting information systems (AIS), identify and explain the salient factors affecting the business processes (transaction cycles) of a university during the perfect storm.

3. Explain how a well-designed Accounting Information System can help university management in taking strategic decisions reducing the impact of the perfect storm.

Presentation:

Use the report format to address the above requirements. Marks will also be provided for an executive summary, a conclusion, grammar and references.

Word limit: 2,000 words (approximately).

 

Answer 1

Read the article illustrated in the assignment, recognize three more media or academic journal articles which described identical phenomena, and then prepare a report addressing the given requirements: 1) Create a list of the factors which are supposed to have contributed to the perfect storm in the higher education sector in the Australia. 2) As a student studying AIS (accounting information systems), recognize and describe the salient factors influencing the business processes (that is, transaction cycles) of a university throughout the perfect storm. 3) Describe how a well-designed Accounting Information System can assist university management in taking strategic decisions decreasing the impact of the perfect storm. Presentation: Make use of the report format to address the above requirements providing an executive summary, a conclusion and references. The presentation must be in approximately 2000 words.