Follow-up and maintenance of the accounting systems


Attempt all the questions.

Section-A

Question1) Write brief notes on Integrated Accounting Software

Question2) Write brief notes on the following: -

a) Follow-up and Maintenance of the accounting systems

b) Outsourcing of accounting process

Question3) List and describe different elements AIS technology comprises of?

Question4) Explain the phases of system development life cycle? What is the difference between analysis and design?

Section-B

Case Study

You have been assigned responsibility of systems developer for PBC Company. The company manufactures electronic components on the special order basis. Most of the company’s business relates to defence contracting. The typical job might be valued at $500,000 and take six months to complete.

Your initial investigation of the system reveals that company has no system at all for monitoring the progress of a job. This is very important, since cost overruns, if undetected in the early stages of the project, should result in very large losses to the company. To make things worse, the company has no formal procedure for evaluating the profitability of project after it is complete.

Required:

Question5) Produce a systems development plan to monitor and control costs for the PBC Company. Your plan must include a list of documents to be created at the analysis, design, and implementation stages.

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Accounting Basics: Follow-up and maintenance of the accounting systems
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