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FACULTY OF HIGHER EDUCATION
HA2042 ACCOUNTING INFORMATION SYSTEMS
TRIMESTER 1 / 2017
Group Assignment: Due Friday Week 9
3500 + words and extra for diagrams: WORTH 20%
The processes of selecting an AIS/ERP to make informed decision for
investment in an accounting software
Group Assignment Scenario
B Bakery is a family owned firm with around 70 employees and sales revenue increased to more than $ 13.5 million during the past year. It has been in business for over 50 years and supplies bread and confectionary products to a number of different businesses, including supermarkets and pub-chains. The firm has experienced mixed fortunes over the years in terms of business performance, but in the last few years has experienced a growth in orders for some of its new healthy product ranges. However, the Bakery has recently lost some key accounts as a result of being unable to produce some of its products at a competitive price.
Although the firm hired an accountant who was keeping their books for them and producing the financial statements each year, the firm thought they needed much more information to really run their business efficiently. They felt that they needed to make an investment in an accounting software to take their business to the next level.