7-1 Final Project
Describe the current accounting environment and the stakeholders of a business. [ACC-315-01]
Map one accounting cycle (sales, accounts receivable, accounts payable, inventory, or payroll) using a data-flow diagram and system flowchart.
[ACC-315-02]
Use an REA diagram to identify the pertinent resources, events, and agents within the chosen accounting cycle. [ACC-315-02]
Create a table that identifies weaknesses and potential threats to a business and potential internal controls to address the weaknesses and
threats found in the chosen cycle. [ACC-315-03]
For the chosen cycle, describe the data elements that need to be captured in the accounting information system (AIS), and organize that data
into relational database tables. Include the data type, structures, and whether the data element is a primary or foreign key. [ACC-315-05]
Executive Summary Presentation: Prepare a presentation as a visual accompaniment to the recommendation.
Explain your findings. Describe the business’s strengths and weaknesses and what the results indicate about the business’s ability to be
successful. [ACC-315-01]
Describe how and why an automated AIS would benefit the business. Explain the attributes and advantages of an automated AIS and the
specific ways an automated AIS would benefit the business. [ACC-315-01]
Recommend accounting application software that would help the business. Explain the features of accounting application software along with your rationale for the chosen software. [ACC-315-04]