ACC 564 Week 10 Assignment 4-Changing the Accounting Information System

Due Week 10 and worth 320 points

Migrating to a new accounting information system is not an easy task. Many firms have struggled with this process, even though our textbook makes the process seem quite straightforward. Recently, IBM recapped some of the lessons learned in migrating to a new accounting information system within the federal government. These lessons can be applied to any accounting information system project. Others have developed their own recommendations for best practices and lessons learned involving implementing accounting information systems. However, in order to appreciate what IBM and others are proposing, we need to apply lessons learned to a real-life situation involving the failure to implement an accounting system properly.

For this assignment, research the Internet or Strayer databases for information related to a real-life accounting information system failure and best practices, as well as lessons learned from implementing the accounting system. In addition to information that you may find during your research, please use the following IBM article to complete the assignment: (http://www.businessofgovernment.org/article/what-we-know-now-lessons-learned-implementing-federal-financial-systems-projects).

Write a ten to twelve (10-12) page paper in which you:

1. Identify      three to five (3-5) factors that contributed to the accounting information      system failure within the business that you have identified. Indicate the      impact to the business. Provide support for your rationale.
2. Assess      senior management responsibility for the failure in question. Specify what      the senior management could have done differently to avoid the failure.      Provide support for your rationale.
3. Evaluate      whether the most significant failure occurred within the system design,      implementation, or operational phase of the process. Indicate what the      company could have done to avoid the failed outcome. Provide support for      your rationale.
4. Evaluate      how implementing best practices would have reduced the chances for      failure. Provide support for your rationale.
5. Based      on your research, develop a list of between four (4) and six (6) best      practices that organizations should use today to reduce the chances for      failure. Provide support for your rationale.
6. Using      the information provided by IBM and others, indicate which of the      principles designed to provide insight into effective and efficient      strategies on how to best deploy financial management systems, which were      outlined within the related article, should serve as an example of      what not to do when establishing the foundation for a      firm to follow. Your proposed foundation should consist of at least two      (2) principles, but no more than six (6). Provide support for your      rationale.
7. Use      at least three (3) quality resources in this assignment. Note: Wikipedia      and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length    ��sRM�L