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Accounting Information System: Marias Aquarium case scenario

   

Added on  2023-06-07

8 Pages1869 Words185 Views
Running head: ACCOUNTING INFORMATION SYSTEM
Accounting Information System: Marias Aquarium case scenario
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1ACCOUNTING INFORMATION SYSTEM
Overview
This project depicts the importance of using the concept of Information and
communication Technology for managing any business. It is expected that business related
issues and the operation and functional issues that may simultaneously interrupt the success of
the business can be completely mitigated with the help of ICT project management concept. In
order to operate the business successfully, Maria Piscatore decided to developed a fish aquarium
and due people started buying fish from her fishing hatchery. From the hatchery they started
selling fish to the Central coast of New South Wales only however after her retirement her son
Raymond is willing to expand their business throughout.
It can be said, that with the help of the Information and communication Technology
(ICT) the business processing will become much efficient. However, in order to successfully
expand the business it becomes mandatory for the project manager to enable the business plan
and process successfully. Basically for expanding the business the project manager should make
sure that all the information are stored in a secure manner without any kind of interruptions. It is
expected that Information Technology can support the business successfully. Raymond wills to
treat the hatchery just as a normal wholesaling distributor. The business use manual stock
management approach that include many issues and those issues can be completely resolved with
the help of ICT project management approach.
Project scope
The scope of the project is to make sure that the service is repeatedly using by the buyers
or the consumers. The stock ordering and the replenishment approach used by the hatchery is

2ACCOUNTING INFORMATION SYSTEM
very weak and required to be improved sooner. Thus, the stock control system needs immediate
improvement. Combined stock ordering approach from both the head office and individual store
needs further improvement therefore it requires further improvement from the business
perspectives. It may happen that all stocks are not available in all the stores but the consumers
need it immediately therefore, they have to inform regarding the stocks to the consumers
immediate after the request will be processed. The required item should be transferred to another
store where the request has been processed by the consumer.
This information must be transmitted with the help of the application of the Information
System (IS). The price of the selling products can also be updated quickly. While transferring
data the company associates should make sure that none of the information are being leaked or
accessed by any of the unwanted users. With the successful accomplishment of the process an
invoice or feedback should also be generated by the system. The company also wishes to process
payroll processing. The consumers will be able to buy their wish listed fish from the online
services also. The existing payroll management system operated by the company is weaker and
needs further improvement. In order to avoid process level issues the company is willing to
design a system is such a way so that the daily time given by the workers to the company can be
effectively recorded by the company owners. Based on the services served by the workers they
will be paid directly from the bank through their accounting departments.
The price offered by the hatchery should make sure that the prices of the fishes are all
fixed according to the fixed price book. Besides these, the main thing on which the company
should focus on is the technology. The technology should support all the operational and
functional activities actively. The other abilities operated by the company include scalability,
reliability, flexibility, functionality etc. It is expected that if all these factors are properly

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