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Accounting Software Packages: A Comprehensive Analysis of Market Trends and Challenges

   

Added on  2024-05-29

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Assignment 1 (Literature review)
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Accounting Software Packages: A Comprehensive Analysis of Market Trends and Challenges_1

Contents
Introduction................................................................................................................................3
Part 1..........................................................................................................................................4
1. The Current organisation structure..................................................................................4
2. The operational problem faces by the organization due to this operational structure....5
3. System acquisition method of AGL energy limited........................................................6
4. System flowchart for sale procedure of the AGL energy limited...................................7
5. Control problems in the system and sorts of fraud in AGL private limited....................9
Part 2........................................................................................................................................11
1. Development and adoption of the accounting software packages.............................11
2. The current market size.................................................................................................12
3. Identify the leaders in the market and what gives them the competitive advantage.....13
4. Identify the current gaps or challenges encountered by users or customers of
accounting software/packages and make relevant suggestions or recommendations..........14
Conclusion................................................................................................................................16
Recommendations....................................................................................................................17
Reference..................................................................................................................................18
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Accounting Software Packages: A Comprehensive Analysis of Market Trends and Challenges_2

Introduction:
This assignment depicts about usefulness and issues in the organisation structuring and
information systems in an organisation. In context of Australian ASX listed company,
organisation structure of AGL energy and the operational issues faced due to this are also
analysed. Further, there is analysis about information systems software which are
implemented and executed in the company. There is also analysis about sales system of AGL
energy limited and the possible control issues are also discussed. Lastly, there is thorough
analysis of current market size of accounting software’s and software requirements across
Australia.
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Accounting Software Packages: A Comprehensive Analysis of Market Trends and Challenges_3

Part 1:
1. The Current organisation structure:
AGL energy limited is ASX listed company based in Australia. The company deals with the
generation and retailing of electricity and gas across Australia. The company produces
electricity from coal steam gas, wind power, hydroelectricity, thermal power, and natural gas.
It was founded in 1837 at Sydney, New South Wales and supply gas to street lamp in Sydney
in 1847. Several projects are going on for fulfilling the demand of energy of Australia. The
company headquarter is situated at north Sydney, New South Wales, Australia. The company
deals in electricity and natural gas distribution, electricity generation and retailing. The
revenue of the company is noted 12,584 million Australian dollars in year 2017 (AGL energy
limited, 2018).
Organization structure of AGL energy limited
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Accounting Software Packages: A Comprehensive Analysis of Market Trends and Challenges_4

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