Accounting Software Packages in Australia Report

Literature review 1
LR Accounting Software Packages in Australia

Literature review 2
Table of Contents
Introduction................................................................................................................................3
Part 1..........................................................................................................................................4
Organization Structure of H&R Block Company......................................................................4
Operational problems in the organization structure...................................................................5
Most expected system acquisition method.................................................................................6
A system flowchart of the sales procedures of H&R Block Company......................................7
Control problems and fraud in the system.................................................................................7
Part 2..........................................................................................................................................9
Development and adoption of the accounting software packages.............................................9
Existing market size.................................................................................................................10
Challenges faced by users and appropriate recommendations.................................................12
Conclusion................................................................................................................................14
References................................................................................................................................15

Literature review 3
Introduction
The main objective of this report is to get knowledge and understanding of the application of
accounting software packages in the companies situated in Australia. In this report, literature
review will be done on the H&R Block Company which is using Xero accounting software
package in Australia. With the help of this report organization structure, operational
challenges, flow chart of the sales processes, problem in the control process and possible
fraud in the system of H&R Block will be determined. This report is helpful in determining
the competitive advantages and challenges faced by the users of accounting software. At the
end of this report, appropriate recommendations will also be explained to make efficient use
of software.

Literature review 4
Part 1
Organization Structure of H&R Block Company
H&R Block is an American multinational company headquartered in Kansas City, Missouri,
United States having more than 25 million customers in whole world. Main products and
services offered by company are tax preparation, business consulting services, banking and
payroll services having branches in Australia, Canada, India and North America. The
company was founded by Richard Bloch and Henry W. Bloch in 1955 and presently having
more than 14,000 retail tax offices all over the world. The main softwares used by company
are Xero accounting software and TaxCut as its own consumer tax software and electronic
tax preparation. The organization structure of H&R Block is as follows: