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
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 whatnotto do when establishing the foundation for a firm to follow.Yourproposed foundation should consist of at least
two (2) principles, but no more than six (6). Provide support for your
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.
The specific course learning
outcomes associated with this assignment are:
Analyze the business activities
that comprise an accounting information system to determine the information
needs to support decision-making function.
Examine the phases of the
systems development life cycle and key issues related to systems analysis.
Analyze the systems design,
implementation, and operational process.
Use technology and information
resources to research issues in accounting information systems.
Write clearly and concisely
about accounting information systems using proper writing mechanics.