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:
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. 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. 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. Evaluate how implementing best practices would have reduced the chances for failure. Provide support for your rationale. 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. 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.
Sample Solution
an end. As announced by Syrian president Bashar al-Assad, and endorsed Steffan de Mistyra, United Nations âSpecial Envoyâ to Syria, the conflict â which witnessed the inclusion not just of Assadâs forces and the ârebels,â but the Islamic State, U.S., Israel, and Russia, as well â may have been âwonâ by Assad, especially following âcritical military gains made by government forcesâ throughout 2017 (Al-Doumy, 2017, p. 1). In particular, as of September 2017, after the Syrian capital of Aleppo was captured by Assadâs government regime, ad only the âIdlib provinceâ was still under the control of the opposition, meaning that such control â and a final âvictoryâ for the Syrian state â may be close at hand (Al-Doumy, p. 1). Current âfacts on the ground,â though they are dour, represent a critical point of controversy among international aid agencies. In particular, the United Nations has reported that despite âreduced violenceâ in Syria throughout 2017, the warring parties in that nation have continued to perpetrate âunthinkable crimesâ against the Syrian civilian population, including â per the UN report â the Syrian governmentâs use of âchemical weaponsâ against civilians (UN, 2017, p. 1). A report by the United Nations Office of the High Commissioner for Refugees (2017), has mounted strident criticism against the Syrian state, particularly for its use of âsarin [gas]â as part of an aerial bombardment in northern Hama and southern Idlib, in April 2017, which led to the deaths of over eighty civilians (UNHCR, 2017, p. 1). This campaign ânotable for the brutal tactics employed by the Assad government â specifically targeted âmedical facilitiesâ in this ârebelâ-held area, leading to a âsevere weakeningâ in these areasâ ability to provide assistance to the victims, a point which the report stressed led to a âconsequent increaseâ in the number of civilian casualties this unconscionable government attack caused (UNHCR, p. 1).>
an end. As announced by Syrian president Bashar al-Assad, and endorsed Steffan de Mistyra, United Nations âSpecial Envoyâ to Syria, the conflict â which witnessed the inclusion not just of Assadâs forces and the ârebels,â but the Islamic State, U.S., Israel, and Russia, as well â may have been âwonâ by Assad, especially following âcritical military gains made by government forcesâ throughout 2017 (Al-Doumy, 2017, p. 1). In particular, as of September 2017, after the Syrian capital of Aleppo was captured by Assadâs government regime, ad only the âIdlib provinceâ was still under the control of the opposition, meaning that such control â and a final âvictoryâ for the Syrian state â may be close at hand (Al-Doumy, p. 1). Current âfacts on the ground,â though they are dour, represent a critical point of controversy among international aid agencies. In particular, the United Nations has reported that despite âreduced violenceâ in Syria throughout 2017, the warring parties in that nation have continued to perpetrate âunthinkable crimesâ against the Syrian civilian population, including â per the UN report â the Syrian governmentâs use of âchemical weaponsâ against civilians (UN, 2017, p. 1). A report by the United Nations Office of the High Commissioner for Refugees (2017), has mounted strident criticism against the Syrian state, particularly for its use of âsarin [gas]â as part of an aerial bombardment in northern Hama and southern Idlib, in April 2017, which led to the deaths of over eighty civilians (UNHCR, 2017, p. 1). This campaign ânotable for the brutal tactics employed by the Assad government â specifically targeted âmedical facilitiesâ in this ârebelâ-held area, leading to a âsevere weakeningâ in these areasâ ability to provide assistance to the victims, a point which the report stressed led to a âconsequent increaseâ in the number of civilian casualties this unconscionable government attack caused (UNHCR, p. 1).>
