Please use additional sources/references in MLA style. Make sure to implement Peachtree Accounting.
Please see attachment Paper Requirements.
Every company needs a plan for implementing and maintaining its Accounting Information System. Its top management must make important considerations over what financial information is necessary to help the company succeed. For this Assignment, pretend that you are a consultant and provide advice to a company on what considerations should be made in regards to its Accounting Information System.
Incorporate answers to the following questions in an essay format. That is, create an assignment that incorporates the answers to each of the questions, but do NOT just list the questions and provide answers. Include an introduction and conclusion, support for your opinions, and citations for any information you include that is not your own idea.
Your assignment is to obtain the financial statements of a company that you select and based on your understanding of the company’s operations, consider how the concepts relating to the accounting information system may be relevant to the business. The company must be United States merchandising or manufacturing businesses whose statements are prepared in accordance with US generally accepted accounting principles. Financial institutions, insurance companies, and companies with their financial statements in another currency are not acceptable. You can contact the company directly to obtain a copy of the most recent annual reports or you can request annual reports free of charge on the Internet. (Use a search engine to find those sites. For example, www.sec.gov or http://www.annualreportservice.com/ can be utilized and an annual report is commonly referred to as Form 10-K). You must print and submit only the Financial Statements and any portion of the Footnotes that you considered for this assignment.
The company approved by the professor is Google.
Here is the link the Financial Statements for fiscal year ended December 31, 2012:
IMPORTANT NOTE: You do NOT need to know which accounting information system the company actually utilizes. Your Assignment is to consider how the concepts covered in the course may be potentially applicable to the company’s Accounting Information System. Your assignment should be written from the point of view as an external consultant to the company.
Describe the company that you have selected and the role oft he Accounting Information System (no more than 1 page).
Describe what transaction processing concepts maybe relevant to the Company’s operations.
What Internal Controls, Management Concepts, or Information System Concepts should the company consider for its Accounting Information System?
What are some Flowcharts or Data Flow Diagrams that the company may utilize? Describe one example.
If the Company utilized Peachtree Accounting Software, what information fields may be relevant for the Sales/Collection Process?
If the Company utilized Peachtree Accounting Software, what information fields may be relevant for the Acquisition/Payment Process?
If the Company utilized Peachtree Accounting Software, what aspects of Financial Reporting may be relevant and useful for the Company?
The submitted assignment should be a minimum of eight pages (23 lines each page when using the format noted above) and be submitted to the instructor in a hard copy and to Turnitin.com prior to class on the day noted on the Course Schedule.
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