Description
Migrating to a new accounting information system is not an easy task- Many firms
have struggled with this process, even though ou 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 orderto
appreciate what IBM and others are proposing, we need to apply lessons learned to a
real-life situation involving the failue to implement an accounting system properly-
Research the Internet or Strayer databases for information related
to a real-life accounting information system failue and best practices, as well as
lessons learned from implementing the accounting system- In addition to information
that you may find duing you research, please use the following IBM article to
complete the assignment: (httpzllwww-bwinessofgovmmnt-ug/Michhat-we-
know-now-lessons-learned-implernenting-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
failue within the business that you have identified- Indicate the impact to the
business- Provide support for you rationale-
Assess senior management responsibility for the failue in question- Specify what the
senior management could have done differently to avoid the failue- Provide support
for you rationale-
Evaluate whether the most significant failue occured 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 you rationale-
Evaluate how implementing best practices would have reduced the chances for
failue- Provide support for you rationale-
Based on you research, develop a list of between fou (4) and six (6) best practices that organizations should use today to reduce the chances for failue- Provide support
for you 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 aticle,
should serve as an example of what not to do when establishing the foundation for a
firm to follow- You proposed foundation should consist of at least two (2) principles,
but no more than six (6)- Provide support for you rationale-
Use at least three (3) quality resouces in this assignment- Note: Wikipedia and similar
