Task back to top Business Plus Advisors (BPA) are a well established accounting firm located in

Task

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Business Plus Advisors (BPA) are a well established accounting firm located in Melbourne, Victoria. The Managing Partner, Brady, has read a number of professional articles talking about cloud accounting and its impact on accounting firms and their clients. At present, all of the firm’s clients use more traditional accounting systems where their accounting software is located on computers within their offices. When it is time for Business Plus Advisors to review the accounting files and prepare financial advice and / or tax returns, their clients backup their accounting data and email the file to the firm.

Brady would like you to undertake some research into Cloud Accounting and its impact. He is very limited in time and has asked you to prepare a PowerPoint presentation to the executive committee covering the following:

  1. What is Cloud Accounting? (1 mark)
  2. What are the benefits and limitations of using cloud accounting when compared to their traditional accounting systems from the perspective of:
    • Business Plus Advisors? (3 marks)
    • the clients of Business Plus Advisors? (3 marks)
  3. Should Business Plus Advisors encourage their clients to transition to a cloud accounting system when compared to their current system? Justify your recommendation, which should be consistent with the benefits and limitations you have identified above. (1 mark)

Your slides need to be supported by a 1-2 page summary of the key points you would discuss if you were presenting your slides to the executive committee.

2 marks will also be allocated for:

  • the quality of your PowerPoint slides, including appropriate format, spelling and grammar;
  • your 1-2 page summary of key points which would be discussed if you were presenting your slides; and
  • APA Referencing – Additional slide(s) attached to your presentation acknowledging all sources used to develop your presentation.

There are details below regarding presentation requirements for your presentation.

Rationale

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This assessment task will assess the following learning outcome/s:

  • be able to understand and apply foundation principles relating to computerised information systems in contemporary organisations.

Marking criteria and standards

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Criteria HD DI CR PS
Identify and discuss a key component of an accounting system Your presentation provides a clear and concise definition; discusses key relevant organisational benefits and limitations; provides a well justified recommendation, which is consistent with benefits and limitations identified. Your presentation provides a concise definition; discusses relevant organisational benefits and limitations; provides a justified recommendation, which is consistent with benefits and limitations identified. Your presentation provides a clear definition; discusses relevant organisation benefits and limitations; provides a clear recommendation, which is consistent with benefits and limitations identified. Your presentation provides a basic definition; discusses organisation benefits and limitations; provides a clear recommendation, with clear linkages with benefits and limitations identified.
Uses effective communication and presentation skills to present the requested content to your client Your summary documents the key points relevant to your presentation, demonstrates coherent, well-formed sentences and uses language that is appropriate to the audience.Presentation includes no more than ten (10) slides of relevant content, presented in a clear, concise and professional manner.

Your summary is accurately referenced using APA referencing

Your summary documents a majority of the key points relevant to your presentation, demonstrates clear, well-formed sentences and uses language that is appropriate to the audience.

Presentation includes no more than ten (10) slides of relevant content, presented in a clear and concise manner.

Your summary is accurately referenced using APA referencing.

Your summary documents a majority of the key points relevant to your presentation, demonstrates grammatically correct sentences appropriate to the audience.

Presentation includes no more than ten (10) slides of relevant content, presented in a concise manner.

Your summary is referenced using APA referencing with only a few minor errors.

Your summary documents some of the key points relevant to your presentation, included in the notes section of the slides demonstrates grammatically correct sentences appropriate to the audience. Minor errors may be present. Presentation includes no more than ten (10) slides of relevant content.

Your summary is referenced using APA referencing, with minor errors

Presentation

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You need to prepare a PowerPoint presentation to the executive committee. Your presentation should;

  • be a maximum of 10 slides (any detail on additional slides will not be marked);
  • include a 1-2 page summary, submitted as a separate word document, covering the key points you would discuss if you were presenting your slides to the executive committee;
  • cover each of the questions posed; and
  • be presented professionally. This includes both the presentation of the slides and your 1-2 page summary.

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