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ACC 564 Assignment 3

by | Nov 30, 2023 | questions

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: (

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
  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
  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 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
  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.
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