GROUP ASSIGNMENT TRIMESTER 3, 2022

Student Id Number Student Name

SUBJECT NAME: Accounting Information Systems

SUBJECT CODE: MAC002A

DUE DATE: Sunday Week 11

INSTRUCTIONS FOR STUDENTS:

• Clearly write your name, your group member’s names and id when you submit your report.
• Only one submission per group is needed.
• There is a word limit of 2500 words including references. •
• Submit your Turnitin report along with your submission
• This assignment is worth 25% (15% + 10% presentation)

Aim:

The purpose of this group assignment is to make familiar students with the key business processes within
organisations, the role and operation of information systems in supporting these business processes and
data analytics using various tools.

Learning Objectives:

Part A focuses on:

 Describe the role of information systems in today’s competitive business environment with
particular focus on accounting information systems.
 To help better understand how technology can facilitate:
o effective and efficient management of an organisation;
o Business processes within an organisation in a digital economy.
 Examine the part played by various information systems in the decision-making process at the
different levels of an organisation.
 Systems Documentation (draw diagrams and flowcharts of a system based on narration);
 Internal Controls Assessment (assess based on narration, identify on a flowchart and explain
using templates provided);
 Use of software visualisation tools to develop executive dashboards and

Part B

 Computer fraud, abuses techniques and cybersecurity (assess and make recommendations).

MAC002A Group Assignment

Students will be assessed on the quality, completeness, accuracy, correctness, relevance and viability
of your proposed solutions relative to the business case. Students will also be assessed on written
communication and presentation.

Requirements:

You should form groups of three (3) to four (4) students and attempt both the Parts. Part A is due on
Sunday Week 11 and presentation of Part B would be in class on Week 11. You are required to submit
report on Part A only.

Part A

1: Case Study 01: (20 marks)

Prescott Dolls sells porcelain dolls exclusively at antique shows. Prescott Dolls purchases
inventory from individuals at garage sales, flea markets, antique malls, and estate sales. Each time
the owner, Dahlia Prescott, makes a purchase, she records the person's name, address, date,
specific items purchased and price paid, and total amount spent. Later at home, Dahlia cleans,
researches, and prices the inventory for sale to customers. She assigns an inventory number to
each item and records the ‘asking’ price. Dahlia buys price tags and display supplies from a
company that sells at flea markets and antique shows. All inventory and supplies purchases are
immediately paid for using cash or with company checks from a bank account in Prescott Dolls’
name. Cash received from customer sales are also deposited in this account. Three times a year,
Dahlia rents a booth at antique shows. A deposit is always required, with the balance due at the
start of the show. Dahlia records the deposit and final payment, along with the show organizer's
name and address, in the same worksheet on which she records purchases of inventory and
supplies.

Required:

Create a context diagram and a REA diagram for Prescott Dolls, related to purchasing inventory and
supplies, renting booths, and paying for all items

2: Data analysis and visualisation using Power Bi: (40 marks)

This task requires you to create a customised report with the following three pages:
a) Overview page showing sales and pretax profit by year;
b) Total assets by year
c) Income tax expense and Tax paid in cash by year

Please use the data file embedded in the assignment.

Power bi data.xlsx

MAC002A Group Assignment

 When you've completed the task the outcome will look like close to the following but not
necessarily the same. It is just for your guidance to evaluate whether you are doing it correctly or
not. Also since it is all local sales with no overseas sales so your sales by country visulisations
will look different.

For part (b) and (c) in the below image instead of sales and target by month, prepare visulisations for
Total assets and income tax vs cash tax paid by year.

Please use Microsoft Power Bi guide to understand various steps in visulisations

Pow er-bi-dashboar PowerBI_Dashboar

d guide.pdf ds_TrainingManual.pdf

MAC002A Group Assignment

 Part B

Computer frauds and cyberattacks (10 marks)

Australian telecoms giant Optus came under more fire from the government recently for a massive
cyber breach, an account called 'optusdata' in an online forum, believed by cybersecurity experts
to be that of the hackers, had threatened to publish the data of 10,000 Optus customers per day
unless they received $1 million in cryptocurrency.

Discuss this cyberattack in the light of following headings:

1. How this attack has been perpetrated, who was/were behind the attack and what were
their motives.
2. What could be the possible consequences of this data breach on consumers?
3. How to prevent these types of attacks in future.
4. What actions should government and law enforcement agencies should take to prevent
these types of attack in future.

Make a power point presentation on Part B to be presented in class by each member of

group on Week 11.

END OF ASSIGNMENT

MAC002A Group Assignment

 Fail Pass Credit Distinction High Distinction
Assessment Criteria (Unacceptable) (Functional) (Proficient) (Advanced) (Exceptional)
0-49% 50-64% 65-74% 75 -84% 85-100%
Knowledge and Limited understanding of Knowledge or Thorough knowledge or Highly developed A sophisticated
understanding required concepts and understanding of the field understanding of the understanding of the field or understanding of the field or
(technical and knowledge. or discipline. field or discipline/s. discipline/s. discipline/s.
theoretical knowledge) Key components of the Resembles a recall or Supports personal Discriminates between Systematically and critically
assignment are not summary of key ideas. opinion and information assertion of personal opinion discriminates between
addressed. substantiated by and information
Often confuses assertion of assertion of personal opinion
evidence from the substantiated by robust
personal opinion with and information
research/course evidence from the
information substantiated substantiated by robust
materials. research/course materials
by evidence from the evidence from the
research/course materials. Demonstrates a and extended reading. research/course materials
capacity to explain and Well demonstrated capacity and extended reading.
20 % apply relevant concepts. to explain and apply relevant Mastery of concepts and
0 – 5.5 Marks concepts. application to new
6 – 7.5 Marks 8 – 8.5 Marks 9 – 9.5 Marks situations/further
learning.
10 -12 Marks
Evaluation of Limited understanding of Resembles a recall or Supports personal Discriminates between Systematically and critically
information selected to key concepts required to summary of key ideas. opinion and information assertion of personal opinion discriminates between
support the case study support the case study. Often conflates/confuses substantiated by and information assertion of personal opinion
Confuses logic and assertion of personal evidence from the substantiated by robust and information
emotion. Information opinion with information research/course evidence from the substantiated by robust
taken from reliable substantiated by evidence materials. research/course materials evidence from the
sources but without a from the research/course Demonstrates a and extended reading. research/course materials
coherent analysis or materials. capacity to explain and Well demonstrated capacity and extended reading.
synthesis. apply relevant concepts. to explain and apply relevant Information is taken from
Analysis and evaluation do
concepts. sources with a high level of
Viewpoints of experts are not reflect expert Questions viewpoints of
interpretation/evaluation to
taken as fact with little judgement, intellectual experts. Viewpoint of experts are
develop a comprehensive
questioning. independence, rigor and subject to questioning.
critical analysis or synthesis.
adaptability. Analysis and evaluation
Identifies gaps in knowledge.
reflect growing judgement,
intellectual independence,
rigor and adaptability. Exhibits intellectual
60% independence, rigor, good
0 – 17.5 Marks 18 - 23 Marks judgement and adaptability.

MAC002A Group Assignment

 Fail Pass Credit Distinction High Distinction
Assessment Criteria (Unacceptable) (Functional) (Proficient) (Advanced) (Exceptional)
0-49% 50-64% 65-74% 75 -84% 85-100%
23.5 - 26.5 Marks 27- 30.5 Marks 31- 36 Marks

Effective Difficult to understand, no Information, arguments Information, arguments Information, arguments and Expertly presented; the
Communication logical/clear structure, and evidence are and evidence are well evidence are very well communication is logical,
poor flow of ideas, presented in a way that is presented, mostly clear presented; the persuasive, and well
argument lacks not always clear and flow of ideas and communication is logical, supported by evidence,
10 % supporting evidence. logical. arguments. clear and well supported by demonstrating a clear flow of
Line of reasoning is often Line of reasoning is often Line of reasoning is evidence. ideas and arguments
difficult to follow. difficult to follow. easy to follow.

0 – 2.95 Marks 3.5 – 4.45 Marks 4.5 - 5 Marks 5.5- 6 Marks

3 – 3.45 Marks
Correct citation of key Demonstrates Demonstrates use of Demonstrates use of Demonstrates use of good Demonstrates use of high-
resources and inconsistent use of good credible and relevant high quality, credible quality, credible and relevant quality, credible and relevant
evidence quality, credible and resources to support and and relevant resources resources to support and resources to support and
relevant resources to develop ideas, but these to support and develop develop arguments and develop arguments and
support and develop are not always explicit or ideas. statements. Shows evidence position statements. Shows
ideas. well developed. of wide scope within the evidence of wide scope within
10 % organisation for sourcing and without the organisation
evidence for sourcing evidence
0 – 2.95 Marks 3 – 3.45 Marks 3.5 – 4.45 Marks 4.5 - 5 Marks 5.5- 6 Marks

MAC002A Group Assignment