Accounting 222 - i need ANY help with my project (i know its a group project but even a little guidance is appreciated), thank you!!
INTRODUCTION A-Float Pool Services provides professional pool services in the metro area that include routine cleaning and maintenance, swimming pool installation and repair, filling, and opening and closing services. It recently learned that its customer database was hacked, and the intruders were able to get the names, addresses, and credit card information for all its, 2000 clients. This was a shock to the organization, and the owner, John Thomas, has asked the business management team to brief the company on some cybersecurity basics, and to analyze how acquiring cybersecurity insurance would affect their costs for the pool services division. The owner recently received a quote of $8,500 per year (higher than average due to risk factors in the business). REQUIREMENTS As part of your presentation: a. Present the scenario. b. Provide a brief overview of cybersecurity issues facing (small) businesses. c. Explain the impact of this security breach on A-Float Pool Services. d. Describe the steps that A-Float will take now that the breach is known. e. Explain how Cyber Insurance could benefit A-Float in the future. f. Present a cost-profit-volume analysis that shows the effect of adding the $8,500 annual premium to the company's fixed costs by showing current and revised CVP Income Statements. Include a column to the right of each income statement where each line item is expressed as a percentage of sales (called a common size income statement). g. Visualize the changes to net income in a chart. h. Advise the company using your quantitative support and qualitative. reasoning as to whether the company should purchase the insurance. a) Role-play as if each team member is a member of the "real-world" team that is required to address an issue. b) Introduce the team and what aspects of the scenario each member will present. c) Offer a concise summary of the issue in your own words. d) Include images, illustrations, tables and/or chart/graphs as appropriate. e) Perform calculations in Excel and insert formatted work into presentation. f) Provide a summary and a clear recommendation to address the issue. g) Use APA inline citations and create a reference page. h) By Sunday, December 3, 11:59PM, one member of each team should post the team video to the Discussion Area of the Blackboard classroom. i) By Friday, December 8, 11:59PM, ALL members of the class are required to watch all the videos posted and ask questions of at least 2 teams j) Teams must respond to class questions in the discussion area by Sunday, December 10, 2023, 11:59PM. a) Role-play as if each team member is a member of the "real-world" team that is required to address an issue. b) Introduce the team and what aspects of the scenario each member will present. c) Offer a concise summary of the issue in your own words. d) Include images, illustrations, tables and/or chart/graphs as appropriate. e) Perform calculations in Excel and insert formatted work into presentation. f) Provide a summary and a clear recommendation to address the issue. g) Use APA inline citations and create a reference page. h) By Sunday, December 3, 11:59PM, one member of each team should post the team video to the Discussion Area of the Blackboard classroom. i) By Friday, December 8, 11:59PM, ALL members of the class are required to watch all the videos posted and ask questions of at least 2 teams j) Teams must respond to class questions in the discussion area by Sunday, December 10, 2023, 11:59PM
