orrest runs Y Not Flowers Inc. (YNF), a wholes e flower distributor with stores in several major etropolitan areas of the U.S. He is considering expanding his business, but he thinks his current accounting and financial systems are restricting that expansion. He also worries that YNF is not dequately prepared to face ex cted business risks. He has come to you for assistance.

Instructions Your supervisor met with Forrest and discussed his requirements in detail. At that meeting, they agreed on the following deliverables for your project

1. Document process activity using BPMN. After gaining an understanding of YNF's business processes, you will document current processes using business process modeling notation (BPMN). This involves documenting at least five current business processes, These diagrams will serve multiple purposes. YNF expects to use them to train new employees. hey will provide information about potential improvements to those processes by the efficient use of information technology. Additionally, they will also highlight areas where YNF

is exposed to unnecessar is in his business. Prepare a prototype database for YNF. Forrest has agreed to provide financial data from his business for the 1st quarter of his fiscal year. That data will be in Excel format. You will move data into Access, structure it appropriately, and set relationships consistent w data model. Make changes as necessary in file structures to implement efficient tables and

eliminate duplication. 3. Prepare financial reports using your database. You will prepare queries as necessary to provide the following reports and management information. YNF income statement for the 1st quarter, 2. YNF balance sheet as of the end of the 1st quarter Other performance measures that you believe YNF should adopt.

Evaluate the financial performance of YNF for the 1st quarter. Use your Access queries to also prepare formal finan ements and compute appropriate ratios to evaluate performance against the industry and past performance. Clearly explain what those ratios mean for Mr. Z's business. 4: Assess the business case for use of information technology in the business. Y Not Flowers wants to move to a cloud-based accounting system, such as Netsuite or QuickBooks Online

Your assessment should identify the costs of the change in technology, while also specifying which business processes would change and how they would change in as much detail as possible. Recommend changes to YNF business processes to make it more effective and efficient. 5. F a risk and control of YNF's business processes and provide a summary of findings Include in your summary findings a table analyzing compliance with COSO principles and recommendations,

Project Resources You will need to make use of the following files as you work through the project Summary of Y Not Flowers interviews Excel spreadsheet of Y Not Flowers' current data