Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Y Not Flowers Project 2017 model. Make changes as necessary in le structures to implement efcient tables and eliminate duplication. 5. Prepare nancial reports using

image text in transcribed
image text in transcribed
Y Not Flowers Project 2017 model. Make changes as necessary in le structures to implement efcient tables and eliminate duplication. 5. Prepare nancial reports using your database. You will prepare queries as necessary to provide the following reports and management information. a. YNF income statement for the 15t quarter. b. YNF balance sheet as of the end of the 15t quarter. c. Income statements for each YNF stores for the 15t quarter. d. Other performance measures that you believe YNF should adopt. 6. Evaluate the nancial performance of YNF for the 15t quarter. Use your Access queries to also prepare formal nancial statements and compute appropriate ratios to evaluate performance against the industry and past performance. Also, compare results for the current quarter against historical performance and industry performance to the extent that you can nd comparable industry data. Clearly explain what those performance measures mean for YNF. 7. Assess the business case for use of information technology in the business (see chapters 13 and 14 in the text). In particular, YNF wants to move to a cloud-based accounting system, such as Netsuite, Xero, 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. 8. Assess YNF risks as it prepares to expand and implement new technology. Evaluate the extent to which YNF complies with C050 principles and recommend appropriate and cost-effective actions to bring YNF into compliance. 9. Recommend any other changes to YNF business processes to make it more effective and efcient. Report to YNF Submit all the deliverables in one report to YNF at the end of the project. Also, submit your prototype Access database with all the queries along with that report. Include a cover page and table of contents. Present your report in an executive summary style and not longer than 6 pages not counting the cover page, table of contents, any appendices or attachments. Include nancial statements, data model, BPMN activity diagrams, and other information necessary to support your analyses and conclusions in appendices or attachments. Make your report content clear to an accounting novice such as Tony. Present your ndings using tables, charts, and bullet points whenever possible. Avoid long paragraphs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Advanced Accounting

Authors: Joe Ben Hoyle

8th Edition

1260575926, 978-1260575927

More Books

Students also viewed these Accounting questions

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago