Anderson Manufacturing (XBRL-enabled Software) – assignmentcollections.com

Business Finance Assignment Collections – assignmentcollections.com

XBRL is used in reporting on the Internet, and it has implications for financial reporting. Complete the requirements for Chapter 2, Case Analysis 2-31 (Anderson Manufacturing – XBRL-enabled software), on p. 64 of the textbook Simkin, M. G. (2015). Core Concepts of Accounting Information Systems, 13th Edition.

The Anderson Manufacturing Company (AMC) is located in Las Vegas, Nevada, and manufactures specialty parts for high-end sports cars. The company currently has an accounting information system, but over time, has found that it would like its system to do more. For example, the finance department finds an increasing need for reporting financial data about the company in alternate report formats that the current system cannot perform. Rather than revise its existing accounting system piecewise, the company’s managers have begun to think about acquiring a new one. But which one? There are many packages available with various degrees of capability. To help it make a decision, AMC hires Kuechler Associates, a consulting firm that specializes in software acquisitions and implementation. One of KA’s areas of expertise is implementing ERPs. One of its suggestions is that AMC consider selecting XBRL-enabled software to help it with its financial reporting needs.

Requirements

1. What does it mean when software is “XBRL-enabled?”

2. Identify at least five advantages that KA might discuss with the company regarding an XBRLenabled software solution. Identify any disadvantages that might also be relevant for AMC.

3. Assume that you are KA’s research assistant. Draft a memo to AMC that explains how XBRL works. Remember to keep in mind your audience. This should be an executive-level piece of correspondence.

4. As the research assistant, develop a PowerPoint presentation for AMC explaining exactly what benefits it could realize with an XBRL-enabled software solution. Be creative, and use diagrams and examples where appropriate.

– assignmentcollections.com

#write essay #research paper #blog writing #article writing #academic writer #reflective paper #essay pro #types of essays #write my essay #reflective essay #paper writer #essay writing service #essay writer free #essay helper #write my paper #assignment writer #write my essay for me #write an essay for me #uk essay #thesis writer #dissertation writing services #writing a research paper #academic essay #dissertation help #easy essay #do my essay #paper writing service #buy essay #essay writing help #essay service #dissertation writing #online essay writer #write my paper for me #types of essay writing #essay writing website #write my essay for free #reflective report #type my essay #thesis writing services #write paper for me #research paper writing service #essay paper #professional essay writers #write my essay online #essay help online #write my research paper #dissertation writing help #websites that write papers for you for free #write my essay for me cheap #pay someone to write my paper #pay someone to write my research paper #Essaywriting #Academicwriting #Assignmenthelp #Nursingassignment #Nursinghomework #Psychologyassignment #Physicsassignment #Philosophyassignment #Religionassignment #History #Writing #writingtips #Students #universityassignment #onlinewriting #savvyessaywriters #onlineprowriters #assignmentcollection #excelsiorwriters #writinghub #study #exclusivewritings #myassignmentgeek #expertwriters #art #transcription #grammer #college #highschool #StudentsHelpingStudents #studentshirt #StudentShoe #StudentShoes #studentshoponline #studentshopping #studentshouse #StudentShoutout #studentshowcase2017 #StudentsHub #studentsieuczy #StudentsIn #studentsinberlin #studentsinbusiness #StudentsInDubai #studentsininternational