ACC 315 Milestone One Guidelines and Rubric

Overview: The final project for this course is the creation of a client recommendation that includes flowcharts, diagrams, tables, narrative, and an executive summary presentation. The final product represents an authentic demonstration of competency because you will analyze a real-world scenario with the goal of making recommendations for an accounting information system.

In this milestone, you will create a data-flow diagram, a system flowchart, an entity-relation diagram, and a brief paper describing the accounting environment

Prompt: For this project, you will assume the role of a consultant responsible for assessing a client’s business operations and making recommendations for an accounting information system. To complete this project, review the Final Project Scenario document.

Specifically, you must address the following critical elements:

I. Client Recommendation: Prepare a written recommendation for the automation of a client’s accounting system. Address the following elements in detail:

a) Describe the current accounting environment and the stakeholders of a business. b) Map one accounting cycle (sales, accounts receivable, accounts payable, inventory, or payroll) using a data-flow diagram and system flowchart. c) Use an REA diagram to identify the pertinent resources, events, and agents within the chosen accounting cycle.

Rubric

Guidelines for Submission: The completed milestone should be as a 4- to 5-page document (excluding title and reference pages). Use double-spacing and 12-point Times New Roman font. Use APA formatting to cite any sources you use.

Critical Elements Proficient (100%) Needs Improvement (70%) Not Evident (0%) Value

Accounting Environment and

Stakeholders

Accurately describes the accounting environment and the stakeholders of a business

Describes the accounting environment and the stakeholders of a business, but description contains inaccuracies or lacks detail

Doesn’t describe the accounting environment or the stakeholders of a business

30

Map Accounting Cycle Accurately maps one of the accounting cycles using a data-flow diagram and system flowchart

Maps one of the accounting cycles using a data-flow diagram and system flowchart, but the mapping lacks detail or contains inaccuracies

Doesn’t map one of the accounting cycles using a data-flow diagram and system flowchart

30

REA Diagram Uses an REA diagram to correctly identify the pertinent resources, agents, and entities within the chosen cycle

Uses an REA diagram to identify the pertinent elements within the selected cycle, but diagram contains inaccuracies

Doesn’t use an REA diagram to correctly identify the pertinent resources, agents, and entities within the chosen cycle

30

Critical Elements Proficient (100%) Needs Improvement (70%) Not Evident (0%) Value

Articulation of Response

Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

10

Total 100%