Information System Development Methods: 1092908

 Introduction

Information Systems Development Methodologies (ISDM) can be defined as the type of framework which is required while developing an application for a business organization. The successful completion of a software development projects depends a lot on the selection of the system development methodology (Pearlson, Saunders and Galletta 2019). The non-technical requirements of the project such as the allocation of resources as well as the technical requirements such as the selection of the exact programming language in the back end of the application which is going to be created falls under the contribution of system development methods.

This report shall be having diverse categories of segments and each segment will be very much useful to understand to effectiveness of the exact ISDM which can be aligned with a software development project. The detailed description of the case study shall be presented in the subsequent section of this report, along with that context of the new system shall also be discussed in this paper. This report shall identify some of the real life challenges related with the development of a business software in a software development business. The frameworks which can evaluate a software development procedure shall be discussed in this report along with the limitations and advantages of three diverse categories of ISDM. Limitations of the frameworks along with the recommendations shall be there in the concluding sections of this report.

2. Description of the case study

The prime intention of this case study is to identify the exact ISDM method required regarding the incorporation of a business software which can be address the challenges of a software development corporation. This case study shall identify the limitations as well as the benefits of three diverse categories of ISDMs.

2.1 Context of the new system 

There are diverse categories of challenges which are related with most of the software development corporations all around the world. The introduction of a new business software can be very much beneficial for that business organization to grow in the competitive market. The diverse categories of costs which are related with the software development corporations and each of them can be managed in the first place with the help of a business software (Fountas et al. 2015). The enhanced efficiency of the staffs is the other major contribution of a new business software. The introduction of a new business software can also be enhanced in the first place with the help of an advanced business software (Abbasi, Sarker and Chiang, 2016). There are diverse categories of business operations which are practised in a business environment such as the selection of resources, selection of the disruptive technologies, identification of the risks, identification of the contingency plans, manufacturing programs and services. Each of these business operations can be enhanced in the first place if a business software is incorporated in a software development corporation.

2.2 Real life problems 

There are diverse categories of real life challenges which are faced in a software development corporation like the management of the uncertainties of the business, management of the innovative business practices, managing the digital disruptions, managing the challenges coming from the introduction of new concept or ideas and managing the information overloads from the perspective of an employee.

2.3 Benefits of the proposed system

The proposed system will be very much useful to address some of the real world problems which are faced in a software development environment. The benefits of the introduction of an IS in this business are improved communication between the in house and the distant stakeholders, management of the differences in approaches due to cultural boundaries, management and categorization of the business data, creation of new job opportunities for the computer science graduates, enhancement of the productivity of the resources working in this business and reduction of the different types of overhead costs related with this business.

On the other hand, as elaborated by Liu et al. (2017), there are few disadvantages related with the introduction of a IS in a software development business like the unemployment and lack of job security. There are diverse categories of security issues which are related with the use of IS in a business environment as well such as the threat coming from ransomware and botnet attack (Boumans et al. 2015). The cost of incorporating a new IS also a huge challenge for most of the business organizations all around the world.  

3. Selection of frameworks to evaluate the developing methods

There are diverse categories of frameworks which can be very much useful to evaluate the developing method of a new IT system or a software in a business environment.

Architectural principles

Figure 1: Architectural principles

(Source:  Ghobadi and Mathiassen 2016)

Based on this framework, it can be said that the key usability of the IT system can be understood. The exact software development approach required regarding the development of the new system can also be identified in the first place using this framework. New performance criteria can be selected with the help of this framework as well. The security of all the data which can be encrypted with the help of this framework as well. The exact database required to store the different types of business data can be identified in the first place with the help of this framework (Dimitrov 2017). This framework can be very much beneficial to manage the different versions of the IT system. Analysis and monitoring the activities related with the new software can also be done in an organized manner with the help of this framework as well. Most of the automated services of the software can also be managed in the first place with the help of this framework. The machine learning ability of the new software can also be understood in the first place with the help of this software. Apart from this framework a set of criteria can be set to identify or evaluate a new software in a business environment such as the followings:

Competitive platforms: The availability of the other similar software or IT system in the market can be identified to understand the competitiveness of the new software. There are diverse categories of research firms such as Gartner and Forrester which are very much useful to identify the comparative matrices regarding the introduction of a new software.   

Licensing and cost: The management of the budget regarding the development of a software is one of the most significant assessment criteria regarding the development of a new IT system or a new software which can be very much beneficial for the business. The diverse categories of licensing available to the software can also be identified with the help of this criteria.

Professional support: There are diverse categories of professional support which are required to maintain a software and it have a direct impact on the development of a software which are used in a business environment (De Leoni, van der Aalst and Dees 2016). The professional support of the new software or IT system has to be aligned with the business requirements or the capabilities of the resources which are an integral part of the business.

Quality Evaluation Framework

Figure 2: Quality Evaluation Framework

(Source:  Dennis, Wixom and Tegarden 2015)

Selection of the developing methods is one of the most significant contribution of this framework. This framework is very much useful to identify the quality factors which are relevant to the business processes and identify the metrics which are required to develop the software. The exact developing method for the new software can be selected on the basis of this framework, as this framework is very much beneficial to understand the exact business prospects of the software, selection of the model designs, evaluation of the continuous improvement procedures and manage the most probable challenge which will be coming in the way to develop this software (Paré et al. 2015). The type of inspection required in each phase of this software development project can also be identified in the first place with the help of this framework.  There are different categories selection criteria which are directly related with this software such as the performance of the new IT system or the software, efficiency of the software whether it can the business to grow, reliability of the software, recoverability of the software, and permissibility of the software.

Performance of the software: There are diverse categories of quality factors which are considered considering this assessment criteria such as the throughput of the software, cycle time of the software, timeline of the software, and cost of the development of the maintenance of the software.

Efficiency of the software: The efficiency of the resource is very much important regarding the selection of any software development approaches. Evaluation of the exact development methods depends huge only the efficiency of the resources who will be playing an active role to develop the desired software (Wamba et al. 2017). The utilization of each resource in an appropriate manner is one of the contribution of this assessment criteria.

Reliability of the software: The different laws of probability plays a huge role with this assessment criteria as it can be very much useful to manage the different types of crisis such as the managing the non-functional and the functional requirements of the software.  Activation of failure frequency is the other significant aspect regarding the selection of an appropriate software delivery method  

Recoverability of the software: The time to failure is one of the most significant assessment criteria for the selection of the exact software development method. There are diverse of software qualifiers which can be very much useful to understand which software development approach will be more feasible.

Permissibility of the software: The approval coming from the stakeholders regarding the choice of selecting of the appropriate software development method (Endsley 2017). The authority of the entire software development procedure must be aligning with the features which will be included in the new software.

3.1 Limitations of the frameworks 

There are few limitations which are related with the Architectural principles such as the followings:

  • New designs cannot be added to the UI of the software once the software were used in this business.
  • The solution architects do not get the desired guidance from this frame work.
  • The creation of any new software is not aligned with this framework, however this framework is very much beneficial for maintenance projects.
  • The skill level of the architects must always be on the higher side.   

3.2 Justification of the selected framework

Among the two selected frameworks, the incorporation of an IS can be done in an organized manner using the Quality Evaluation Framework. The reason behind the selection of this framework can be understood in the first place with the help of the following diagram.

Figure 3: Benefits of the framework

(Source: Mikalef and Pateli 2017)

Based on the above diagram is can be said that the quality of the software will be maintained. The exact functionality and performance required from the software or the IT system can also be understood in the first place using this framework. Information quality can also be maintained in the first place with the help of this framework. Responsiveness can also be maintained in the first place with the help of this framework.

4. Comparative analysis of three ISDM

The comparative analysis of three diverse categories of ISDM can be understood from the following table.

Points of comparison Structured Object oriented Dynamic
Released in the year 1980Mid 90s1994
Used in This system delivery method can be used in any type of ICT projects. This method was first introduced in a UK government. Any type of software engineering projects or any type of IT projects. Mostly software development projects or any kinds of IT projects.
Advantages The cost this delivery method is much lower than the other two methods. Designing as well as analysing a product can be done in the first place with the help of this development method. Can be used for non IT projects as well. Cost management and time management are the other contribution of this agile project delivery method.
Limitations Detailed documentation is required to work with this ISDM and if this ISDM is used in a software development project then quality issues can occur.Maintainability and complexity are the most significant drawback related with this ISDM. Professional IT experts must be recruited to work with this ISDM. Involvement of the users is always required in this ISDM. Full commitment of the stakeholders is required in each phase of a project if this ISDM is used.
Principles The different stages of this delivery method are feasibility study, investigation of the current environment, business system option, recommendations specifications, technical system, logical design and physical design. Effective communication between the stakeholders, and incremental development. Focussing on the business needs, product development iteratively, continuous communication, and demonstration of control.
Techniques The different techniques are entity event modelling, data flow modelling and logical modelling.  Entity relationship diagrams is one of the most significant technique which are used in this process Time boxing, MoSCoW, configuration management and modelling.
Critical success factors The most significant CSFs is having a stronger relationship with each of the stakeholders. Stronger relationship between each of the stakeholders of the business. Acceptance, commitment of the management, strong relationship among the business stakeholders.

Table 1: Comparative analysis

(Source: Created by author)

4.2 Comparison with the newly created framework 

Considering the above comparative table, it can be said that the dynamic system development method is very much feasible to be considered in this project. The detailed description of this development framework can be understood from the following illustration in a detailed manner.

Figure 3: DSDM

(Source: Wang and Kim 2017)

The dynamic system delivery can be very much useful regarding the introduction of a new IT system or a new software in a commercial organization. Most of the software development projects are created with the help of concepts such as SDLC and agile waterfall. The features of the Quality Evaluation Framework can be very much aligned with the dynamic system delivery method (Kan, Tan and Mathew 2015). New ideas, and new feasibility reports related with the challenges of IT system and software can be identified if this framework is used in this project. Considering the feature of this framework and the specifications of dynamic system delivery method, it can be said that this project might have few challenges in terms of aligning the software with the business requirements, selection of the specifications of the software, lack of expertise of the resources who will be actively involved in this project and the cloud computing challenges (Romero and Vernadat 2016). The collaboration of the Quality Evaluation Framework and dynamic system development method can be very much useful to deal with each of the most probable challenges related with the introduction of a new software in a business.

5. Recommendation regarding the selection of most suitable method

It is recommended that agile project management is very much recommended regarding the creation of a new business software. Hence, it can be recommended that dynamic ISDM can be very much beneficial as compared with the other methodologies (Xiong et al. 2015). It is an iterative and incremental approach and the concept of this methodology is aligned directly with RAD.

5.1 Choosing best ISD method 

The complexities of the development of a new business software can be resolved in the first place if dynamic ISDM is selected. The changes required in this project can also be supported if dynamic ISDM is selected. The entire project life cycle can be managed in the first place with the help of this ISDM technique. This methodology is also very much useful to build iteration for the software.

5.2 Justification behind choosing appropriate ISD method

According to Yuan et al. (2018), dynamic ISDM is very much deployed in most of the IT projects throughout the world. The paper highlighted that the critical aspects of the software development such as analysing the problems, gathering of the requirements, and testing the software can be managed in the first place if dynamic ISDM is deployed. The process, project, people and product can be managed in an organized manner with the help of this ISDM as well (Psaraftis, Wen and Kontovas 2016). The paper highlighted that the quality of the software can also be maintained in the first place with the help of this dynamic ISDM.

5.3 Critical analysis

As elaborated by El Kadiri et al. (2016), dynamic ISDM is very much costly in nature as compared with the other ISDMs. The investigator of this paper highlighted that cost management plan is very much recommended to address the different types of costs related with the selection of an ISDM. The paper highlighted about the other limitations of this ISDM as well like the involvement of the progressive development of the requirements, decreased code robustness, managing the commitment of the stakeholders who are involved in the project, involvement and the users of the software, identification of the skills which are required in the project (Warner, Smith and Letsky 2017). Thus, this data source was very much useful to understand the limitations of this ISDM. Thus, it can be said that each of these limitations has to be considered before using this ISDM.

5.4 Arguments 

As mentioned by Bērziša et al. (2015), maintainability and complexity of the object oriented ISDM can have an adverse effect on the creation of a new business software. The paper was very much useful to understand that specialized digital services from IT experts are required to work with this ISDM. On the other hand, as elaborated by Kharchenko, Kondratenko and Kacprzyk (2017), there are few quality issues in most of the software development projects which considers the structured ISDM. The paper is very much useful to identify that detailed documentation is required for this ISDM (Leandro and Martins 2016). Thus, it can be understood that the development of a new business software can follow the dynamic ISDM.

6. Conclusion 

ISDM is very much required regarding the development of a business software in a software development environment. Considering the diverse categories of challenges which are faced in software development it can be said that the selection of the ISDM is very much significant. The operations of a business can be enhanced in the first place with the help of a business software. Thus, it can be said that the real life problems faced by the designers and developers can be solved if an appropriate ISDM is chosen. There are advantages like improved communication and limitations like unemployment due to the introduction of a new business software. The software development methods can be evaluate using frameworks like architectural principles and quality evaluation framework, and among these two frameworks the quality evaluation framework is more feasible to work in software development projects. Comparing the advantages and limitations of three diverse categories of ISDMs it can be concluded that the dynamic ISDM is the most preferable delivery method regarding the creation of a new business software as it can manage most of the critical aspects of a software development project.

7. References

Abbasi, A., Sarker, S. and Chiang, R.H., 2016. Big data research in information systems: Toward an inclusive research agenda. Journal of the Association for Information Systems, 17(2), p.I.

Bērziša, S., Bravos, G., Gonzalez, T.C., Czubayko, U., España, S., Grabis, J., Henkel, M., Jokste, L., Kampars, J., Koç, H. and Kuhr, J.C., 2015. Capability driven development: an approach to designing digital enterprises. Business & Information Systems Engineering, 57(1), pp.15-25.

Boumans, R., Roman, J., Altman, I. and Kaufman, L., 2015. The Multiscale Integrated Model of Ecosystem Services (MIMES): Simulating the interactions of coupled human and natural systems. Ecosystem services, 12, pp.30-41.

De Leoni, M., van der Aalst, W.M. and Dees, M., 2016. A general process mining framework for correlating, predicting and clustering dynamic behavior based on event logs. Information Systems, 56, pp.235-257.

Dennis, A., Wixom, B.H. and Tegarden, D., 2015. Systems analysis and design: An object-oriented approach with UML. John wiley & sons.

Dimitrov, V., 2017. Methodology for Testing of a Drive System with Remote Monitoring and Control. Information Technologies and Control, 15(3), pp.12-15.

El Kadiri, S., Grabot, B., Thoben, K.D., Hribernik, K., Emmanouilidis, C., Von Cieminski, G. and Kiritsis, D., 2016. Current trends on ICT technologies for enterprise information systems. Computers in Industry, 79, pp.14-33.

Endsley, M.R., 2017. Toward a theory of situation awareness in dynamic systems. In Situational Awareness (pp. 9-42). Routledge.

Fountas, S., Carli, G., Sørensen, C.G., Tsiropoulos, Z., Cavalaris, C., Vatsanidou, A., Liakos, B., Canavari, M., Wiebensohn, J. and Tisserye, B., 2015. Farm management information systems: Current situation and future perspectives. Computers and Electronics in Agriculture, 115, pp.40-50.

Ghobadi, S. and Mathiassen, L., 2016. Perceived barriers to effective knowledge sharing in agile software teams. Information Systems Journal, 26(2), pp.95-125.

Kan, M.S., Tan, A.C. and Mathew, J., 2015. A review on prognostic techniques for non-stationary and non-linear rotating systems. Mechanical Systems and Signal Processing, 62, pp.1-20.

Kharchenko, V., Kondratenko, Y. and Kacprzyk, J. eds., 2017. Green IT engineering: concepts, models, complex systems architectures. Springer International Publishing.

Leandro, J. and Martins, R., 2016. A methodology for linking 2D overland flow models with the sewer network model SWMM 5.1 based on dynamic link libraries. Water Science and Technology, 73(12), pp.3017-3026.

Liu, Y., Peng, Y., Wang, B., Yao, S. and Liu, Z., 2017. Review on cyber-physical systems. IEEE/CAA Journal of Automatica Sinica, 4(1), pp.27-40.

Mikalef, P. and Pateli, A., 2017. Information technology-enabled dynamic capabilities and their indirect effect on competitive performance: Findings from PLS-SEM and fsQCA. Journal of Business Research, 70, pp.1-16.

Paré, G., Trudel, M.C., Jaana, M. and Kitsiou, S., 2015. Synthesizing information systems knowledge: A typology of literature reviews. Information & Management, 52(2), pp.183-199.

Pearlson, K.E., Saunders, C.S. and Galletta, D.F., 2019. Managing and using information systems: A strategic approach. John Wiley & Sons.

Psaraftis, H.N., Wen, M. and Kontovas, C.A., 2016. Dynamic vehicle routing problems: Three decades and counting. Networks, 67(1), pp.3-31.

Romero, D. and Vernadat, F., 2016. Enterprise information systems state of the art: Past, present and future trends. Computers in Industry, 79, pp.3-13.

Wamba, S.F., Gunasekaran, A., Akter, S., Ren, S.J.F., Dubey, R. and Childe, S.J., 2017. Big data analytics and firm performance: Effects of dynamic capabilities. Journal of Business Research, 70, pp.356-365.

Wang, Z. and Kim, H.G., 2017. Can social media marketing improve customer relationship capabilities and firm performance? Dynamic capability perspective. Journal of Interactive Marketing, 39, pp.15-26.

Warner, N.W., Smith, C.A.P. and Letsky, M.P., 2017. Macrocognition in teams: Theories and methodologies. CRC Press.

Xiong, G., Zhu, F., Liu, X., Dong, X., Huang, W., Chen, S. and Zhao, K., 2015. Cyber-physical-social system in intelligent transportation. IEEE/CAA Journal of Automatica Sinica, 2(3), pp.320-333.

Yuan, X., Cai, B., Ma, Y., Zhang, J., Mulenga, K., Liu, Y. and Chen, G., 2018. Reliability evaluation methodology of complex systems based on dynamic object-oriented Bayesian networks. IEEE Access, 6, pp.11289-11300.

Sector Analysis (academic, referenced)

An academic piece of writing that analyses the sector that you intend to be working in. You will be expected to explore your area of work and to be critical in your evaluation of the sector and your place in it. (700 words)

Sector analysis-Accounting profession

Accountants in the present fast growing economy are normally on a very high demand. They are not only employed to due to their passion only but with the passion and willingness to go an extra mile in this profession. The accountants normally specialize on different areas of accounting from taxation, accounts receivable, accounts payable et ceterea. These areas make an accountant to be a professional on the areas they perfect most and this is after a certification with by the certifying authority in that country. Accounting profession doesn’t have any gender bias as any gender can fit well in the profession provided that they show a lot of commitment and honesty in handling very all around complex computations of the businesses and other organizations (Trevino, 2016). This complex computation regarding the financial status of the organizations comes with additional knowledge of the accountant to have studied the accounting application set of packages. The packages normally help the professional in executing his duties in a timely, effective and efficient way (Dunbar, 2016).For an individual to be able to stand the pressure in the accounting profession, she must demonstrate that she can be able to do the comparison and analysis of all the accounting data. The other area that needs the perfection of the accountants is that the professionals in this area need to have an outstanding communication and negotiation skills (Yanto, 2018).This is because the accountant needs to present the accountant data to her employer on a monthly or as may be the policy of the company (Hoggett, 2018). This financial information that is presented by the accountant is what runs the business. These reports that are generated and prepared by the accountants may be used wrongly to show the financial status of the organization, but on the other side they can be used to show and present the correct financial status of the company as at a particular period. These financial reports always give a red alert when the business is not doing well and necessary measures are taken to bring the business back to its good profitable or break even status.

An individual who decides to pursue accounting and take that path in their professional career requires taking a different route. The paths that an accountant may choose are always dependent on the operations of the company (Kotabe, 2016).This means that an accountant who chooses to advance more on taxation may require working on the revenue collection areas like in government institutions or other private entities dealing with the taxation. These many different paths are evident because of even the direct reports the professionals report to (Ratnatunga,, 2016)For example an accountant who takes a route in pursuing further interests of accounts in the pubic sector especially working with the government, may be providing accounting services to the companies. In most countries you will find that there are firms like auditing and financial reporting. These firms provide other companies with the financial services like in auditing where a specific team checks on the taxation area of the client. The other section may be looking on the inventory and so on.

After passing all the procedures that are required to be a certified public accountant which are almost similar in all the world accountants, taxation as a different unit is studied if you choose to do accounting of a foreign company as the taxation differs from one country to the other (Utamu, 2017). This is because it would be important for the accountant when doing his reports like during the auditing and assurance can advise if the timelines and deadlines were met during the payments of taxes and if yes if there were some penalties and how to avert that (Hamidi, 2016).

Other than the accountants looking for employment in the government institutions which may be limited, they can also choose to be self employed and start their own accounting services as a source of income (Lewin, 2018). On the same note, an accountant may be working in public office but at the same time may be offering some private services to their clients of choice at their prices of choice.

Reflective statement on skills development. You will be expected to reflect on your current skill level and critically reflect using one of the cycles (Gibbs, etc), on your own strengths and areas for improvement in a personal and professional context.  (Approx. 700 words)

Before the start of the accounting profession, the individual needs to be proficient in all matters of calculation of complex sums and have a sharp memory. This breaks the assumption by some of other professionals in other areas that the accountant is not just  a perfect with numbers and book keeping. Accountant comes with other additional skills which may not be necessarily be learned or acquired through the units they cover from the class but from the general application. During my early years I was taught on the integrity that i should always do what is right even if no one is watching at me (Babbitt, 2018). The same applies to the accounting profession that an accountant will deliver and execute his duties in due diligence and honesty even if the owner of the company may not be able to detect any misleading data in finance reports.

The curriculum that i used in my journey into this wonderful profession was tailored to be able to incorporate and meet all the demands of the global business world today. This means after my study of CPA in Australia would also be considered as a certified accountant in other countries provided i pass their taxation examinations. When starting my career journey, it was important to have the general knowledge of what an accountant is expected to do. This is because, as the global business world continues to expand, the roles and responsibilities of the accountants still keeps on growing and expanding each day (Koester, 2016).This complex journey just like many other professions requires the accountant to be better place with her realistic and smart objectives. The accountant also needs to have a clear vision on where she wants to be in future so that she can be able to advance on his career through continuous improvement which may e done through furthering studies or featuring in different specialities in finance in both positions and type s of organizations.

An accountant needs to have leadership behaviours and features. During my internship at ABC Company was the team leader of the accounting interns just because I was an ambitious person and an accountant who come up with new insights and strategies in the duties and areas we were allocated to. An accountant needs to come with fresh ideas for the company to be able to recognize her presence (Cooper, 2017).With all these skills both learned and others obtained from the general knowledge, the accountant is able to know what the customer’s needs and what the organization needs to do in terms of their operations to maximise the profits and revenues.

As mentioned earlier on, when an accountant is able to handle the pressure that comes with the position, she will be able to communicate well and professionally to the clients despite the stress at the workplace.

Action plan (GANNT chart) this is a project management tool which you will construct to show how you plan to develop your skills and employability over the module. Full guidance on how to produce this will be given in class. This should be done in Excel or MS Project. An example is provided, which can be removed before submission  

An action plan is the best tool that every professional accountant should put in place to ensure that he meets the threshold of a certified accountant (Schroeder, 2019).This means that an accountant will away work on ensuring that his career has continuous improvement every now and then.

Description of taskJan-20 Feb-20  Mar-20   Apr-20
Refreshment course in excel          
Refresh most used accounting package          
Study other accounts packages          
Renewal of Public accountant certification          
Further the studies with shot accounting courses          
Get certificates all short courses          
Have an active membership          
Send applications to target organizations          
Get employed          

CV (applied to a job role). You will produce full curriculum vitae, tailored to a specific job role in your sector. Please state the job role you are applying to. The GANNT chart and CV should not total more than 600 words and the CV should not be more than 2 sides of A4.

                                          CURRICULUM VITAE

Name:XXXX

Physical address:xxxxx  

Marital status:xxxxxx               

 E-mail:xxxxxxxxx                     

Age: xxxxxxxxxxx                          

Phone: xxxxxxx   

Personal statement                 

  • A fast learner, accurate with figures, good in problem solving skills.
  • Excellent analytical, planning and organizational skills with a very proactive approach to achieving results.
  • An all rounded and diligent team player who can work harmoniously in fast paced, diverse and complex contexts well.

POSITIONING STATEMENT

Am an all rounded  senior accountant with over seven years working experience  having other key strengths which include pursuing my Masters of Science in Finance degree having successfully completed Bachelors of Business Administration (Finance and Banking Option),An ACCA  finalist and also computer literate with proficiency in Microsoft office applications, accounting and statistical packages.

ACADEMIC QUALIFICATIONS

University of Australia

Masters of Science in Finance (Finance and Investments Option), December 2019

Oxford University, UK

Bachelors of Business Administration (Finance and Banking Option), July 2016

PROFFESIONAL QUALIFICATIONS

Vision Professionals College, Australia

CPA Finalist

COMPUTER APPLICATION SOFTWARE KNOWLEDGE

Microsoft Project, Tally, Quick books, Sage, Pastel, Statistical Package for Social Science (SPSS), International Computer Driving License (ICDL) Certificate.

WORK EXPERIENCE

Abc Company ltd

Senior Accountant                                  July 2017 up to date  

DUTIES AND RESPONSIBILITIES

  • Preparing management accounts monthly, quarterly and yearly.
  • Maintaining the cashbook.
  • Updating, filing and submitting statutory returns.
  • Preparing the payroll monthly.
  • Petty cash analysis and reconciliation.
  • Coordinate the monthly stock take exercise.
  • Preparing and analyzing various company projects and their profitability.
  • Cost accounting.
  • Preparing and maintaining all information and documents required for both internal and external audits.
  • Financial projections.
  • Budget variance analysis.
  • Ensuring that all company properties have up to date insurance cover.
  • Maintaining accounting controls by preparing and recommending policies and procedures.
  • Supplier’s analysis and reconciliation.
  • Bank liaison and agency function.
  • Revenue and expenditure variance analysis.

Achievements

  • Established the (ROI) that is the Results, Objectives and Issues work schedule system for daily reporting.
  • Established the weekly cash flow projections system and forwarding the same to directors for decision making like payment of suppliers.
  • Introduced Corporate Social Responsibility (CSR) in the organisation.

Xyz  company ltd

Accountant                                  April 2016 June 2017

DUTIES AND RESPONSIBILITIES

  • Prepairing management accounts monthly.
  • Prepairing the payroll monthly..
  • Controlling credit and chasing debt.
  • Prepairing the daily budget.
  • Petty cash analysis and reconciliation.
  • Preparing bank reconciliations monthly.
  • Paying suppliers.
  • Daily banking and receipting.
  • Filing accounting records.

Achievements

  • Reduced turnover loss by three percent monthly.
  • Reduced petty cash daily expenditure by five percent.
  • Established the marketer’s monthly sales tracking sheet.
  • Reduced the level of employee absenteeism especially on weekends by twenty percent.

OTHER SKILLS

  • Clean Driving License.
  • Occupational First Aid Certificate 

AFILIATIONS

  • Associate Member- (ACCA)

REFEREES

Available on request

References and sources of information

Babbitt, S., 2018. Impossible dreams: Rationality, integrity and moral imagination. Routledge.

Cooper, D.J., Ezzamel, M. and Qu, S.Q., 2017. Popularizing a management accounting idea: The case of the balanced scorecard. Contemporary Accounting Research34(2), pp.991-1025.

Dunbar, K., Laing, G. and Wynder, M., 2016. A Content Analysis of Accounting Job Advertisements: Skill Requirements for Graduates. e-Journal of Business Education and Scholarship of Teaching10(1), pp.58-72.

Hamidi, G. and Rasouli, H., 2016. Evaluation of the Relationship between Accounting Variables and Timelines of Annual Reports of Accepted Companies in Tehran Stock Exchange. Mediterranean Journal of Social Sciences7(4 S2), p.117.

Hoggett, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A. and Maxfield, J., 2018. Accounting. Wiley.

Koester, E., 2016. Green entrepreneur handbook: the guide to building and growing a green and clean business. CRC Press.

Kotabe, M. and Kothari, T., 2016. Emerging market multinational companies’ evolutionary paths to building a competitive advantage from emerging markets to developed countries. Journal of World Business51(5), pp.729-743.

Lewin, J.M., 2018. EMBRACING THE NEW WORLD OF WORK: Five trends are transforming the work of accountants and are presenting new challenges and opportunities for those who can adapt. Strategic Finance99(12), pp.32-38.

Ratnatunga, J., 2016. The Accounting Delusion: Faith and Trust in IFRS Reports. Journal of Applied Management Accounting Research14(1), p.1.

Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2019. Financial accounting theory and analysis: text and cases. John Wiley & Sons.

Trevino, L.K. and Nelson, K.A., 2016. Managing business ethics: Straight talk about how to do it right. John Wiley & Sons.

Utami, W., Priantara, D. and Manshur, T., 2017. Professional accounting education in Indonesia: Evidence on competence and professional commitment. Asian Journal of Business and Accounting4(2).

Yanto, H., Fam, S.F., Baroroh, N. and Jati, K.W., 2018. GRADUATES’ACCOUNTING COMPETENCIES IN GLOBAL BUSINESS: PERCEPTIONS OF INDONESIAN PRACTITIONERS AND ACADEMICS. Academy of Accounting and Financial Studies Journal22(3), pp.1-17.