66630 – ASSESSMENT BRIEFSubject Code and Name ACCT6001 Accounting

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ASSESSMENT BRIEFSubject Code and Name ACCT6001 Accounting Information SystemsAssessment Assessment 3 – Case Study – ExcelIndividual/Group IndividualLearning Outcomes (d) Apply technical knowledge and skills in creating information for the workplace using spreadsheets and relational databases(e) Communicate with IT professionals, stakeholders and user groups of information systemsSubmission By 11:55pm AEST/AEDT Sunday end of week 7/Module 4.1For Intensive class: By 11:55pm AEST/AEDT Sunday end ofWeek 4/Module 4.2Weighting 25%Total Marks 100 marksContext:The spreadsheet is a powerful tool that has become entrenched in business processes worldwide. A working knowledge of Excel is a crucial skill for accountants. This assignment aims to assess the student’s ability to create spreadsheets. Students will be using raw data and summarising them in a user-friendly format to aid decision making. Students will need to recommend additional excel-based analysis that facilitates business decision making.Submission Instructions:Students need to submit their Excel Workbook which includes the analysis and recommendation sheet. The file should be provided in the following format: Student ID_ Student Name_ ACCT6001 Assessment 3.xlxsExample: 0009989t_Adam Smith_ACCT6001 Assessment 3.xlxsEljay SchoolA large Australian School has recently opened an online education division called Eljay. The school provides online education services to students from around the world. In an effort to improve the services offered to students, a job management system was developed to improve the responses provided to student queries. At the end of every week, a manager from the administration team archives an excel file that contains data about student queries for that week. The manager of the administration team believes that the data within this spreadsheet would be valuable for business decision making. However, employees within the team lack the technical knowledge to analyse and interpret this data. Subsequently, the manager is unsure how to utilise this data to gain insights on how to improve response times and outcomes for students.The administration team manager decided to hire you to assist in analysing and interpreting the data. The table below shows a data file that was archived containing information on student queries for one week.Table 1Job Code Student ID Student Name Date Opened(d/mm/yyyy h:mm) Date Closed(d/mm/yyyy h:mm) Hours Charged Job Type Job Priority Job Status0001 0009990t Charles Brody 01/08/2020 10:30:49 01/08/2020 12:30:49 2 IT Important Closed0002 0001090t John Lucas 02/08/2020 15:23:26 02/08/2020 16:23:26 1 IT Normal Closed0003 0009989t Adam Smith 02/08/2020 18:21:46 04/08/2020 16:20:23 1 Teaching Less Important Closed0004 0001100t Maree Sarah 03/08/2020 09:36:21 05/08/2020 12:20:23 4 Teaching Normal Closed0005 0009988t Eve Bonny 04/08/2020 12:24:20 6 Assessment Important Re Process0006 0001120t Adelle Smith 04/08/2020 09:28:26 1 Assessment Less Important Open0007 0009987t Jill Water 05/08/2020 11:30:33 3 Assessment Important In Process0008 0001130t Jack Hill 06/08/2020 12:10:33 06/08/2020 14:30:33 2 Assessment Important ClosedWhile only a small number of queries were received from students in the first week of the month, student queries are expected to go up over the remainder of the month. However, before getting actual data from the job management system in the coming weeks, Eljay school has asked you to explore the possible analyses that can be performed if using the current output. Eljay provided you with a document listing specific instructions on what you are expected to do in Excel. The instructions are listed below.Requirements(1) Open an Excel Workbook and name it as ‘Student ID_ Student Name_ ACCT6001 Assessment 3’ (i.e. 0009989t_Adam Smith_ACCT6001 Assessment 3). Create a worksheet labelled as ‘Job Data’. Make a table similar to the one above using hypothetical details for 50 students. The table should include the following columns: Job Code, Student ID, Student Name, Date Opened, Date Closed, Job Type, Job Priority, Job Status.In your hypothetical data, assume:a) all student queries were made by students located in Australia,b) at least 30 jobs that have a job status of “closed”c) at least one of each Job Status is included in the data set for each Job Type. For example, include at least:• “open”, “in process”, “re process”, and “closed” entries for “IT”,• “open”, “in process”, “re process”, and “closed” entries for “Teaching”, and• “open”, “in process”, “re process”, and “closed” entries for “Assessment”d) All queries are made between 01/08/2020 and 28/08/2020.e) Each student lodges a query in the job management system only once. So, each row of data contains information about a specific student.(2) In the ‘Job Data’ worksheet, add a column labelled as ‘Time taken to close job. This column should show the time spent resolving each job (e.g. student query). The values for this column should be reported using the “number” format and calculated using a:a) combination of the date opened and date closed columns.b) formula that only includes entries with a “Job Type” equal to “Closed”.(3) Create a new worksheet in your workbook and label it as ‘Job Duration’. In this worksheet:a) Report the descriptive statistics (i.e. mean, median, maximum, minimum) for both the “Time taken to close job” column added to the ‘Job Data’ worksheet and the “Hours Charged” column. A brief commentary on the results should be provided (between 50 and 100 words).b) Include another table in this worksheet showing for each week the:• Total number of jobs,• Total number of jobs “Closed”,• Total number of “Important” jobs “Open”, and • Average time taken to close “Important” jobs.The values for each week should be calculated using Excel formulas based on values from the ‘Job Data’ worksheet (e.g. the values in your table should change if values in the ‘Job data’ table change). The table may look like Table 2.Table 2Week 1 Week 2 Week 3 Week 4Job Count 8 13 9 15Jobs Closed 5 6 7 12“Important” Jobs “Open” 1 1 2 3Average time taken to close “Important” jobs 1.5 1.8 2.6 3.9The administration team believe that the problem with Key Performance Indicators focused on the number of jobs closed each week was that “important” jobs were not being prioritised. Do you find support for this belief? Use a chart(s) to report the results for correlation to support your answer.(4) Create a worksheet labelled as ‘Job Type’. Include a table in this worksheet showing the number of jobs for each week grouped by the three different job types. The values should be directly linked to the ‘Job Data’ worksheet. The table may look like Table 3.Table 3Job Type Week 1 Week 2 Week 3 Week 4 TotalAssessment 4 6 4 7 21IT 2 3 2 3 10Teaching 2 4 3 5 14Total 8 13 9 15 45(5) Create a worksheet and label it as ‘Pivot Tables and Charts’. Build tables and charts that show the average Job Duration by Job Type and Job Priority. Provide these by creating 2 pivot tables/charts (one for each Job Type and Job Priority). Place both of these tables and charts on the same worksheet. A sample for output of Job Duration by Job Type is shown in Figure 1.For each table/chart, comment on whether you think the school would be able to introduce a policy of no more than 2 working days (48 hours) to resolve students queries.Figure 1(6) Of the employees directly responsible for resolving student queries, the school currently has 3 contract-employees working in the administration team, 2 in the teaching team, and 1 in the corporate services team. Contract employees from the administration team charge the school $60 per hour, teaching team employees charge $80 per hour and corporate services $110 per hour. The administration team manager, who receives a salary of $70,000 per annum, asked you about using data from the job management system to develop a monthly budget. The following information was gathered for you to use in developing this budget.1. “Hours charged” for “Assessment” jobs are invoiced by the administration team 60% of the time and the remaining 40% of the “Hours charged” are invoiced by the teaching team.2. All “Hours charged” for “IT” jobs are invoiced by corporate services team3. The “Hours charged” to “Teaching” jobs are invoiced by the teaching team 90% of the time while the remaining 10% are invoiced by the administration team.Create a ‘Budget Summary Report’ worksheet. Include a table with a column for the Team, Estimated hours, and Total Costs. The values for the estimated hours charged column should be linked to the ‘Job Data’ worksheet. Use appropriate functions to fill out the remaining cells of the table. A sample table is shown in Table 5.Table 5Team Estimated hours Cost (per hour) Total costsAdministration 33 60 71,890.00Corporate Services 48 110 5,280.00Teaching 51 80 4,080.00Generate a pie chart to show the distribution of expected costs across different teams.(7) Due to the recent economic crisis around the world, the school would like to cut costs and automate several processes. Given strong industry demand for using Artificial Intelligence (AI) tools to manage customer queries, you believe that a large number of student queries could be managed using an AI bot. However, to implement this technology at the school, a part-time employee will need to be employed along with a software-as-a-service (SAAS) subscription. The part-time employee will cost $35,000 per year. However, you expect that the budgeted costs (in requirement 6) will be significantly reduced. If the school purchases the AI bot, it will half the amount of time required by the administration manager to manage student queries, reducing this cost to $35,000 per year. The percentage of “Hours charged” will also decrease for all job types and only a small charge per “Closed” job will be incurred for the SAAS subscription (as shown in Table 6).Table 6Team Reduction in “Hours charged” (%) Charge per “Closed” jobAssessment 60% $1.20IT 30% $2.20Teaching 20% $1.60If the School does not implement the AI bot tool, the number of jobs performed by employees will remain unchanged. Do you recommend the School purchases the AI bot?(8) Create a worksheet labelled as ‘Analysis and Recommendation’. This worksheet should contain the following three sections.a) Findings – Briefly summarise your findings based on the analysis performed in requirement 2 to requirement 7.b) Recommendation for additional analysis – In this section, you should comment on whether additional analyses can be performed using the types of data that the administration team manager currently receives from the job management system. You should provide one example of an additional analyses that can be performed using the given data and explain how to perform the analysis. Comment on how the additional analysis would help the administration team manager to make business decisions.c) Recommendation for additional data – Currently there is an option for the administration manager to get other types of data from the job management system. Provide one practical example of an additional type of data that should be collected about student queries (e.g. jobs). Suggest the type of analysis that can be done using the additional data. Comment on how the analysis on additional data would help the administration department improve business decision making.Learning Rubric: Assessment 1Assessment Criteria Fail(Unacceptable) 0-49% Pass(Functional)50-64% Credit(Proficient) 65-74% Distinction(Advanced)75 -84% High Distinction(Exceptional)85-100%Formulae, formatting and cell references20 % Formulae, formatting and cell reference are mostly incorrect and incomplete.Incorrect calculations and major mistakes in formulas are present.More than 50% of the formulae, formatting and cell references are correct.Several mistakes are present in calculations and formulas that have been used.Majority of the formulae, formatting and cell references are correct.There are minor discrepancies or mistakes in calculations and formulas used.Almost all formulae, formatting and cell references are correct.All calculations are correct and appropriate formulas have been used.All formulae, formatting and cell references are correct.All calculations are correct and appropriate formulas have been used.Tables, graphical presentation of data,Pivot Table40 % Some tables, graphs, pivot tables are missing or created with wrong or incomplete data.Poor visual presentation of data.Some mistakes are present in creating tables, graphs and pivot tables. Some mistakes have been done in data used, but overall student has proven working knowledge of theExcel tools used.Visual presentation of data needs improvement in some cases.Tables, graphs and pivot tables have been created with minor mistakes.Visual presentation could be improved.There are minor mistakes in table creation, graphs and pivot table.Overall very good understanding of the Excel tools with professional presentation of data.Tables, graphs and pivot table have been created correctly with excellent presentation of data.The student has shown excellent understanding of the Excel tools used in the assessment.ACCT6001_Assessment Brief 3_Case Study – Excel Page 6 of 7Analysis andRecommendation40% Recommendations and analysis are not provided or very weak.Limited application/ recommendations based upon analysis.The student demonstrated the ability to analyse and summarise data for the purpose of decision making.Recommendations are valid, but could be improved.Well-developed analysis and with Excel application and recommendations linked to the analysis.Thoroughly developed and creative analysis and synthesis with application.Well developed recommendations linked to the analysis undertaken.Highly sophisticated and creative analysis.Excellent recommendations linked to the analysis undertaken.ACCT6001_Assessment Brief 3_Case Study – Excel Page 7 of 7

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