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%