In this project, you are assigned to design an REA data model (Conceptual model) for project case--Ash Accounting firm. The project tests the knowledge learned from ACCT 300. The company organization and its operation are illustrated in the Ash Accounting Introduction.

Attachment: Ash Accounting Firm

To analyze with one business cycle and complete the six-step REA data model for the assigned business cycle.

Fixed Asset Business Cycle:

Purchase Business Cycle:

Client Service, Billing, and Cash Collection:

Human Resource Management:

       You are required to follow the six-step design approach to complete your business cycle REA Data Model.

Identify the significant business events

Identify the related resources

Identify the related internal and external agents

Identify relationships between entities

Specify the cardinalities of the relationships

Identify the attributes of the REA entities and relationships

Also, I will demonstrate the six-steps approach for each business cycle from (Revenue Cycle) through (Human Resource Cycle). The second half semester will work around the six-step design approach to learn how to analyze business cycle and design related module for the Accounting Information System.

The Project Schedule and Due Date:

The first stage, including step 1 through step 5. You post your solution with a Word File to this assignment. I will correct your solution and give your feedback on your REA data model.

In the second stage, you will use the corrected REA Data Model to design your business cycle's necessary tables and attributes.

Answer rating: 100% (QA)

To design the REA data model for the Ash Accounting firms Fixed Asset Business Cycle we will follow the sixstep approach as described Lets go through each step Step 1 Identify the significant business ... View the full answer