It's important to be able to demonstrate how accounting information systems work. For this assignment, you...

Transcribed Image Text:

It's important to be able to demonstrate how accounting information systems work. For this assignment, you will learn about the payroll cycle and create a flowchart of the process. This assignment is Milestone One. Then, in Project One you will make adjustments to your flowchart based on instructor feedback and include it as part of your Project One assignment. Scenario You have recently been hired as a business analyst for the chief financial officer (CFO) of a small direct-to-consumer organization. The company is growing and is looking for ways to gain efficiency by automating some processes. The CFO has asked you to perform an analysis of the current payroll onboarding function within the organization. Through this analysis of current onboarding functions, you will determine the benefits and drawbacks of how employee information might flow through an accounting information system and how using an AIS will improve the onboarding process. Directions You have been provided with elements of a payroll accounting cycle. Illustrate how the process works using flowchart guidelines provided in the Supporting Materials section. Submit an accounting process flowchart illustration. Specifically, you must address the following rubric criteria: • Label Steps: Label each step in the process. • Organize Steps: Organize the process steps from start to finish. • Shape Selection: Apply the appropriate shapes to identify type and flow. • Connector Selection: Apply the appropriate connectors. What to Submit Submit your completed flowchart in PowerPoint for feedback. If another program is used to create the flowchart it must be inserted as an image into a PowerPoint slide. Supporting Materials The following resource supports your work on the project: • Project One New Hire Procedures • Website: PowerPoint for Windows Training • Website: Lucidchart: How to Make a Flowchart in PowerPoint It's important to be able to demonstrate how accounting information systems work. For this assignment, you will learn about the payroll cycle and create a flowchart of the process. This assignment is Milestone One. Then, in Project One you will make adjustments to your flowchart based on instructor feedback and include it as part of your Project One assignment. Scenario You have recently been hired as a business analyst for the chief financial officer (CFO) of a small direct-to-consumer organization. The company is growing and is looking for ways to gain efficiency by automating some processes. The CFO has asked you to perform an analysis of the current payroll onboarding function within the organization. Through this analysis of current onboarding functions, you will determine the benefits and drawbacks of how employee information might flow through an accounting information system and how using an AIS will improve the onboarding process. Directions You have been provided with elements of a payroll accounting cycle. Illustrate how the process works using flowchart guidelines provided in the Supporting Materials section. Submit an accounting process flowchart illustration. Specifically, you must address the following rubric criteria: • Label Steps: Label each step in the process. • Organize Steps: Organize the process steps from start to finish. • Shape Selection: Apply the appropriate shapes to identify type and flow. • Connector Selection: Apply the appropriate connectors. What to Submit Submit your completed flowchart in PowerPoint for feedback. If another program is used to create the flowchart it must be inserted as an image into a PowerPoint slide. Supporting Materials The following resource supports your work on the project: • Project One New Hire Procedures • Website: PowerPoint for Windows Training • Website: Lucidchart: How to Make a Flowchart in PowerPoint

Answer rating: 100% (QA)

Here is a flowchart of the payroll onboarding process Insert flowchart image here 1Accounting Depart... View the full answer