Gourmet Cake is a business that has a passion for creating delicious and fabulous celebration cakes. Jane, the owner of the Gourmet Cake, will start her business in August this year. She plans to have over 100 cakes on display in her South Melbourne shop. These include christening, birthday, wedding, anniversary and cupcakes. These cakes can be tailored to suit customers' budgets. All cakes are made fresh in the shop. Jane and her staff will take care of everything from the initial consultation to the baking, decorating and delivery or collection of customers' order. Jane plans to take customers' orders on the phone when she starts the business. In the near future, customers can order their cakes online. Jane has requested your IT consulting team to set up the accounting information systems for her new shop. In this project, your team is asked to do the following tasks for Gourmet Cake.
A. Write a proposal for Gourmet Cake's Accounting Information Systems. In your proposal, you should include the cost of the software systems, technical requirements, implementation and training strategy, cost of annual maintenance and support.
B. Briefly describe the accounting cycles, e.g. revenue cycle, expenditure cycle etc in your designed accounting system.
C. Provide samples of statements of financial position, financial performance and a cash flow statement for these reports which will be generated by your accounting systems in future. List all these sample statements in the Appendix section of your proposal.
D. Provide a chart of accounts which supports above financial reports in the Appendix section of your proposal.
Format
1. quote the reference in Harvard Style format
2. Report Style
Attachment:- Managing Accounting Information lecture.rar