BFA221 Accounting Information Systems
You are required to complete the Xero Learn Case Study – North East Irrigation Pty Ltd as shown in Appendix A. You will be assessed on your completed Xero Learn file (which assessors will access through the instructors’ dashboard) and to some extent the documents uploaded to the Part A Assignment submission folder. Points to note with respect to this part: 1. If you complete this Xero Case Study through any other account except your University Xero Learn account, your assignment will not be marked and you will receive 0 marks. 2. You are required to complete this case study using the Xero Learn Template that has been emailed to your University email account through Xero Learn (BFA221 Assignment Template 2020). You will be assessed using this Xero Learn file (as well as the uploaded documents to MyLO). 3. There are ten separate documents that are required to be uploaded to your Part A Assignment submission folder by the due date and in the following order: • An unaltered Excel Spreadsheet version of the trial balance (not new) at 31 July 2020 (Excel Document) • Income Statement for the month ending 31 July 2020 PDF document • Balance sheet as at 31 July 2020 (PDF document) • An aged accounts receivable summary at 31 July 2020 (PDF document) • An aged accounts payable summary at 31 July 2020 (PDF document) • An inventory item summary from 1 July 2020 to 31 July 2020 (PDF document) • A payroll employee summary for the month of July 2020 (PDF document) • A fixed asset reconciliation for the month ended 31 July 2020 (PDF document) • A business activity statement summary assuming the September 2020 quarter (PDF document) • A bank reconciliation summary for the business bank account at 31 July 2020 (PDF document
a. Identify the control and the type of control.
b. Explain what the control aims to prevent, detect or correct.
c. Explain the operation of the control (i.e. how the control works).
d. Evaluate the effectiveness of the control (i.e. whether, in your opinion, the control achieves its aims
and why).
DETAILED ASSIGNMENT
