SlideShare a Scribd company logo
1 of 19
MAF671
Integrated Case Study
CASE STUDY 2:
CHANGING ROLES OF ACCOUNTING
AND ACCOUNTANTS IN AIRPORTCO
Group 2
TEAM MEMBERS
Muhammad Khair Nadzir bin Shah
Rom
2019308255
Sheikh Muhammad Al Hakem bin
Sheikh Amer
2019358283
Muhammad Fadzli bin Abd Karim
2016401798
Nur Afiqah binti Mohamad Yunus
2019307699
INTRODUCTION
lAirportCo provides airport-related services in Southeast Asia. It's financial performance has significantly increased due to
business expansions and collaborations. In the current accounting system used by AirportCo, subsidiaries' systems are
systems are standalone applications that are hardly integrated with the primary SAP system, particularly group reporting,
group reporting, necessitating numerous changes and reconciliations prior to account consolidation. These are AiportCo's flaws.
TOWNHALL
SESSION
BY
AIRPORTCO
ISSUES
Changing
roles of
accounting
and
accountants
Accounting
should be
decentralized?
Shared
serves
approach
feasible &
appropriate?
Question 1
How feasible is the finance
and procurement service
delivery model to
AirportCo?
• Centre of Excellence, most strategic unit
(timely and responsive accounting
services)
• Realize savings by fully utilizing its
existent accountants
• Local Site Support, the most
transactional unit ( process on site
business transactions)
• Shorter time frame to meet new
performance target; increased
workloads
OPERATIONAL FEASIBILITY TECHNICAL FEASIBILITY
SCHEDULE FEASIBILITY ECONOMIC FEASIBILITY
Subtitle : 463, 326
Actively Participating in
Subsidiaries’ Activities
Standardize & Consolidation of the
account
Improve Efficiency Accounting
Services
Leveraging Economies of Scale
• Influencing their resource allocation decision
• Accomplished better integration, control and monitor
• System which stand-alone and hardly integrated within the
main SAP system had been solved
• Evaluate subsidiaries’ performance through details monthly and
quarterly report
• Save time by skipping those unnecessary processes
• By divided accounting function into 4 units, each accounting
functions will focus and responsible for their parts
• Facilitate subsidiaries’ day-to-day business operation through
efficient business processes such as simplified payment
processes
• Reduce “cost-to-serve” in providing accounting services
• Minimizing overhead costs and achieve greater economies of
scale
3) Why did AirportCo centralize
its accounting functions and
what were the implications of
that decision?
Subtitle : 463, 326
Problems before the
centralization
Distribution of the
workload is unfair.
Accounting
processes and
functions were
inefficient.
Staffs did tasks
unrelated to
accounting.
Accounting practices
of the group are not
standard and
disintegrate.
Sed ut perspiciatis unde omnis iste natus err sit
volu ptatemeti asantio loremqu eaudantium totam
repacc usant iolorem queaud
Sed ut perspiciatis unde omnis iste natus err sit
volu ptatemeti asantio loremqu eaudantium totam
repacc usant iolorem queaud
Initiatives to improve the
problems
First phase of BPI
programme
implementation
Centralize the
integration to have a
standardized
accounting practice
Second phase of BPI
programme
implementation
Support the
centralized
accounting structure
Benefits of the
centralization
• Process of decision-making activities can be run precisely.
• Business processes can be monitored closely
• Strong business value is achieved through realizing savings.
• Preparation of reporting processes has been made easier
• Banishing the failure in the accounting functions by simplifying the
process
• Simple report and analysis can be generated easily by using the subsystem
Drawbacks of the centralization
1. Managers of the headquarters might
have been feel overburden with their
jobs.
2. Managers in the subsidiaries might
have low self-esteem.
3. The subsystem had to be interfaced
with other system.
Provide
Recommendations
Advise on what should be done in a
specific situation rather than solely
on solving the problem
4) Role of business
Advisory
Providing consultancy
services
Using real time data to advise client
on how to achieve the business
goals
Assist in Evaluate all sales
and marketing plans
Prepare business plan in
recommending changes in
strategy after performing
research
Provide support to handle
marketing plans implementation
and make sure it is effective to
produce favorable outcomes.
To be suggest redesign the
organization structure, redo the SOP
and business daily flow
5)What are the consequences of
the implementation of the BPI in
AirportCo? What course of action
that should be taken by different
groups of accountants
BPI is a practice where the company
leaders analyze their business processes
to identify the area of improvements
and then redesign the processes to
achieve their goal.
What is BPI?
06
0
1
02
03
04
05
GOOD CONSEQUENCES BAD CONSEQUENCES
Restructuring
of accounting
functions
Using top-
down
approach
Automated
tasks
Resistance
towards the
changes
Leveraging
economies of
scale
Changing in
role of
accountants
problem 07
Distance
08
Distribution
tasks - unfair
Conclusion
• BPI is a good way for AirportCo in moving towards success.
• The insights derived are related to the changing accounting structures and processes to
improve accounting services, implemented a few changes in the practices such as
centralizing, s enhanced our understanding of the roles play and the ways of interaction
in different parts in AirportCo.
• Focus to understand how these changes impact day-to-day activities and change the
behavior of organizational actors especially accountants
• Bring benefits for the company and the staffs just need to be positive to the changes
Recommendation
• The top management could conduct and practice a healthy environment within the
workplace. This method indirectly has helped its employees to perform a more quality of
work result and can make the implementation of BPI to be successful at AirportCo.
• Should perform a survey on their employees to detect their satisfaction level of performing
the duties. help the company to trace any threats that interrupt the employees to perform
better at the workplace and improve management to meet their employees' satisfaction
• Provide proper training to the employees before implementing BPI. Effective employee
training may help the employees to be well prepared to face any challenge and changes in
their current duties.
Thanks
Any questions?
You can find me at:
2019307699@student.uitm.edu.my or 017-
3778070

More Related Content

What's hot

Air Asia- Geographic Organizational Structure
Air Asia- Geographic Organizational StructureAir Asia- Geographic Organizational Structure
Air Asia- Geographic Organizational StructureAkmal Cikmat
 
Pengenalan Perakaunan dalam Islam
Pengenalan Perakaunan dalam IslamPengenalan Perakaunan dalam Islam
Pengenalan Perakaunan dalam IslamMahyuddin Khalid
 
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...Nur Adillah Arifah Nazri
 
Chapter 5; non business income students
Chapter 5; non business income studentsChapter 5; non business income students
Chapter 5; non business income studentsCharmaine Deirdre Dave
 
Chapter 7; capital allowances students
Chapter 7; capital allowances studentsChapter 7; capital allowances students
Chapter 7; capital allowances studentsCharmaine Deirdre Dave
 
Marketing Plan for Gardenia
Marketing Plan for GardeniaMarketing Plan for Gardenia
Marketing Plan for Gardeniasiti adila zaini
 
PBL Case Study: Malaysia Airlines (MAS)
PBL Case Study: Malaysia Airlines (MAS)PBL Case Study: Malaysia Airlines (MAS)
PBL Case Study: Malaysia Airlines (MAS)Suhaila Rosley
 
Chapter 4 (a)employment income stds (1)
Chapter 4 (a)employment income stds (1)Chapter 4 (a)employment income stds (1)
Chapter 4 (a)employment income stds (1)Charmaine Deirdre Dave
 
A Guide to UBS Accounting Task : The simple steps to record business transaction
A Guide to UBS Accounting Task : The simple steps to record business transactionA Guide to UBS Accounting Task : The simple steps to record business transaction
A Guide to UBS Accounting Task : The simple steps to record business transactionrosfashihah
 
Sime Darby Berhad (A) Case Study Presentation
Sime Darby Berhad (A) Case Study PresentationSime Darby Berhad (A) Case Study Presentation
Sime Darby Berhad (A) Case Study PresentationRiska Kusuma Wardhani
 
Bab 1 :PENGENALAN KEPADA PERAKAUNAN
Bab 1 :PENGENALAN KEPADA PERAKAUNANBab 1 :PENGENALAN KEPADA PERAKAUNAN
Bab 1 :PENGENALAN KEPADA PERAKAUNANazfariza
 
PERKEMBANGAN EKONOMI MALAYSIA SEBELUM DAN SELEPAS MERDEKA
PERKEMBANGAN EKONOMI MALAYSIA  SEBELUM DAN SELEPAS MERDEKAPERKEMBANGAN EKONOMI MALAYSIA  SEBELUM DAN SELEPAS MERDEKA
PERKEMBANGAN EKONOMI MALAYSIA SEBELUM DAN SELEPAS MERDEKAFaTin GhaZmi
 
Padini Holdings Berhad
Padini Holdings BerhadPadini Holdings Berhad
Padini Holdings BerhadAina Jaafar
 
Pemasaran Restoran
Pemasaran  RestoranPemasaran  Restoran
Pemasaran RestoranHome
 
Bab 4 usaha teroka mula sendiri
Bab 4   usaha teroka mula sendiriBab 4   usaha teroka mula sendiri
Bab 4 usaha teroka mula sendiriWanBK Leo
 
Sistem ekonomi kapitalis
Sistem ekonomi kapitalis   Sistem ekonomi kapitalis
Sistem ekonomi kapitalis Syarizzah Jamil
 
Gardenia bakeries (kl)sdn bhd
Gardenia bakeries (kl)sdn bhdGardenia bakeries (kl)sdn bhd
Gardenia bakeries (kl)sdn bhdNor Syazwani
 
ABCat Cafe & Studio (ENT530 - Business Plan)
ABCat Cafe & Studio (ENT530 - Business Plan)ABCat Cafe & Studio (ENT530 - Business Plan)
ABCat Cafe & Studio (ENT530 - Business Plan)HarithDaniel9
 

What's hot (20)

Air Asia- Geographic Organizational Structure
Air Asia- Geographic Organizational StructureAir Asia- Geographic Organizational Structure
Air Asia- Geographic Organizational Structure
 
Pengenalan Perakaunan dalam Islam
Pengenalan Perakaunan dalam IslamPengenalan Perakaunan dalam Islam
Pengenalan Perakaunan dalam Islam
 
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OF ISLAMIC CAPITAL MARKET IN MA...
 
Chapter 5; non business income students
Chapter 5; non business income studentsChapter 5; non business income students
Chapter 5; non business income students
 
Chapter 1 basis period
Chapter 1  basis periodChapter 1  basis period
Chapter 1 basis period
 
Chapter 7; capital allowances students
Chapter 7; capital allowances studentsChapter 7; capital allowances students
Chapter 7; capital allowances students
 
Marketing Plan for Gardenia
Marketing Plan for GardeniaMarketing Plan for Gardenia
Marketing Plan for Gardenia
 
PBL Case Study: Malaysia Airlines (MAS)
PBL Case Study: Malaysia Airlines (MAS)PBL Case Study: Malaysia Airlines (MAS)
PBL Case Study: Malaysia Airlines (MAS)
 
Chapter 4 (a)employment income stds (1)
Chapter 4 (a)employment income stds (1)Chapter 4 (a)employment income stds (1)
Chapter 4 (a)employment income stds (1)
 
A Guide to UBS Accounting Task : The simple steps to record business transaction
A Guide to UBS Accounting Task : The simple steps to record business transactionA Guide to UBS Accounting Task : The simple steps to record business transaction
A Guide to UBS Accounting Task : The simple steps to record business transaction
 
Sime Darby Berhad (A) Case Study Presentation
Sime Darby Berhad (A) Case Study PresentationSime Darby Berhad (A) Case Study Presentation
Sime Darby Berhad (A) Case Study Presentation
 
Bab 1 :PENGENALAN KEPADA PERAKAUNAN
Bab 1 :PENGENALAN KEPADA PERAKAUNANBab 1 :PENGENALAN KEPADA PERAKAUNAN
Bab 1 :PENGENALAN KEPADA PERAKAUNAN
 
PERKEMBANGAN EKONOMI MALAYSIA SEBELUM DAN SELEPAS MERDEKA
PERKEMBANGAN EKONOMI MALAYSIA  SEBELUM DAN SELEPAS MERDEKAPERKEMBANGAN EKONOMI MALAYSIA  SEBELUM DAN SELEPAS MERDEKA
PERKEMBANGAN EKONOMI MALAYSIA SEBELUM DAN SELEPAS MERDEKA
 
Padini Holdings Berhad
Padini Holdings BerhadPadini Holdings Berhad
Padini Holdings Berhad
 
Pemasaran Restoran
Pemasaran  RestoranPemasaran  Restoran
Pemasaran Restoran
 
Bab 4 usaha teroka mula sendiri
Bab 4   usaha teroka mula sendiriBab 4   usaha teroka mula sendiri
Bab 4 usaha teroka mula sendiri
 
Sistem ekonomi kapitalis
Sistem ekonomi kapitalis   Sistem ekonomi kapitalis
Sistem ekonomi kapitalis
 
Gardenia bakeries (kl)sdn bhd
Gardenia bakeries (kl)sdn bhdGardenia bakeries (kl)sdn bhd
Gardenia bakeries (kl)sdn bhd
 
Hire Purchase Act (Business Law)
Hire Purchase Act (Business Law)Hire Purchase Act (Business Law)
Hire Purchase Act (Business Law)
 
ABCat Cafe & Studio (ENT530 - Business Plan)
ABCat Cafe & Studio (ENT530 - Business Plan)ABCat Cafe & Studio (ENT530 - Business Plan)
ABCat Cafe & Studio (ENT530 - Business Plan)
 

Similar to Changing Roles of Accounting Through BPI Implementation

Advantages of management accounting
Advantages of management accountingAdvantages of management accounting
Advantages of management accountingPAWANGUPTA327
 
fe_efficiency.pdf
fe_efficiency.pdffe_efficiency.pdf
fe_efficiency.pdfPriyaGorai6
 
S&A Knowledge Series - Budget & budgetary controls
S&A Knowledge Series - Budget & budgetary controlsS&A Knowledge Series - Budget & budgetary controls
S&A Knowledge Series - Budget & budgetary controlsDhruv Seth
 
Chapter01.ppt/Mgt Accounting Introduction
Chapter01.ppt/Mgt Accounting IntroductionChapter01.ppt/Mgt Accounting Introduction
Chapter01.ppt/Mgt Accounting IntroductionSrikantKapoor1
 
BUSINESS PROCESS RE-ENGINEERING Power Point Presentation
BUSINESS PROCESS RE-ENGINEERING Power Point PresentationBUSINESS PROCESS RE-ENGINEERING Power Point Presentation
BUSINESS PROCESS RE-ENGINEERING Power Point PresentationChaturvediAnay
 
Charlotte FENG - What you need to know in 2014!
Charlotte FENG - What you need to know in 2014!Charlotte FENG - What you need to know in 2014!
Charlotte FENG - What you need to know in 2014!Ken Witt
 
Transforming Finance and Accounting to Optimize Financial Close
Transforming Finance and Accounting to Optimize Financial CloseTransforming Finance and Accounting to Optimize Financial Close
Transforming Finance and Accounting to Optimize Financial CloseCognizant
 
Features of management accounting
Features of management accountingFeatures of management accounting
Features of management accountingDr. Ravneet Kaur
 
Business process re- engineering
Business process re- engineeringBusiness process re- engineering
Business process re- engineeringAshutosh Sharma
 
Six sigma-and-supply-chain
Six sigma-and-supply-chainSix sigma-and-supply-chain
Six sigma-and-supply-chainStephen Depoe
 
Business Process Re-engineering
Business Process Re-engineeringBusiness Process Re-engineering
Business Process Re-engineeringPraveen Minz
 
Optimum utilization of funds through the year, minimizing liability of return...
Optimum utilization of funds through the year, minimizing liability of return...Optimum utilization of funds through the year, minimizing liability of return...
Optimum utilization of funds through the year, minimizing liability of return...ICRISAT
 
How to Safely Race to an Optimized Financial Accounting Close?
How to Safely Race to an Optimized Financial Accounting Close?How to Safely Race to an Optimized Financial Accounting Close?
How to Safely Race to an Optimized Financial Accounting Close?Cogneesol
 
Business Process Re-Engineering by ADITI WALIA
Business Process Re-Engineering by ADITI WALIABusiness Process Re-Engineering by ADITI WALIA
Business Process Re-Engineering by ADITI WALIAAditi Walia
 
Cid ressum integrating_management_accounting_systems_mergers_may10
Cid ressum integrating_management_accounting_systems_mergers_may10Cid ressum integrating_management_accounting_systems_mergers_may10
Cid ressum integrating_management_accounting_systems_mergers_may10chandureddi
 
Vision Functionality Document
Vision   Functionality DocumentVision   Functionality Document
Vision Functionality DocumentSuleman Dossani
 
Cost and Management Accounting and Comparative Analysis o Activity Based Costing
Cost and Management Accounting and Comparative Analysis o Activity Based CostingCost and Management Accounting and Comparative Analysis o Activity Based Costing
Cost and Management Accounting and Comparative Analysis o Activity Based CostingAnamika Hore
 
Airport processes improvement
Airport processes improvementAirport processes improvement
Airport processes improvementJatinder Singh
 

Similar to Changing Roles of Accounting Through BPI Implementation (20)

Advantages of management accounting
Advantages of management accountingAdvantages of management accounting
Advantages of management accounting
 
Managerial Accounting
Managerial AccountingManagerial Accounting
Managerial Accounting
 
fe_efficiency.pdf
fe_efficiency.pdffe_efficiency.pdf
fe_efficiency.pdf
 
S&A Knowledge Series - Budget & budgetary controls
S&A Knowledge Series - Budget & budgetary controlsS&A Knowledge Series - Budget & budgetary controls
S&A Knowledge Series - Budget & budgetary controls
 
Chapter01.ppt/Mgt Accounting Introduction
Chapter01.ppt/Mgt Accounting IntroductionChapter01.ppt/Mgt Accounting Introduction
Chapter01.ppt/Mgt Accounting Introduction
 
BUSINESS PROCESS RE-ENGINEERING Power Point Presentation
BUSINESS PROCESS RE-ENGINEERING Power Point PresentationBUSINESS PROCESS RE-ENGINEERING Power Point Presentation
BUSINESS PROCESS RE-ENGINEERING Power Point Presentation
 
Charlotte FENG - What you need to know in 2014!
Charlotte FENG - What you need to know in 2014!Charlotte FENG - What you need to know in 2014!
Charlotte FENG - What you need to know in 2014!
 
Presentation to the partners of ig mpw by bhaskar bhindie
Presentation to the partners of ig mpw by bhaskar bhindiePresentation to the partners of ig mpw by bhaskar bhindie
Presentation to the partners of ig mpw by bhaskar bhindie
 
Transforming Finance and Accounting to Optimize Financial Close
Transforming Finance and Accounting to Optimize Financial CloseTransforming Finance and Accounting to Optimize Financial Close
Transforming Finance and Accounting to Optimize Financial Close
 
Features of management accounting
Features of management accountingFeatures of management accounting
Features of management accounting
 
Business process re- engineering
Business process re- engineeringBusiness process re- engineering
Business process re- engineering
 
Six sigma-and-supply-chain
Six sigma-and-supply-chainSix sigma-and-supply-chain
Six sigma-and-supply-chain
 
Business Process Re-engineering
Business Process Re-engineeringBusiness Process Re-engineering
Business Process Re-engineering
 
Optimum utilization of funds through the year, minimizing liability of return...
Optimum utilization of funds through the year, minimizing liability of return...Optimum utilization of funds through the year, minimizing liability of return...
Optimum utilization of funds through the year, minimizing liability of return...
 
How to Safely Race to an Optimized Financial Accounting Close?
How to Safely Race to an Optimized Financial Accounting Close?How to Safely Race to an Optimized Financial Accounting Close?
How to Safely Race to an Optimized Financial Accounting Close?
 
Business Process Re-Engineering by ADITI WALIA
Business Process Re-Engineering by ADITI WALIABusiness Process Re-Engineering by ADITI WALIA
Business Process Re-Engineering by ADITI WALIA
 
Cid ressum integrating_management_accounting_systems_mergers_may10
Cid ressum integrating_management_accounting_systems_mergers_may10Cid ressum integrating_management_accounting_systems_mergers_may10
Cid ressum integrating_management_accounting_systems_mergers_may10
 
Vision Functionality Document
Vision   Functionality DocumentVision   Functionality Document
Vision Functionality Document
 
Cost and Management Accounting and Comparative Analysis o Activity Based Costing
Cost and Management Accounting and Comparative Analysis o Activity Based CostingCost and Management Accounting and Comparative Analysis o Activity Based Costing
Cost and Management Accounting and Comparative Analysis o Activity Based Costing
 
Airport processes improvement
Airport processes improvementAirport processes improvement
Airport processes improvement
 

Recently uploaded

microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 

Recently uploaded (20)

microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 

Changing Roles of Accounting Through BPI Implementation

  • 1. MAF671 Integrated Case Study CASE STUDY 2: CHANGING ROLES OF ACCOUNTING AND ACCOUNTANTS IN AIRPORTCO Group 2
  • 2. TEAM MEMBERS Muhammad Khair Nadzir bin Shah Rom 2019308255 Sheikh Muhammad Al Hakem bin Sheikh Amer 2019358283 Muhammad Fadzli bin Abd Karim 2016401798 Nur Afiqah binti Mohamad Yunus 2019307699
  • 3. INTRODUCTION lAirportCo provides airport-related services in Southeast Asia. It's financial performance has significantly increased due to business expansions and collaborations. In the current accounting system used by AirportCo, subsidiaries' systems are systems are standalone applications that are hardly integrated with the primary SAP system, particularly group reporting, group reporting, necessitating numerous changes and reconciliations prior to account consolidation. These are AiportCo's flaws.
  • 5. Question 1 How feasible is the finance and procurement service delivery model to AirportCo?
  • 6. • Centre of Excellence, most strategic unit (timely and responsive accounting services) • Realize savings by fully utilizing its existent accountants • Local Site Support, the most transactional unit ( process on site business transactions) • Shorter time frame to meet new performance target; increased workloads OPERATIONAL FEASIBILITY TECHNICAL FEASIBILITY SCHEDULE FEASIBILITY ECONOMIC FEASIBILITY
  • 7. Subtitle : 463, 326 Actively Participating in Subsidiaries’ Activities Standardize & Consolidation of the account Improve Efficiency Accounting Services Leveraging Economies of Scale • Influencing their resource allocation decision • Accomplished better integration, control and monitor • System which stand-alone and hardly integrated within the main SAP system had been solved • Evaluate subsidiaries’ performance through details monthly and quarterly report • Save time by skipping those unnecessary processes • By divided accounting function into 4 units, each accounting functions will focus and responsible for their parts • Facilitate subsidiaries’ day-to-day business operation through efficient business processes such as simplified payment processes • Reduce “cost-to-serve” in providing accounting services • Minimizing overhead costs and achieve greater economies of scale
  • 8. 3) Why did AirportCo centralize its accounting functions and what were the implications of that decision?
  • 9. Subtitle : 463, 326 Problems before the centralization Distribution of the workload is unfair. Accounting processes and functions were inefficient. Staffs did tasks unrelated to accounting. Accounting practices of the group are not standard and disintegrate.
  • 10. Sed ut perspiciatis unde omnis iste natus err sit volu ptatemeti asantio loremqu eaudantium totam repacc usant iolorem queaud Sed ut perspiciatis unde omnis iste natus err sit volu ptatemeti asantio loremqu eaudantium totam repacc usant iolorem queaud Initiatives to improve the problems First phase of BPI programme implementation Centralize the integration to have a standardized accounting practice Second phase of BPI programme implementation Support the centralized accounting structure
  • 11. Benefits of the centralization • Process of decision-making activities can be run precisely. • Business processes can be monitored closely • Strong business value is achieved through realizing savings. • Preparation of reporting processes has been made easier • Banishing the failure in the accounting functions by simplifying the process • Simple report and analysis can be generated easily by using the subsystem
  • 12. Drawbacks of the centralization 1. Managers of the headquarters might have been feel overburden with their jobs. 2. Managers in the subsidiaries might have low self-esteem. 3. The subsystem had to be interfaced with other system.
  • 13. Provide Recommendations Advise on what should be done in a specific situation rather than solely on solving the problem 4) Role of business Advisory Providing consultancy services Using real time data to advise client on how to achieve the business goals Assist in Evaluate all sales and marketing plans Prepare business plan in recommending changes in strategy after performing research Provide support to handle marketing plans implementation and make sure it is effective to produce favorable outcomes. To be suggest redesign the organization structure, redo the SOP and business daily flow
  • 14. 5)What are the consequences of the implementation of the BPI in AirportCo? What course of action that should be taken by different groups of accountants
  • 15. BPI is a practice where the company leaders analyze their business processes to identify the area of improvements and then redesign the processes to achieve their goal. What is BPI?
  • 16. 06 0 1 02 03 04 05 GOOD CONSEQUENCES BAD CONSEQUENCES Restructuring of accounting functions Using top- down approach Automated tasks Resistance towards the changes Leveraging economies of scale Changing in role of accountants problem 07 Distance 08 Distribution tasks - unfair
  • 17. Conclusion • BPI is a good way for AirportCo in moving towards success. • The insights derived are related to the changing accounting structures and processes to improve accounting services, implemented a few changes in the practices such as centralizing, s enhanced our understanding of the roles play and the ways of interaction in different parts in AirportCo. • Focus to understand how these changes impact day-to-day activities and change the behavior of organizational actors especially accountants • Bring benefits for the company and the staffs just need to be positive to the changes
  • 18. Recommendation • The top management could conduct and practice a healthy environment within the workplace. This method indirectly has helped its employees to perform a more quality of work result and can make the implementation of BPI to be successful at AirportCo. • Should perform a survey on their employees to detect their satisfaction level of performing the duties. help the company to trace any threats that interrupt the employees to perform better at the workplace and improve management to meet their employees' satisfaction • Provide proper training to the employees before implementing BPI. Effective employee training may help the employees to be well prepared to face any challenge and changes in their current duties.
  • 19. Thanks Any questions? You can find me at: 2019307699@student.uitm.edu.my or 017- 3778070