This document discusses migrating to a new accounting information system and identifies lessons learned from past failures. It instructs the reader to research a real-life accounting system failure, identify factors that contributed to it, and assess management responsibility and how best practices could have prevented it. The reader is also asked to evaluate principles from an IBM article on deploying financial systems and propose a foundation for firms to follow based on up to six principles. A 10-12 page paper responding to these prompts must be written.

1. ACC 564 Assignment 4 Changing the Accounting Information System
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Migrating to a new accounting information system is not an easy task. Many firms have
struggled with this process, even though our textbook makes the process seem quite
straightforward. Recently, IBM recapped some of the lessons learned in migrating to a new
accounting information system within the federal government. These lessons can be applied to
any accounting information system project. Others have developed their own recommendations
for best practices and lessons learned involving implementing accounting information systems.
However, in order to appreciate what IBM and others are proposing, we need to apply lessons
learned to a real-life situation involving the failure to implement an accounting system properly.
For this assignment, research the Internet or Strayer databases for information related to a real-
life accounting information system failure and best practices, as well as lessons learned from
implementing the accounting system. In addition to information that you may find during your
research, please use the following IBM article to complete the assignment:
(http://www.businessofgovernment.org/article/what-we- know-now-lessons-learned-
implementing-federal-financial-systems-projects).
Write a ten to twelve (10-12) page paper in which you:
Identify three to five (3-5) factors that contributed to the accounting information system failure
within the business that you have identified. Indicate the impact to the business. Provide support
for your rationale.
Assess senior management responsibility for the failure in question. Specify what the senior
management could have done differently to avoid the failure. Provide support for your rationale.
Evaluate whether the most significant failure occurred within the system design, implementation,
or operational phase of the process. Indicate what the company could have done to avoid the
failed outcome. Provide support for your rationale.
Evaluate how implementing best practices would have reduced the chances for failure. Provide
support for your rationale.
Based on your research, develop a list of between four (4) and six (6) best practices that
organizations should use today to reduce the chances for failure. Provide support for your
rationale.

2. Using the information provided by IBM and others, indicate which of the principles designed to
provide insight into effective and efficient strategies on how to best deploy financial
management systems, which were outlined within the related article, should serve as an example
of what not to do when establishing the foundation for a firm to follow. Your proposed
foundation should consist of at least two (2) principles, but no more than six (6). Provide support
for your rationale.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites
do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12),with one-inch margins on all
sides; citations and references must follow APA or school-specific format. Check with your
professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s
name, the course title, and the date. The cover page and the reference page are not included in
the required assignment page length.