Accounting Essay implementation plan and Budget

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AccountingEssay: implementation plan and Budget

AccountingEssay: implementation plan and Budget

Thesuccess of implementing a technological chance comes with manychallenges however, a project well implemented is an avenue for abusiness to be success. Project entails using the business resourcesefficiently in order to ensure the best utility is derived for theavailable resources. Having planned well and done sufficient survey,implementing the planned project becomes an easy task. Among thecritical features in the implementation process is the budget. Thebudget will take into consideration the fixed costs and the variablecosts. Technological changes are integral part of any business, thus,this business is changing from its traditional accounting system toemployment of the latest technology of accounting in its financialoperations (Thomas, 2008: 22-24). Below is the technological changeimplementing budget:

fixed costs

cost $

$

initial pilot cost

1,000

cost of computers and software

1,500

office furniture equipment

500

transport cost

100

training cost

250

total fixed costs

3,350

variable costs

support and maintenance

100

training other workers

100

salaries of support staff

500

total variable costs

700

Total costs

4,050

Thefixed costs occur once however, the variable costs occur everymonth. The initial pilot cost entails market research for this smallbusiness in efforts to identify the best machines and software thatwill make it to be at competitive advantage.

Theimplementation process will begin by sharing responsibility among thestakeholders. Effective intercultural communication is essential toensure smooth running of the operation. More so, the staff must beenlightened about the anticipated changes and reasons why the changesare inevitable. That will reduce the chances of change resistance.Having shared responsibility and trained the team leaders, theimplementation schedule must be followed (Starinsky, 2000: 136).Below is the implementation schedule:

days/activity

days

market research

3

data compilation

1

training of stakeholders

3

buying office furniture

2

buying computers

1

transport and office setting

1

system testing

2

evaluation of the implementation

2

total implementation period

Thetraining period is critical because all the people involved directlyor indirectly in the change process must be trained about the newchanges. In addition, the evaluation of the implementation process iscritical in order to ensure that future loopholes in the process areaddressed. The stakeholders give a feedback about the implementationprocess.

Bibliography

Thomas,B. E., 2008,Budget and Information Technology Project Planning Implementation inthe Federal Government: An Investigation of the Relationship BetweenRisk Management and Oversight,London: ProQuest.

Starinsky,R.,2000, ImplementingJ.D. Edwards` Oneworld.Rocklin, Calif, Prima Tech.