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    Provide the company’s background. In doing so, you need to describe the company’s business model (including mission, financial performance, products offered, competitors, etc. – to name a few, student

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    After reading chapter 8 and the learning materials, you would need to undertake the following actions: 1. Provide the company’s background. In doing so, you need to describe the company’s business model (including mission, financial performance, products offered, competitors, etc. – to name a few, students can add other relevant information) 2. Assess your company’s social media presence by checking its website. How would you rate it and why? 3. Use www.socialmention.com to evaluate the nature of conversations people are having about your telecommunication comp...

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    Telstra Corporation Limited, which popularly known by its first name call Telstra, The company is one of the largest Australian telecommunication company, there is large range of product and services of this corporation, and the company is very much famous for the products and services rendered by the corporation.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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