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    Individual Report and Strategic Plan.

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    You have been the General manager of MaccVille's successfulimport/export business centre in Sydney for the past two years. you have been asked by the Board to assist in the development of the strategic plan by initially conducting a review of the vision, mission and value of the organization....

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    MacVille Pty Ltd is an Australia based firm that has brought up a chain of cafes in the central business district of Brisbane, Queensland and CBD of Sydney. The company is facing certain problems in the highly competitive environment in the industry and plan to redefine its strategic intent (vision, mission, goals, objectives, plans, values, etc) to stay in line with the changing trends in the environment and the consumer base.

    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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