Purchase Solution

Information Flows and Financial Management

Not what you're looking for?

Ask Custom Question

The Kuali Foundation is a very interesting cooperative venture developing financial information systems in the academic sector. As they describe themselves,

The Kuali Foundation is a non-profit organization responsible for sustaining and evolving a comprehensive suite of administrative software that meets the needs of all Carnegie Class institutions. Its members are colleges, universities, commercial firms and interested organizations that share a common vision of open, modular, and distributed systems for their software requirements. The goal of Kuali is to bring the proven functionality of legacy applications to the ease and universality of online services.

Basically, Kuali is a suite of open source software based financial management applications, applied to the particular needs of colleges and universities. The software is freely available, but support requires participation in the community. Not an unreasonable request, and it does allow for the process of learning how to implement a system and for working out the various sociotechnical adjustments that could be to be made in transitioning to a Kuali based system in any university.

Kathleen T. McNeely and Mary S. Wheeler. A Flexible Financial System. NACUBO

University of Arizona's implementation:

Overview of the system.

Implementation.

Re-evaluation.

You will probably also want to review the Wikipedia article on Organizational Dimensions of Information described in the introduction to this module.

The background information has further material on flows of financial data and associated decision making. In addition, you may wish to seek out further information through your own research. When you have reviewed the advice and the plans, please prepare a short response discussing:

Horizontal Flow, Inward-Outward Flow, Vertical Information flow, and Downward Information Flow of financial data in the Kuali system

Purchase this Solution
Solution Summary

The reviewing into information flows and financial management within an organization, such as, academic university.

Solution Preview

Greetings,

Hope you are well.

Discussing: The background information has further material on flows of financial data and associated decision making. In addition, you may wish to seek out further information through your own research. When you have reviewed the advice and the plans, please prepare a response: Horizontal Flow, Inward-Outward Flow, Vertical Information flow, and Downward Information Flow of financial data in the Kuali system.

Try and identify the primary reasons for utilizing the five main areas for which financial information flows from one point of reference to another relate towards utilizing internal objectives that assist in decision making, such as, the Kuali systems creating a framework for showing different flows of data to management. The horizontal flow is basically on a measure that information flow is sent and/or ...

Solution provided by:
Nichel Anderson, MBA, PhD (IP)
Education
  • BA, American Intercontinental University
  • MBA, American Intercontinental University
  • PhD (IP), Grand Canyon University
Recent Feedback
  • "Thank you!"
  • "Thank you"
  • "amazing"
  • "No comments "
  • "No comment"
Purchase this Solution
Free BrainMass Quizzes
Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Motivation

This tests some key elements of major motivation theories.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

View More Free Quizzes
Related BrainMass Solutions

  • PV of Future Cash Flows and Multiples Based Accounting

    These multiples are very useful in determining the future cash flows and to know the present value of future cash flow. B. Company's financial reporting choice and earnings management affects the company's financial statement valuation.

  • Use of financial reports: hired by a new company

    We know a great deal about the company that is valuable in assessing its future cash flows information that is useful to investors, creditors, management, and others.

  • Financial Accounting vs. Managerial Accounting Functions in Organizations

    Three key financial statements are: They are balance sheet, income statement, and statement of cash flows. The statement of cash flows provides information about cash receipts and cash payments of an entity during a period.

  • Three key financial statements

    Three key financial statements: They are balance sheet, income statement, and statement of cash flows. The statement of cash flows provides information about cash receipts and cash payments of an entity during a period.

  • Four Basic financial statements

    The Investing Flows section provides information on the willingness of management to provide for operational efficiency and future growth.

  • The four basic financial statements for a company

    We know a great deal about the company that is valuable in assessing its future cash flows information that is useful to investors, creditors, management, and others. Balance sheets tell us about the assets and liabilities of business.

  • This post addresses the statement of cash flows.

    The statement of cash flows is a tool for investors and other users that show the inflows and outflows of cash. This gives investors an indication of how management uses their money and the overall financial ability of managing money and resources.

  • External uses of accounting

    We know a great deal about the company that is valuable in assessing its future cash flows information that is useful to investors, creditors, management, and others. Balance sheet tells about the assets and liabilities of business.

  • Financial Statements

    With help of this information, management team can easily evaluate when the cash flows turns positive and will also design company's financial demands.

View More Related Solutions