Explore BrainMass

Financial Factors of new software project implementation

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

The management of the Riordan Manufacturing company wants to create a new accounting system to address the challenges described in the company overview (see finance and accounting section).

c. Prepare a 350-700-word memo to the CFO outlining the following:

1) Factors to be considered in estimating the incremental after tax cash flows for the project. (Be sure to address the outflows and inflows at the beginning of the project as well as over its life).

2) Describe ways of evaluating the project and recommend which approach is best. Give the reasons for your choice.

© BrainMass Inc. brainmass.com October 16, 2018, 6:10 pm ad1c9bdddf


Solution Preview

Factors to be considered in estimating the incremental after tax cash flows for the project-
Solutions regarding Project implementation, Factors of new software project implementation, ways of evaluating the project and recommend which approach is best, cash flows in project implementation, advatages of Decision Support System:
Factors to be considered:
The need for change is being discussed since long and for replacement the current system with a new system has to be well planned, following factors have to be considered for getting the complete financial implication of project which underlines the benefit derived from the new project of software implementation. At the same time it also implies to study cash flows in detail and the evaluation of project. Based on this broad view various factors that will effect are discussed below.
1) CASH outflow at the beginning: cost of software, hardware and the networking, Cost of installation of software & training of personnel.
2) CASH inflow at the beginning: sale of old software, hardware and networking equipment, investment allowance and other Income Tax/ Investment incentives available.
3) CASH inflow while executing project:
a) that is during life of project include depreciation which will be charged every year for projected life of ...

Similar Posting

Strategy Implementation - Strategic Alternatives and Recommended Strategy

Analysis of Strategic Factors. Since you are aware that your analysis of strategic factors or SFAS (Strategic Factor Analysis Summary) is based on IFAS and EFAS tables, and since we will need to understand your choices, you are required to submit the three tables in Excel format in one separate file from your written Word assignment. No submission of an Excel file or submission of a table in a Word file will cause you to lose half of the points of this assignment. No comments are needed on the IFAS and the EFAS tables, but comments are needed on the SFAS table, which is the foundation for this assignment (You will submit one Excel file that will include three separate sheets, one for the IFAS, one for the EFAS and one for the SFAS). As a reminder, two files are to be submitted: One Excel file (counting for three pages) and one Word file (five to seven pages double-spaced). You will be graded on your knowledge of the software and math in building the MS Excel tables, and on your ability to communicate in writing and present your arguments.

Using your readings, the Library, and the Internet, and any additional resources necessary, you are being asked to complete the following sections of a Strategic Audit
8 to 10 Pages

Strategic Alternatives and Recommended Strategy Here you will be graded on your ability to analyze economic, socio-cultural, political-legal, technological, and financial data to justify your available strategies and the one(s) you recommend.

Implementation: Describe the implementation of the strategy(ies) you recommended.

Evaluation and Control How do you evaluate the performance of your implemented strategy(ies)? For a sample outline of a Strategic Audit, review examples starting on page 78 and appendix 11.C.

You were very helpful with me on my last assignment. I would appreciate your assistance if you don't mind. Thanks in advance

View Full Posting Details