An Accounting Problem

An Accounting Problem The annuities department was faced with an accounting problem. The underway accounting administration would be obsolete in a few years and our business customers are currently experiencing election issues when problems arise and support for this system is required. Since financial reporting is a complex process, convoluted action was required to resolve this problem. The annuity technology group, along with the annuity business group came up with three possible firmnesss and conducted a high level requirements abbreviation and a cost benefit comp culmination to determine which solution to implement.

The solutions analyzed were, do nothing and stay on the actual accounting system, go with a new accounting system designed and built by our Life Insurance partners, or build our own accounting engine. The requirements and cost benefit analysis took several months to complete and a final decision would not be made until 18 months after the initiation of this project. The end result ...If you want to get a full essay, read it on our website: Orderessay

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