Here is the synopsis of our sample research paper on Riordan IT Budget Adjustment. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 5 page paper is based on a case study supplied by the student was supplied which needed adjusting, including a 4% increase to certain areas, accompanied by an overall 2% decrease. The changes made are discussed and presented with the new IT budget and as well as assessing the impact that this has on the operating budget. The bibliography cites 3 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEriorITbudg.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
the IT budget for hardware, software and outside support of 4%. The budgets given are for 2004 and 2005, in adjusting them we need to assume that the budget for
2004 will be the same for 2005 with only the adjustments requested. It is assumed that the increased budget is all expensed, it is noted that any costs under $1,999
are expensed, and any costs overt this amount are capitalized. As the budget adjustments do not require any capitalization there is no need to adjust the level of depreciation (Elliott
and Elliott, 2007). The IT budget shows that the hardware and software licenses total $50,500 for the year. There is not specification for external IT support but it is likely
that this may be incorporated in with the software licensing agreements. This means that there needs to be an overall increase of $2,020 on the budget. If we assume that
this is a 4% increase across the board there will be a 4% increase each month for the software licences, increasing from $3,500 to $3,640. The hardware budget will then
increase from $8,500 by $340. As this is hardware instead of spreading this across the year we will assume it takes place in a single transaction, in this instance we
will assume it takes place in December. This gives us the following IT budget following an adjustment. This increases the total IT budget to $1,903,320.
However, we have seen the need for an overall decrease of 2% on the total budget. The total budget before adjustment was $1,901,300. To bring the
budget to the correct level this requires a net decrease, 2% of the pre altered budget is $38,026; bring the new required budget total to $1,863,274 with the 2% reduction.
...