Overview
This journal assignment will allow you to better understand the IMPACT problem-solving approach. Journal activities in this course are private; unlike discussions, they are only shared between you and the instructor.
Directions
Your supervisor has asked you to use data to identify a problem and propose a solution for your accounting department. Choose a particular function of accounting, such as tax or accounts payable, to apply the IMPACT approach. How can you apply the IMPACT cycle problem-solving approach described in your textbook to your chosen problem?
Specifically, you must address the following rubric criteria:
- Identify the question(s). Include the following:
- 1–2 questions to ask that can be addressed using data analysis supported by rationale
- Master the data needed to answer the question(s).
- Provide meaning. Include the following:
- Specific examples of data visualizations
- Make actionable recommendations to solve problems.
- Identify people who might benefit from your communication insights. Include the following:
- Explain how people might benefit.
- Explain why people would benefit.
- Identify ways to track outcomes. Include the following:
- Examples that support your response.
What to Submit
Submit your journal as a 3- to 5-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style. Consult the Shapiro Library APA Style Guide for more information on citations.