Accounting Systems Essay examples - 1635 Words

Accounting information – Coursework Some academics believe that there is a direct relationship between accounting information systems and organisations. It is thought there is a two-way system whereby organisations shape their accounting information systems but are also shaped by them. This report will look at the highlighted relationship and in the context of the information literacy and management skills that are needed by an accountancy graduate in the 21st Century. The report will also cover the importance of the factors that shape an accounting information system and what the needs are essential to have an effective and efficient system in this present day. The purpose of accounting information systems is to support management†¦show more content†¦When management are compiling the appropriate accounting information systems they must be aware of internal controls. Internal controls can be defined as â€Å"an accounting procedure or system designed to promote efficiency or assure implementation of a policy or safeguard assets or avoid fraud.†(Princeton University, 2012) Management or directors are usually responsible for developing and monitoring internal control and factoring in the five components. These components are known as the control environment, risk assessment, control activities, communication and monitoring. The main component for the internal controls is the control environment as it provides a base for the organisation. The purposes of the control environment is for manager’s oversight, integrity and ethical principles, attention and direction by the board of directors. The control environment is one of the most crucial factors of internal controls as fraudulent financial reporting usually comes from the ineffective control environment. According to Hopwood, â€Å"audit industry is currently in the midst of intensifying its lobbying of government for legislative changes in the limits on its legal liability.† This conveys the idea that auditors today have not got enough authority or availability to company’s information systems and that is the reason for the problems. Another component ofShow MoreRelatedAccounting Information System1811 Words   |  8 PagesDiscussion I. I. Accounting information system is a combination of collecting, recording, storing, and processing data of a business. The advancement of technology initiates business firms to seek for new innovations that would greatly help in business functions. As what Dillon and Kruck (2004) had explained, â€Å"at the start of the 21st century, business organizations are facing an explosion of global competition and innovation and facilitating this explosion is the increasing ability of organizationsRead MoreAccounting : The Accounting System914 Words   |  4 PagesKyana Campbell Debora Constable Accounting 2101 April 6, 2015 The Accounting System Dear Mr. Smith, Accounting is a subject that it is very hard to grasp, if I say so myself. In order to run a successful and confident business, accounting is very necessary. Fortunately im here to help make your business and understanding of the accounting system as easy as possible. There are a number of benefits for companies that create and maintain an accounting system. All businesses are involved in three differentRead MoreQuestions On Accounting Information Systems2346 Words   |  10 PagesACC539-201560 ACCOUNTING INFORMATION SYSTEMS – ASSIGNMENT 1 The abovementioned has been arranged in two parts on the same document, first Question 1 then Question 2 follows below that: QUESTION 1: Question 1: explanation of how implementation of cloud accounting information system in an organisation relates to corporate straegy and value chain. Risks and benefits are explored. Introduction We seek to investigate how the implementation of a cloud accounting information system relates to anRead MoreManagement Accounting System862 Words   |  3 Pageshave a good A management Accounting System (MAS). MAS is the a system that company have to help them about control and quality of decision making in order to gain the most effective and efficiency decison. It includes management repots, companys accounts and statistical information to provide an accurate and professional information that consist every single aspect from the company. There are so many way tools and techniques applied for a Management accounting system. It could be financial andRead Moreaccounting information system2794 Words   |  12 Pages Chapter 1 Accounting Information Systems and the Accountant True-False Questions 1. The acronym AIS stands for â€Å"Accounting Information Standards.† 2. Accounting information systems must be computerized to be effective. 3. It is best to view an AIS as an accounting system that must be computerized. 4. AISs often create information that is useful to non-accountants. 5. In order to be useful, raw accounting data must be processed by a computer. 6. The path that data follow in an AIS, forRead MoreAccounting Information System6282 Words   |  26 PagesJournal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP Journal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP Read MoreAccounting Information System1944 Words   |  8 Pages6-7 | 4 | Bibliography | 8 | 5 | CD | 9 | 6 | Turnitin report | 10 | Question 1 Mrs. Sally runs a bakery business, Sweet Delight which caters to both individuals and businesses. However, there are some flaws found in her current sales system that caused a loss of significant amount of money. Hoping that she’s able to improve her cash flow, there are some weaknesses highlighted in her current practice. i) Poor online ordering. Having an online catalogue is beneficial for businessesRead MoreACCOUNTING SYSTEM INSIGHTS4267 Words   |  18 PagesAIS – Final Study Chapter Highlights Chapter 1 – ACCOUNTING SYSTEM INSIGHTS 1. Enterprise system – A system that supports business activities throughout the enterprise, including inputs, processing, and outputs 2. Integrated enterprise system – Shares data across functional areas within the enterprise 3. Business processes – Related activities performed by an enterprise to create value by transforming input into output 4. Value chain – An organizing framework for business processesRead MoreAccounting Information System3639 Words   |  15 PagesExecutive Summary Accounting information system is an extremely important role in the enterprise management. As technology advances, the system software is constantly improving, constantly enhance the function of the system, thus improving the efficiency of enterprise management. Accounting information system network and multi-function trend is more obvious, how is the fastest way to management to provide the latest information to help decision-makers analysis, forecasting, decision-making, improveRead MoreEssay Accounting Systems1667 Words   |  7 PagesAccounting Systems In accounting systems, certain controls are needed to ensure that employees are doing their jobs properly and ensure that the system runs properly. These checks are in the best interest of the organization. These controls come in the form of internal and external controls for the system. The internal controls are the checks that are placed in the system by the companys own management and directors. Today more and more companies are moving from the manual accounting systems

Library vs. Internet Free Essays

COMPUTERIZED LIBRARY SYSTEM: Foreign Study Chapter I Project Overview Introduction Nowadays, in a highly technological society, human productivity is made more efficient through the development of electronic gadgets. Now, with the advent of such modernization in education, one way to globalize the process of research is to realize that technology is advancing at an incredibly fast pace. Computers are not confined to being used for entertainment but its role in education is also vast. We will write a custom essay sample on Library vs. Internet or any similar topic only for you Order Now Library is derived from the old French term â€Å"librairie† which means â€Å"a collection of books. † Reading materials in school are stored in libraries. Library is a place in which books and related materials are kept for use but not for sale. It is also organized for use and maintained by a public body, an institution or a private individual. In addition, it is a place in which we get information in any format and from many sources. The librarian has to keep the room neat so that it is conducive for learning. The librarian is also the person who is liable for monitoring all the books that are borrowed and returned by the borrowers. http://www. studymode. com/essays/Computerized-Library-System-427957. html Local Studies About Library System- A Sample Thesis Library systems, comparisons and contrasts. For the children of today, going to the library,  searching  through the card catalogue to look for books on topics they need to research on is quite archaic! However, many of us still remember how time consuming this was. The kids of today certainly have it easy. Imagine getting all the information you need with one-click of your mouse!?! An  integrated library system  (ILS), also known as a  library management system  (LMS), is an  enterprise resource planning  system for a  library, used to track items owned, orders made, bills paid, and patrons who have borrowed. An ILS usually comprises a  relational database, software to interact with that database, and two  graphical user interfaces  (one for patrons, one for staff). Most ILSes separate software functions into discrete programs called modules, each of them integrated with a unified interface. Examples  of modules might include:  §Ã‚  Ã‚  acquisitions (ordering, receiving, and  invoicing  materials)  §Ã‚  Ã‚  cataloging  (classifying and indexing materials)  §Ã‚  Ã‚  circulation (lending materials to patrons and receiving them back)  §Ã‚  Ã‚  serials  (tracking  magazine and  newspaper  holdings)  §Ã‚  Ã‚  the  OPAC  (public interface for users) Each patron and item has a unique ID in the database that allows the ILS to track its activity. Larger libraries use an ILS to order and acquire, receive and invoice, catalog, circulate, track and shelve materials. Smaller libraries, such as those in private homes or  non-profit organizations  (like churches or synagogues, for instance), often forgo the expense and maintenance required to run an ILS, and instead use a library computer system. (Wikipedia) Automation of the catalog saves the labor involved in re-sorting the card catalog, keeping it up-to-date with respect to the collection, etc. Other tasks which are now automated include checking-out and checking-in books, generating statistics and reports, acquisitions and subscriptions, indexing journal articles and linking to them, as well as  tracking  interlibrary loans. Since the late 1980s,  windowing systems  and multi-tasking have allowed the integration of business functions. Instead of having to open up separate applications, library staff could now use a single application with multiple functional modules. As the  Internet  grew, ILS vendors offered more functionality related to computer networks. As of 2009  major ILS systems offer web-based portals where library users can log in to view their account, renew their books, and authenticate themselves for access to  online databases. (Wikipedia) In recent years some libraries have turned to major open source ILSs such as  Koha  and  Evergreen. Common reasons noted were to avoid vendor lock in, avoid license fees, and participate in software development. Librarytechnology. rg does an annual survey of over 1,500 libraries and noted in 2008 2%[3]  of those surveyed used open source ILS, in 2009 the number increased to 8%[4]  and in 2010(most recent year available) 12%[5]  of the libraries polled had adopted open source ILSs. (Wikipedia) Read more:  http://ivythesis. typepad. com/term_paper_topics/2011/06/local-studies-about-library-system-a-sample-thesis. html#ixzz2DsPW4UYZ http://ivythesis. typepad. com/term_paper_top ics/2011/06/local-studies-about-library-system-a-sample-thesis. html Library: foreign literature The network libraries now have autonomous library systems (TINLIB version 280 of IME) with reciprocal access to each others catalogs via the PHnet. Training on site and in UK has been provided by IME to the staff of the network. Staff expertise on the use of all the modules of TINLIB running on UNIX has been brought to a level where the staff can now confidently train others and maintain the system. Online support via the Internet is also provided by IME upon request. The choice of a common library system was decided by the technical committee of the network libraries to have a uniform platform, training programs, import profiles, etc. cross the network and for ease in establishing a user group/systems administration group. TINLIB was chosen because it met the systems specifications prepared by the technical working group, and had favorable references from users. Additional features which gave it an edge over other systems is its utilization of hypertext techniques, client-server arc hitecture, and ability to import and export data from any of the databases existing in the network libraries. The library directors and heads are under tremendous pressure to continue and expand the networked services. Four of the services which need to be implemented immediately are:          1) the creation of a union catalog for books, audio-visual, serials and Filipiniana articles and researches;          2) access to CD-ROM abstracts and indexes and full text journals and references from any site on the network, subject to copyright and licensing agreement with suppliers and publishers;          3) development of networking navigation tools and training programs; and          4) building of sufficient monetary resources and/or commitment of university officials to allocating sufficient funds for the maintenance of the network. ) transforming the College of Science library into a National Science Library and Information Center to widen the scope of its services http://www. studymode. com/essays/Library-Foreign-Literature-906068. html How to cite Library vs. Internet, Essay examples

Ray Bradburys The Illustrated Man Complications free essay sample

In Ray Bradburys The Illustrated Man, there are a number of short stories that depict tuture complications that humans may encounter. The Veldt and Marionettes, Inc. both demonstrate how mismanaged technology can affect peoples lives. These stories reveal how allowing technology to replace ones responsibilities can result In major consequences. In The veldt, technology Interferes with how a family should behave. For example, while Lydia Is discussing their Happy-Life Home with George, she reluctantly feel like I dont belong here. The house is wife and mother now and ursemaid (10). Lydia realizes that the house has taken over her responsibilities, and begins to feel Insignificant In comparison to t _ She Is fully aware that her home has rendered her purposeless and unnecessary to her family. In addition, George realizes that the technology in their home is damaging their family. He rants, The more I see of the mess weve put ourselves In, the more It sickens me. We will write a custom essay sample on Ray Bradburys The Illustrated Man: Complications or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page weve been contemplating our mechanical, electronic navels for too long (1 7), This displays that his famllfs dependence on technology has blinded them to the reality of their situation. He is frustrated with himself tor having welcomed the technology Into their home without any forethought The parents have relinquished their responsibilities to technology, and as a result, they have suffered permanent ramifications. The characters In Marionettes, Inc. , Brallng and smith, attempt to escape their marital predicaments by replacing themselves with mechanical duplicates. For instance, after Smith receives information about the marionettes, he nervously admits, you dont know what this means. Just a little respite. A night or so, once a onth even (159). This reveals that smith Is pleased to have finally found a way to escape his ongoing responsibilities as a husband, However, this also shows that he feels guilty and that he knows that it is ethically wrong to replace himself with a marionette In order to escape his own wife. In addltlon, when smith came home to find that his money was already missing and his wife not responding to him appropriately, he was shocked to discover that his wife was actually a marionette (160). This confirms his concerns about the ethical nature ot the robots, because he nows how It feels to be shunned and abandoned. This Is slgnlflcant because It shows how using technology to aid In avoidance can destroy relationships. Overall, not facing the expected responsibilities which come with all relationships will disrupt and possibly destroy any unity. Granting access to technology to overtake important aspects of daily life may end in disaster, as illustrated in the two short stories. Technology has the potential to be very helpful and useful, but often becomes counterproductive If relied on too much. Ray Bradburys The Illustrated Man: Complications that Humans Encounter By hudsone2989 future complications that humans may encounter. The Veldt and Marionettes, Inc. stories reveal how allowing technology to replace ones responsibilities can result in In The Veldt, technology interferes with how a family should behave. For example, while Lydia is discussing their Happy-Life Home with George, she reluctantly confesses, feel like I dont belong here. The house is wife and mother now and begins to feel insignificant in comparison to it. She is fully aware that her home has of the mess weve put ourselves in, the more it sickens me. Weve been contemplating our mechanical, electronic navels for too long (17). This displays that his familys frustrated with himself for having welcomed the technology into their home without any forethought. The parents have relinquished their responsibilities to technology, The characters in Marionettes, Inc. , Braling and Smith, attempt to escape their admits, mfou dont know what this means. Just a little respite. A night or so, once a month even (159). This reveals that Smith is pleased to have finally found a way to escape his ongoing responsibilities as a husband. However, this also shows that he marionette in order to escape his own wife. In addition, when Smith came home to (160). This confirms his concerns about the ethical nature of the robots, because he knows how it feels to be shunned and abandoned. This is significant because it shows how using technology to aid in avoidance can destroy relationships. Overall, very helpful and useful, but often becomes counterproductive if relied on too much.