Ict an Important System in the Processing of Accounting Information
PROJECT PROPOSAL
TITLE: ICT AND ACCOUNTING INFORMATION
INTRODUCTION:
We are in an era referred to as the JET AGE; an era where people are no longer interested in cars; they will prefer to fly, why? Basically because it is more comfortable and faster. An era that people will not want to try by guess work, everyone wants to be sure of the outcome of their actions. It is a generation that pays attention to speed and accuracy.
It is pertinent to account for our resources as humans either as individuals or as a group hence the need for the preparation of accounting information and such information can become so voluminous over time but humans as a matter of nature, have limited speed and retaining capacity especially when it has to do with figures and are prone to mistakes every now and then. This brings to the mind of every concerned individual the question; how can accounting information irrespective of their volume be processed with the fastest possible speed with little or no error? As a result of technological advancement, the first thing that comes to mind when such a question is raised is Electronic Data Processing Method. (EDP which gave birth to ICT)
MOTIVATION:
Accounting and Information technology have been around for a long, long time. Basically as long as people have been around, there has always been the need for accountability of personal or joint resources and also, rendering of stewardship to superiors, top family heads and co-owners as the case may be. Also, there has always been ways of communicating through technology available at each point in time. There are 4 main ages that divide up the history of information and communication technology. Only the latest age (electronic) and some of the electromechanical age really affects us today.
The subject of Accounting Information and ICT is interesting because it cuts across every length and breadth of human activities since ACCOUNTIBLITY is one foremost issue to be considered both in governmental
TITLE: ICT AND ACCOUNTING INFORMATION
INTRODUCTION:
We are in an era referred to as the JET AGE; an era where people are no longer interested in cars; they will prefer to fly, why? Basically because it is more comfortable and faster. An era that people will not want to try by guess work, everyone wants to be sure of the outcome of their actions. It is a generation that pays attention to speed and accuracy.
It is pertinent to account for our resources as humans either as individuals or as a group hence the need for the preparation of accounting information and such information can become so voluminous over time but humans as a matter of nature, have limited speed and retaining capacity especially when it has to do with figures and are prone to mistakes every now and then. This brings to the mind of every concerned individual the question; how can accounting information irrespective of their volume be processed with the fastest possible speed with little or no error? As a result of technological advancement, the first thing that comes to mind when such a question is raised is Electronic Data Processing Method. (EDP which gave birth to ICT)
MOTIVATION:
Accounting and Information technology have been around for a long, long time. Basically as long as people have been around, there has always been the need for accountability of personal or joint resources and also, rendering of stewardship to superiors, top family heads and co-owners as the case may be. Also, there has always been ways of communicating through technology available at each point in time. There are 4 main ages that divide up the history of information and communication technology. Only the latest age (electronic) and some of the electromechanical age really affects us today.
The subject of Accounting Information and ICT is interesting because it cuts across every length and breadth of human activities since ACCOUNTIBLITY is one foremost issue to be considered both in governmental
References: The references for this proposal which also will be used and included in the main project include but not limited to; * Fundamentals of Data Processing by Oladipupo A O., Ilaboya O J and Emeni F. K. – Anointed Publishers * Computer-Based Financial Accounting by Oladipupo A O., Mgbame C. O., Omokhudu O. O. – Anointed Publishers * Information Processing System by Oladipupo A O., Ilaboya O J – Mindex Publishing * Introduction to Information and Communication Technology in Education (Moursund) * Nigeria.smetoolkit.org * www.tcf.ua.edu/AZ/IT_History_Outlines.html * En.wikipedia.org/wiki/Harvad_mark_I * www.caret.iste.org/index.cfm