NATIONAL OPEN UNIVERSITY OF NIGERIA SCHOOL OF MANAGEMENT SCIENCES COURSE CODE: ENT432 COURSE TITLE: INTERNATIONAL ACCOUNTING SYSTEM ENT432 INTERNATIONAL ACCOUNTING SYSTEM Course Developer/Writer A. I. Ehiagwina School of Management Sciences National Open University of Nigeria Lagos. Course Editor Dr. I. D. Idrisu School of Management Sciences National Open University of Nigeria Lagos Course Coordinator Mrs C. Aturu-Aghedo School of Management Sciences National Open University
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and has proven to be a solid force in both the world economy and in the field of accounting. • History and Federal structure The isle of Australia was discovered in 1522 by British explorers and was originally called New Holland. It was designated by the British government to be a penal colony. The name was changed to Australia in 1817 and in the 1809 settlement ceased to be a penal colony. Independence from the British Empire was attained in 1901 although Australia still recognizes the British
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Accounting Information System Overview a) Define Accounting Information System (AIS) (3 marks) An accounting information system is a collection of data and processing procedures that creates needed information for its users. It also can define as the information subsystem within an organization that accumulates and processes information from the entity’s various subsystems and communicates this information to the organization’s users. b) Compare and contrast between
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Kudler Accounting System The accounting system is a crucial part of the business operations systems. The current accounting systems‚ while comprehensive‚ are lacking some key features that could increase benefits and reduce losses. The accounting information systems are used to gather financial data and provide information for internal and external decisions. These decisions include marketing‚ purchasing‚ payroll‚ investments‚ sales‚ and accounts‚ both payable and receivable. The purpose of a new
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Abstract This report reviewed the organisations risk management system to identify the obstacles between what the organisation has in place as to what it needs to achieve its OHS objectives. The report after evaluating existing practices and needs highlight the differences between these two positions‚ extrapolating the details needed to build and maintain an appropriate risk management system RMS that includes a systematic risk management process. The observation and reviewing process of the
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Kudler’s Internal Controls and Risk Evaluation When first evaluating Kudler’s‚ one will think they have everything need to have successful internal controls and risk evaluation. Unfortunately as you evaluate their information‚ they lack many internal control and risk evaluations need to properly run a system. Many of the controls need to have simple corrections like balance of cash drawers and bank deposit. To writing and enforcing policy and procedure to the finance and accounting security to using
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outpatient locations across the United States. In 1992 Scrushy’s pay had increased to $1.2 million. 1993 was another year for growth for HealthSouth. In 1993 HealthSouth became the largest provider of rehabilitation services after acquiring rehab clinics from Tenet healthcare. In addition in 1993‚ Scrushy and others founded Med Partners‚ Inc.‚ a physician management company. This company did very well until 1998 when a merger deal collapsed. Scrushy hired a new CFO who transformed the company into Caremark
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Discussion 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‚ “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 organizations
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An accounting information system is system that keeps record for a business to maintain its accounting system. Accounting information systems combine the study and practice of accounting with the design‚ implementation and monitoring of information systems. The use of such systems uses modern information technology resources together with traditional accounting methods to provide the users with the necessary information to manage their Organisation. Accounting information systems has its strengths
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INFORMATION SYSTEM CONTROLS Information system controls arc methods and deviccs that attempt to ensure the accuracy‚ validity‚ and propriety of information system activities. Controls must be developed to ensure proper data entry‚ processing techniques‚ storage methods‚ and information output. Thus‚ information system controls are designed to monitor and maintain the quality and security of the input‚ processing‚ output‚ and storage activities of any information system. 1 lave you heard the phrase
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