ABSTRACT The study aimed at assessing the effectiveness of computerized accounting systems in organizations (the general objective of the study). It employed a case study design and Ministry of Finance and Economic Affairs was chosen as the case of the study. Various literatures were consulted to get the theoretical and empirical thoughts of stupendous authors about the topic under study to help the researcher craft and refine her methodology. Questionnaires‚ documentation and interviews were
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Accounting Information Systems ACCOUNTING SYSTEMS‚ INTERNAL CONTROLS‚ AND ETHICS Prepared for the course team by Vimlesh B. Narayan Unit 1 Contents Unit 1 Contents 2 Concept Map 3 Learning Outcomes 4 1.1 Introduction 5 1.2 Accounting System Design 6 System Objectives and Design Factors 6 Designing the System 8 1.3 Internal Control Systems 17 Objectives of Internal Control Systems 17 Structure of Internal Control Systems 18 Why You Should Consider the Components? 21 Internal
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INTRODUCTION Accounting is an instinct part of a business‚ owners and other interested parties want to know whether they are making a profit or not through the use of either Manual accounting System or the Computerized System. Historically‚ accounting was a manual process where in the well known father of Accounting‚ Luca Pacioli‚ developed the double entry bookkeeping system in 1494 using debits and credits to manage company. The manual process uses paper ledgers and journals where accountants
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Challenges and Opportunities of Computerized Accounting System Ahmed Qaalib Ismail BCom & BIT Reg.No: HK-MBA-01411 This Thesis submitted to Kampala University Impartial fulfillment of the requirement for the award of the Master of Business Administration Kampala University 08/04/2013 By: Ahmed Qaalib Ismail DECLARATION I‚ Ahmed Qaalib Ismail‚ declare that this research report is my original work. It has not been submitted to any other university or higher
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An accounting information system (AIS) is a structure that a business uses to collect‚ store‚ manage‚ process‚ retrieve and report its financial data so that it can be used by accountants‚ consultants‚ business analysts‚ managers‚ chief financial officers (CFOs)‚ auditors and regulatory and tax agencies. In particular‚ specially trained accountants work with AIS to ensure the highest level of accuracy in a company’s financial transactions and recordkeeping and to make financial data easily available
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An accounting information system (AIS) is the system of records a business keeps to maintain its accounting system. This includes the purchase‚ sales‚ and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors‚ creditors‚ and managers) with information to make decision While this was previously a paper-based process‚ most modern businesses now use accounting software such as UBS‚ MYOB etc. Information System personnel need basic
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AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY History has it that the concept of accountability of public funds dates backs to the history of ancient Greece. As old as theory is‚ it would not be erroneous to say that the idea has been equally lost to antiquity although not much is known about it‚ this makes the subject‚ government accounting to remain a myth. Accounting in the public sector has received such a wide attention from
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The Basic Functions of an Accounting Information System. An accounting information system (AIS) provides financial information about a business. This information helps managers plan and control operations and provides reports to outside parties such as stockholders‚ creditors and government agencies. Parts of an accounting information system might include financial reporting‚ cost accounting‚ management accounting and enterprise resource planning (ERP). A well-designed AIS gives a business
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Contents Introduction 2 The definition of Confucianism 2 Implications of Confucianism for East Asian accounting 4 The reform of Chinese accounting 5 The influence of Confucianism in Chinese accounting 7 1.) The Government 7 2.) Accounting Ethics 7 3.) Conservatism 8 Japanese Accounting and Confucianism 8 Conclusion 11 References 13 Introduction In order to understand the present day accounting methods and principles of China and Japan it is essential to understand the history of both of these
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1. Discuss the origins of the technology make the current accounting system available. 2. Define an accounting system. An accounting system is a system that identifies‚ records‚ communicates information that is relevant‚ reliable‚ and comparable about an organizations business activities. 3. List and describe the components of accounting information system. Technology People Data Input and Output Internal Control 4. Discuss the FASB conceptual framework. Assets: A resource
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