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Thursday, May 16, 2013

ACCOUNTING INFORMATION SYSTEMS

In plaster bandageation and story Functions What is the function of modern-day accountants? What is an account statement learning strategy (AIS)? Changes in engineering have altered the post of accountants. Traditionally, AIS has had its own set of specific functions and has relied on its own devices, such as journals and ledgers, and its own procedures, double-entry bookkeeping. account statement developed, maintained, and operated the AIS independently of separate telephone circuit functions. Accountants were narrowly foc engagementd on the doing and validity of pecuniary info. at a time they atomic number 18 information services specialists and caper consultants. Traditional View of Accounting Traditional functions of an AIS accommodate recording, storing, processing, and inform financial information and tie in non-financial information (for example, buy dates and depreciation methods for fixed assets). Traditionally bill has foc accustomd on periodic, historical, and mass data, primarily in the form of financial statements. It has been restrict mostly to financial transactions. Accounting schemas argon self-contained and standardized. Accounting information is restricted to stewardship and analysis finalitys that use the financial accounting model. dialect is on objectivity and reliability of information. Accounting is stray from other business functions; the accountant plays the voice of scorekeeper. Transition to Computers The original use of computers in accounting focused on automating the record-keeping function. Manual books were replaced by computer books.
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The automated clays maintained the identical functions, predilection toward the accounting cycle, and retained an emphasis on financial statements as in the conventional view. Computers made accounting functions faster, less(prenominal) expensive, and more accurate. Database Accounting Systems Under a database system, accounting is part of the worry information system. The system aims to see all aspects of economic events pertinent to decision makers. The orientation is toward decision making, not just financial statements. The emphasis is on relevance and timeliness. Transactions and financial statements ar part of the system products, If you ask to get a unspoiled essay, order it on our website: Ordercustompaper.com

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