Friday, December 20, 2019

Challenges and Opportunities of Computerized Accounting...

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 institution of learning for any award. Any other author’s work has clearly been indicated. Signature†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ APPROVAL I certify that Mr. Ahmed Qaalib†¦show more content†¦Accounting Today | | | |10.4. Computerized Accounting | | | |10.5. Manual vs. Computerized Accounting Sys. | | | |10.6. Comparison between Manual and Computerized Accounting System | | | |10.7. Manual Accounting System Model | | | |10.8. Computerized Accounting System Model | | | |10.9. Benefits of Computerized over Manual Accounting System | | | |10.9.1. Financial Reporting and its qualities | | | |10.9.2. Advantages and disadvantages of CAS | | | |10.9.3. Features of good CAS | | | |10.9.4. Characteristics of CAS | |Show MoreRelatedBenefits Of Using A Computerized Accounting System1247 Words   |  5 Pagesindependent CPA, and accounting software consultant, has several clients in her practice located in Louisville, Kentucky. XYZ Company has used the same journal and ledger manual system for more than twenty years. On the other hand, other small, medium and large business clients prefer an automated accounting system because of the advantages. In the end, independent accountants serve multiple types and sized businesses. Which accounting system is the best in a public accounting (CPA) environment;Read MoreThe Impact Of Information Technology On Accounting Activities1051 Words   |  5 Pagessociety, Accounting has experienced approximately several stages. In theses stages, the development of advance technology for accounting is so important that its influence could not be overlooked. In today highly competitive, dramatically changed global economy, rapidly fluctuated business market, organizations have been forced to consider how to use information technologies to hold advanced competitiveness. As introducing of these information technologies into organizations, accounting activitiesRead MoreEffects of Computerised Accounting to Performance of Financial Institutions16851 Words   |  68 PagesOBJECTIVES AND LIMITATION OF ACCOUNTING 17 2.2.1. Objectives of Accounting: 17 2.2.2. Limitations of Accounting: 18 2.3. The accounting cycle 19 2.4. FUNCTIONS OF ACCOUNTING 19 2.5. INTERESTED PARTIES IN ACCOUNTING INFORMATION 20 2.6. COMPUTER ROLES IN MODERN ACCOUNTING 21 2.7. THE MAIN ADVANTAGES OF COMPUTERIZED ACCOUNTING SYSTEM 22 2.8. BASIC REQUIREMENTS OF COMPUTERIZED ACCOUNTING SYSTEM 23 2.9. Data Processing Equipment 24 2.10. EFFECT OF COMPUTERIZED ACCOUNTING ON FINANCIAL REPORTING 24Read MoreAccounting And Payroll Application Software Packages Essay1494 Words   |  6 PagesThe accounting software, is a computer software that records and processes accounting transactions within practical components such as accounts payable, accounts receivable, payroll and trial balance. The software may be developed by the organization using it, may be purchased from a third party or may be a combination of both. Today’s packaged accounting software not only records financial transactions and produce accounting reports, but they include functionality for managerial decision makingRead MoreCase: Lipschultz, Levin Gray1591 Words   |  7 PagesChartered Professional Accounting (CPA) Company provides accounting, tax and consulting services to mid-sized and large privately held companies and to the individuals that own and manage these enterprises. Stephen P. Seigel is the CEO facing new yet challenging ta sks. He assures that LLG’s clients have the best professionals working for them. It has the resources to service other company as it grows and develops in complexity. Over 50 years of services for the accounting, tax and consultancy needsRead MoreInformation Technology And How Big Data Will Change Accounting1166 Words   |  5 Pagesadvance, businesses and organizations grow more dependent on information systems that hastens the procedures for accessing, processing and storing data. The advancements of information technology (IT) raises a question as to whether auditing standards have kept up with the increase use of technology. No, auditing standards have not kept up with the use of information technology. The article, How Big Data Will Change Accounting, (as cited by Cukier and Mayer-Schonberger, 2013) shows growth in the useRead MoreApplication of Ict on Accounting4286 Words   |  18 PagesApplications of ICT in Accounting. Accounting records have been maintained only on a manual basis for a period now. The bookkeeper or the owner is required to fill a paper source document for each sale or receipt, and then work overtime writing the transactions of the day or week in special journals, stock cards, and debtor and creditor records. This obviously took some time, time that would otherwise have been spent operating the business. The business also pays extra money to account officersRead MorePayroll Accounting5425 Words   |  22 PagesMZUMBE UNIVERSITY FACULTY OF COMMERCE A RESEARCH PROPOSAL ON; EVALUATION OF THE EFFECTIVENESS OF THE COMPUTERISED PAYROLL ACCOUNTING SYSTEM A CASE STUDY AT THE MINISTRY OF HOME AFFAIRS DAR ES SALAAM BY HASSAN MOHAMED HANGAI BACHELOR OF ACCOUNTANCY AND FINANCE (B.A.F) OCTOBER 2010 A RESEACH PROPOSAL TO BE SUBMITTED IN THE PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF A DEGREE ON BUSINESS ACCOUNTANCY AND FINANCE AT MZUMBE UNIVERSITY MOROGORO-TANZANIA 1 TABLE OF CONTENTS 0.0 MEANINGRead MoreEconomic Growth Of Latin America1623 Words   |  7 PagesLatin America region has witnessed swift adjustment economically and politically in the recent years which accelerated it’s opportunities of trade with Australia. The acceleration in economic growth of Latin America has created demand for diversified products in the region which has further created demand for advancement in technology and processing has opened opportunities for Australian companies rather than providing competition. TARGET INDUSTRY: Being the one third producer of cooper in theRead MoreManagement Information System : An Organization1256 Words   |  6 Pagesinformation system refers to the science and art of collecting, storing, gathering, disseminating and analyzing information that help in decision making when dealing with management of an organization. The emphasis of management information is to improve the operation and production of a given company through the help of information technology. Currently, there is more emphasis on computer networks, database systems, human-computer interaction, security of information, intelligent systems, e-commerce

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.