Processing can be shown through the use of flowcharts or business process maps that define the system logic, operations, and work flow.
The answer to this would be cognitive development.
The analysis phase requires a thorough evaluation and documentation of the accounting and business processes in use by the organization.
The main categories of accounting include financial accounting, management accounting, and cost accounting. Financial accounting focuses on recording and reporting financial information for external users. Management accounting provides financial information to internal decision-makers and helps in budgeting, planning, and decision-making processes. Cost accounting analyzes the cost of manufacturing a product or providing a service. These categories are interrelated as the information produced in financial accounting is used by management accounting for decision-making, and cost accounting employs the techniques and information provided by both financial and management accounting.
Accounts is the language of business. It records and processes the business transactions and generates useful information for the managers and stockholders. Reference: http://www.gripaccounting.com/financial-accounting/introduction/
The Industrial Revolution resulted in increased volume in all areas of the production process. Accounting processes had to become streamlined to keep up with the flow of raw materials and finished goods.
Files no longer need shuffled through. They are easy to access and can be stored properly with out disclosure of information.
Computerized accounting packages are those packages which perform all accounting transactions automatically and not each transaction or process is need to be done manually and all processes are automated due to which there is less chances of errors as all information is managed automatically.
The information-processing theory attempts to explain cognitive development by observing and analyzing mental processes involved in perceiving information, storing information in memory, and using that information to solve problems. Social cognitive theory, on the other hand, focuses on how cognitive processes are influenced by social factors, such as observational learning and modeling.
* Prototyping * Pre-written software * Software houses/ bureaus * End-user development * Re-engineering business processes * Applications development tools * Outsourcing the operation or development of the information system
below to illustrate our standard deep etching and optional color fill processes.
Management accounting helps managers determine where their departments can be improved. Accounting reports help managers know what weaknesses exist in their processes.
management accounting information is vital in any business from the sole proprietor to the international corporation. The data will provide the company with information which tells them where the money is going - coming from, It also ensure that correct legal accountancy processes are followed which can, if broken mean the directors / owners are found guilty cause them to be imprisoned