Accounting is an information system for measuring, processing and communicating information that is useful in making economic decision.
Every business is conducted to make profit. Accounting knowledge is there to assist the business man to assess whether the business is making profit or loss. In accounting brings discipline on how to source money, how to spend and how much to save. Accounting ensures consistency in the treatment of various transactions. Accounting involves gathering of financial data, recording classifying, summarizing and communicate the results to the owners of the business, or to others allowed to receive this information.
Accounting should not be confused with Book keeping as Book keeping is the part of accounting concerned with recording of financial data. Book keeping is the process of recording data relating to accounting transactions in the books of accounts.
cloud based accounting information system
what is the flow of data in a computerized accounting information system
what is the flow of data in a computerized accounting information system
Following are the users of accounting information systemmanagementemployees etc.
An accounting information system will help businesses become more organized financially. An accounting system can make also make mistakes that employees won't catch.
how to explain an accounting system used for our company to auditor
financial accounting system
accounting information system?
accounting is a interesting field and it is a business transaction and preparation financial statements and accounting information system it is a system of information provides.because of information provides the management can control a business. writer, sakibrubel
cloud based accounting information system
list of various process of accounting information system
what is the flow of data in a computerized accounting information system
what is the flow of data in a computerized accounting information system
The major difference between management information system and accounting information system is the method of accounting. The latter is performed by software, while the former is the system of how the records are kept.
Following are the users of accounting information systemmanagementemployees etc.
cloud based accounting information system
Generally accounting information systems are a computer-based system of tracking financial activity in a company, and presenting that transactions in a organized financial statement. Currently, accounting software can be purchased off the shelf, which is much cheaper than when it had to developed by the company.