Impact of Information Technology on Accounting Systems

ii DECLARATION I, NDAGIJIMAN Sun Rene declare that this Research report "the use of accounting information system in evaluation of the company" is my original work and has not been submitted by anybody, to any university or higher institution for any academic award.

Annals of Faculty of Economics, 2012

The use of financial and accounting computerized systems has a significant impact on the organization and management of the financial and accounting department, on the accounting work and profession, the management of the financial and accounting information, as well as on the financial and accounting control and audit. This study is the result of a research carried on in 25 business entities, regarding the impact of using computerized accounting systems on the accounting organization and management. With accounting's massive computerization and the development of intelligent systems, the accounting work and profession is seriously called into question, as they are significantly moving towards the synthesis, the analysis and the management of the accounting system.

International Journal of Innovative Research in Science, Engineering and Technology (IJIRSET), 2020

The technology world ever things have been improved and modified according to the needs of the user likewise accounting also improves year by years in the current scenario accounting work is simplified with technology. Most advanced technology like Artificial Intelligence, data analytical, cloud accounting software block chains create a change in accounting. Every technology has been a help to improve efficiency, reduce human power, and accurate. Technology makes the world on the internet-based working anywhere and any place.

International Journal of Advanced Trends in Computer Science and Engineering, 2019

Development of information technology doesn't limit only some of human life but it also includes all areas. Development includes all the categories including old traditional methods to new modern advance forms. The evolution and advancements have taken the business to several new levels for proving various opportunities. Previous days accountants had some special skills in mathematical calculations for performing new tasks but present day mathematical calculations are defiantly applied in accounting though accounting don't engage themselves in these kind of operations. Whereas information technology has environmental impact on both positive and negative side depending upon the growing population and comparatively more over on negative side. Hence this paper is attempted to role of information technology in accounting and accounting profession. It also discussed accounting profession in the future a head.

2013

This paper examined the importance of computerized accounting information system as an effective tool<br> for accurate and reliable financial reporting. An accounting information system is a system of collection,<br> storage and processing of financial and accounting data that is used by decision makers. Furthermore, in the<br> computerized system of accounting, the computer handles every step in the accounting process from<br> recording the financial transaction to preparing the financial statements. Also, the various benefits,<br> implications as well as the challenges of the computerized accounting information system were<br> accentuated. The paper also recommends a full fledge incorporation of the computerized system of<br> accounting into the curriculum of learning of Accounting students across tertiary institutions.

2019

Generally, ICT have improved the quality of professional services in the accounting organization. The study have achieved the level of accounting information systems usage, and the perceptions of TAM factors such perceived ease of use, perceived usefulness, attitudes towards use, and behaviors intention were determine. The usage of AIS performance of organization factors and social factors was also used to determined computerized accounting information systems in different financial institutions in South Africa. To attain this objective, a total of 104 were participated by survey questionnaires, usage of accounting information systems were majorities' staffs mainly. Hypothesis was tested; using paired sampled T-test and multiple regression analysis. Authors have found that all four TAM factors have significant influence in using computerized Accounting Information Systems in South Africa context.

International Journal of Accounting & Finance Review

The advancement in technology has enabled companies to generate and use accounting information system. Accounting information system (AIS) is a computer-based application which conveys a new inclination of change from the conservative method of accounting to a computerised method. These advances in information and communication technology (ICT) have reduced the time and cost of transactions by aiding increased and improved transactions and communication for business dealings. It has also improved and advanced the efficiency of businesses by computerising existing operations to improve the performance of their operations. Accounting Information Systems (AIS) can be used by the organizations as a device for achieving a stronger, reliable, and more corporate culture to survive in this competitive environment. Accounting information systems also assist companies to gauge the risk of some operations or predict future warnings using sophisticated statistical software applications. The ma...

In this research we will try to study the amount of information technology's effectiveness on the efficacy of accounting data and reports. By using statistical analysis methods and Freedman's test in order to classify the intended factors, we will study the effectiveness of information technology on factors such as in time supply and presentation of the data, the convergence of accounting data with changing economic conditions, the ease of interpreting the data resulted from qualitative desirability of the outputs, the managers' confidence on the appropriateness of the system, the variety and format of the outputs and the interference of the data related to decision-making. Here we have tries to select an appropriate sample of statistical society from among managers of companies accepted in bourse to assess the effectiveness of information technology on factors related to accounting reports. After analyzing the data, we concluded that on the whole information technology ...