Questions On Accounting Information Systems

However, research focusing on the adoption of cloud computing technology and its impact on business operation is limited. This trend may be explained by cloud computing being a relatively new field. Available research on the structures, processes, security measures surrounding the cloud services are still at an early stage.

In this article, “Cloud Computing for Increased Business Value” by Abdulaziz Alijabre uses facts and provides statistical data to prove his knowledge in Cloud Computing. Through it, he can provide logical information on how using cloud computing can help small business grow and outweigh their competitors.

Services such as, data storage and security, are provided by cloud computing over the internet. In cloud computing, users can pay for what they consume (Bisong & Rahman, An Overview of the Securtiy Concerns in Enterprise Cloud Computing, 2011). Cloud computing is an emerging information technology, which can make it easier for the users to manage their data. Cloud computing allows businesses to expand as new cloud-based models are being discussed and implemented as solutions (Bamiah & Brohi, 2011).

According to Investment Business Weekly, it was in 2010 when cloud computing really took off and NetSuit Inc. and IMA began promoting the new system to financial firms. This shows us just how new cloud computing is. In addition, it is not only the newest system out there, but it does have a lot of benefits, which will be discussed later in this paper. According to the Financial Executive, cloud computing is already popular for usage with financial reporting and analytics (Bres). However, while financial firms are slowly adapting the cloud computing system, there are still some doubts from financial specialist about a system very different from anything they have worked with before. This brings up some problems, which will be discussed in the third section of the paper.

Accounting information systems (AIS) are useful instruments businesses use in the management of business activities. The kind of system installed depends on the size, nature of a business and the objectives managers have. One common objective though is that to minimise cost and increase

Accounting information system is an extremely important role in the enterprise management. As technology advances, the system software is constantly improving, constantly enhance the function of the system, thus improving the efficiency of enterprise management. Accounting information system network and multi-function trend is more obvious, how is the fastest way to management to provide the latest information to help decision-makers analysis, forecasting, decision-making, improve operational efficiency, will be the greater challenges of the accounting information system. This study research and explore seven aspects of the accounting information system, we trying to find out that suits your needs accounting information

The difference between distributed computing with individualized computing is that the cloud technology gives an extensive variety of capacities. The usage of cloud built solutions depends on different elements, for example, the division in which the business works; the practicality of porting existing parts on cloud, size of the organization, and the area of customers and so on. It helps in reducing the time required as well as minimize the fixed cost of the company. Therefore, it is not logistic to make a single explanation of implementation of cloud computing technology. For example, a newly started company can adopt the cloud based solution easily but it is difficult for existing firms to shift their supply chain to cloud technology. Let consider a business has both ERP and CRM solutions, as concern from security view the business may move their CRM to cloud while store ERP in house server.

Also this papers tackles how these information systems brought Walmart to where it is today and that is at the top of Fortune 500s list for 2 years in a row. Another topic covered would whether these systems are suitable in the long-run. Putting importance in information, this paper also discusses the measures being implemented by organizations to safeguard their information from unauthorized personnel. And at the end, this paper will evaluate the possibility of cloud computing for Wal-mart, its advantages and disadvantages, and the future of computing in the clouds.

The advancement of technology initiates business firms to seek for new innovations that would greatly help in business functions. As what Dillon and Kruck (2004) had explained, “at the start of the 21st century, business organizations are facing an explosion of global competition and innovation and facilitating this explosion is the increasing ability of organizations to make good business decisions based on the large amounts of information their enterprise produces”. In this environment, it is necessary for a successful business to integrate information technology into its basic process. And with

One negative is that if there was a security breach, all of the information would be in one place. Also, if you do not have internet available where you are, you cannot get into the access the server. Even with these negatives, the significantly less risk associated with using the cloud makes it a necessity for most if not all accounting firms and businesses. The next new accounting technology method that is positively impacting the accounting world is the use of Optical Character Recognition.

This purpose of this research report is to look at what cloud computing actually means in the business environment and how cloud computing’s used as a partial or complete replacement of organizational traditional system architecture could impact the prevailing organizational culture. This report will also help us understand the likelihood of cloud computing adoption in organizations as it’s relates to a particular holistic corporate culture model. The findings can support a convincing argument on why businesses should adopt a cloud computing strategy.

implementing time for Cloud technology, how much store space that a company needs, and privacy and security issues2. For some existing SMEs, it is difficult for them to change from their original environment to this cloud-based business environment.

Similar to centralised inventory data, orders and payments, cloud-based accounting and reporting give the company the ability to perform accounting and reports for all shops at central location using single system.

As the world today become borderless and free when it comes to businesses, business-oriented people need to adopt an Accounting Information system that will satisfy the needs for their business’ success. The basic Accounting Information Systems that are present as of today are the Manual Accounting Information System (MAIS) and the Computerized Accounting Information System (CAIS); these are the systems in which the owners of the business need to evaluate to suit their organization. Choosing an Accounting Information System might be one of the most critical decision a business can deal with, that is why one business must weigh the advantages and disadvantages of both Accounting Information Systems and why would they need to be equipped with

Cloud computing is one of the newest major evolutions in the technology industry. It is a paradigm where computing resources become available at any time, from anywhere just having an Internet connection. The cloud eliminates the need to be physically close to the hardware containing the data user wants to obtain. It can own both hardware and software necessary to run business applications. Cloud service also reduces costs for a company, by excluding the need to buy additional servers and memory storages. Furthermore, because this method of computing uses the pay-as-you-go payment method, it charges organisation based on the usage. This means that business can purchase more space or reduce their subscription as it is required