FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Prompt: Accounting information systems became more and more sophisticated and eventually evolved into enterprise resource planning systems. At the same time this was happening, computers were replacing many of the repetitive tasks formerly accomplished by accountants. The accounting profession changed dramatically from one dominated by transaction recording and external financial statement preparation to one where accountants were full decision-making and decision-support team members. Has the profession kept up with these changes? Are the expectations of students entering the profession different than they were before this change? Response Parametersarrow_forwardAccountants play an important role within an organization. Without the proper tools and resources, they would not be as efficient or effective in their jobs. Discuss the value that an AIS system brings to an organization. In what ways do accounting information systems enable companies to not only become more productive but also provide the ability to compete with others on a global scale?\\nProvide 2-3 ways in which you have experienced the value of AIS from a professional or personal level.arrow_forwardi. Briefly inform these stakeholders of the benefits of automation on the current business processes within the organization, specifically referencing the benefits of using a spreadsheet solution and how easy it was to process data to derive the information presented in the report. ii. Give a brief analysis of the data found in the chartarrow_forward
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