Information System In Accounting

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The Implementation of Information System in Accounting Practices Abstract This study aimed to identify the implementation of the information system in accounting practices, and its relationship with the quality of accounting outputs (information) and the internal control. To achieve the goal of this study, the proponent looks for some related research to come up with the topic. The proponent also interviewed some accountants to know about their experiences in using the automated process of accounting. And also the proponent aims to know how to understand and to apply the gathered information. And also the effects of implementing information technology in accounting practices to the accountants and to other users that will going to use…show more content…
Therefore, accounting seeks to take advantage of the surrounding circumstances in order to improve the quality and quantity of information and the delivery mechanism trousers. The relationship between accounting and the computer started in sixties of the last century, the relationship between the two continued to evolve. It is the measurement methodology and communication system designed to produce selected quantitative data (usually in monetary terms) about an entity engaged in economic activity. Alternatively, accounting has been described as the art of classifying, recording, and reporting significant financial events to facilitate effective economic activity. Methodology Research Methodology Accounting System is useful software, because it can help the user to make their works easily and can use a little time. Unlike of using the manual process of the accounting process, it takes a lot of time. There are also some disadvantages in using the manual process like loss of data, data and hard time in searching for the data. It can also takes a lot of risks. Here is the manual process flow of the accounting practices that accountant uses. This is shown in Figure 1; Figure 1 Process Flow Diagram of Accounting Practices The figure above shows the process flow of accounting practices that accountant uses. Here is the another process flow,…show more content…
Users can add and modify the supporting documents, and account classification. It can also generate and post the following reports; Balance sheet report, Income statement report, Capital statement report, Statement of cash flow and trial balance. And can list the sales and purchase orders. Conclusion The study introduces good result of implementing information technology in accounting practices, by teaching the users on how to use the automated accounting system. it is also give an idea to understand the issues and problem related in data quality. It also helps the users to know how to secure records in an Accounting system. Also introduces the steps on how to maintain an equality of debit and credit balances among the accounts. Improve knowledge on how to generate reliable and timely financial reports pertaining to each accounting period will be tackle. References: • http://www.encyclopedia.com/topic/accounting.aspx • http://www.erpinsights.com/implement.htm •
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