CPA's Use Of Accounting Information Systems Tools (original) (raw)
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Journal of Accounting and Taxation, 2020
One of the major advancements in information technology (IT) is the use of IT tools to perform accounting functions and processes. In this paper, we provide discussions on how IT has affected the accountancy profession. We argued that the traditional duty of accountants is the preparation of financial statements, and consequently, several tasks are carried out throughout that function. In the pre-IT era, accountants were faced with delays in transaction processing and reporting, continuous errors and misstatements, and difficulty in storing large data on papers. However, following the emergence of sophisticated IT tools, accountants in the IT era are now able to prepare and present financial statements more timely and accurately. The availability of the internet has also increased access to financial reports by external users. This paper further argues that in light of the continuous advancements in IT, future accountants and accounting processes are likely to; be cloud-based, communicate with and through Artificial Intelligence machines; invest in Big Data and cyber-security, and explore the potentials of Virtual Reality and Augmented Reality in meeting users' information needs. Hence, accountants and accountancy firms are advised to embrace new IT skills and tools, and keep up with technological trends.
OAlib, 2018
The purpose of this study is to know the role and importance of computerized accounting information systems in Libyan commercial banks and to know the importance of participation of accountants in the planning and analysis stage, design stage and application stage of these systems. This study also aims to evaluate the performance of computerized accounting information systems in Libyan commercial banks by applying the most important variables that deal with this aspect, where (180) questionnaires were distributed to a sample of accountants working in Libyan commercial banks. And data is analyzed by regression analysis and t-test. The study concluded with a set of results. Based on this, the researcher formulated a set of recommendations, which both will show at the end of the research. And the study concluded that the effect of the participation of Libyan accountants working in commercial banks in the development of computerized accounting systems has affected the success of computerized accounting systems only in the application stage, unlike their participation in the planning and analysis stage, and design stage that according to the results of this study both of them have no effect on the success of these systems.
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This study aims to understand users and information system designers in designing and implementing relevant accounting information systems. Qualitative research is selected using an interpretive approach that focuses on exploring awareness from the perspective of users and accounting information system designers. The results showed that system users realized the importance of using accounting information systems to anticipate the number of transactions and errors in recording. From the system designer side, the designed information system must adapt to the conditions and culture of the system users. The relevant accounting information system occurs when the system implementation is based on mutual understanding and commitment between the user and the system designer. Keywords—component, accounting information systems, relevant, system designer, system users, interaction, commitment
Relevant Accounting Information Systems
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This study aims to understand users and information system designers in designing and implementing relevant accounting information systems. Qualitative research is selected using an interpretive approach that focuses on exploring awareness from the perspective of users and accounting information system designers. The results showed that system users realized the importance of using accounting information systems to anticipate the number of transactions and errors in recording. From the system designer side, the designed information system must adapt to the conditions and culture of the system users. The relevant accounting information system occurs when the system implementation is based on mutual understanding and commitment between the user and the system designer.
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THE ROLE OF COMPUTERIZED ACCOUNTING INFORMATION
This study aimed to identify the role of computerized accounting information systems in reducing the costs of medical services provided at King Abdullah University Hospital. The study sample consisted of 36 employees including the administrative & financial director, the head of the accounting department, information systems personnel, and accountants. The study adopted the theoretical and field approaches of the descriptive analytical methodology. The study findings showed that there is a significant role for computerized accounting information systems in the reduction medical services costs at the hospital. It illustrated a positive correlation between each component of accounting information systems (human resources, hardware and equipment, software, databases, and procedures) and the reduction of medical services costs at the hospital. The study recommendations included retaining the highest levels of computerized accounting information systems through keeping up with the latest developments in the fields of software, hardware and databases, conducting regular maintenance which helps raise the level of services provided to patients at King Abdullah University Hospital, developing work procedures along with the progress of computerized accounting information systems, and conducting more research on the role of computerized accounting information systems in reducing the costs of medical services at other hospitals which were not included in previous studies such as the University of Jordan Hospital and private hospitals.
The Practice and Prospects of Accounting Information Systems (AIS)
The accumulation, storage and handling of budgetary and bookkeeping or accounting information/data that is utilized by leaders or decision makers. An Accounting Information System (AIS) is by and large a PC based system for following accounting activity in conjunction with data innovation assets. The subsequent factual reports can be utilized inside by administration or remotely by other invested individuals including financial specialists, banks and duty powers. We outline the present and prospect position of (AIS) by analyzing the key commitments of clerks (accountants) and cash related or finance specialists. While a couple of these commitments are starting now suitably reinforced by standard development answers, others address defies that still not have fitting clarifications and thusly ought to be the focal point of prospect investigation. We expect prospect creative reactions to this concern area defies. The recognized advances fuse business Process Management (BPM), Cloud computing, mobile phones, Big Data, Computer assisted tools and techniques, enterprise application integration, web services, business intelligence (BI) mobile computing (MC), environmental scanning.