Modern accounting systems achieve accounting needs while contributing improved accurateness in surveying trends, allowing collaboration and giving rapid access to records. Modern accounting systems interweave traditional processing of data and the advanced inputting methods. New systems help management increase their time and profits while spending less. According to the text accounting is “the information system that measures business activity, processes the data into reports, and communicates
Words: 265 - Pages: 2
Armadas, 1649-026 Lisboa, Portugal. 2 UNIDE Researcher. 3 Manchester School of Accounting and Finance, University of Manchester, Manchester, M13 9PL, UK. * The authors wish to thank Bob Scapens, Sven Modell, Salvador Carmona, Angelo Riccaboni, John Burns, Mahmoud Ezzamel, Caroline Lambert, Rui Vieira, Aldónio Ferreira, and other participants at the EAA Congress 2002 and IPA 2003 for comments on earlier versions of this paper, and Joao Ribeiro and Jodie Moll for their insights on institutional theory
Words: 17388 - Pages: 70
Science (SG) Tertiary Education Studies Completed 1. Institution: Varsity College Qualification: Management Accounting and Finance (Diploma) Year of Graduation: 1998 2. Institution: Atcor UK Qualification: Accounting Technician (Diploma) Year of Graduation: 2008 Major Subjects: Financial Accounting Cost accounting Taxation Studies in Progress 1. Institution: UNISA Qualification to be obtained:
Words: 3074 - Pages: 13
development of one set of globally accepted accounting standards. Since the formation of the International Accounting Standards Board (IASB) in 2001, SEC leaders have repeatedly indicated that the logical choice for globally accepted standards is the International Financial Reporting Standards (IFRS) issued by the IASB. However, in line with other large economies, such as Japan, India and China, as of June 2012 the US had not adopted IFRS.1 This paper explores when and how, and indeed if, IFRS will
Words: 14732 - Pages: 59
Abstract XBRL (eXtensible Business Reporting Language) is a standard XML reporting language to enhance the efficiency, reliability and accuracy of financial reporting. Since its foundation in 1998, XBRL has been developing rapidly in the world. This paper teases out and discusses the literature researches of XBRL from 6 aspects: the production bases of XBRL, the effect of XBRL, the classification criteria formulation of XBRL, the auditing assurance of financial reports based on XBRL, the implementation
Words: 5525 - Pages: 23
IN ACCOUNTING EDUCATION: CONTRIBUTION OF THE ISLAMIC PRINCIPLE OF MAêLAîAH Abdul Rahim Abdul Rahman Assistant Professor, Department of Accounting, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia, Jalan Gombak, 53100 Kuala Lumpur, Malaysia. (e-mail: abdulrahim@iiu.edu.my) ABSTRACT There is a growing concern over the apparently low moral standards of some accountants and an increasing number of academics who suggest that the education system should
Words: 6717 - Pages: 27
Accounting Standards Boards Paper Jacobian Stephens ACC/541 June 29, 2015 Mrs. JoEtta Malone Accounting Standards Boards Paper The Financial Accounting Standards Board (FASB) started the Convergence program back in 2002 and stated that a three-part strategy for seeking greater comparability in accounting standards internationally should be implemented.. FASB sought out to develop a higher quality for Generally Accepted Accounting Principles (GAAP) standards and improve the relations and
Words: 1099 - Pages: 5
Scenario: The Guillermo Furniture Store The University of Phoenix Scenario: The Guillermo Furniture Store The purpose of this paper is explain how Guillermo could use budgets and performance reports in the decision making process. This paper will also cover how ethics might influence his accounting decisions. Another part of this paper will explain what accounting information is most relevant for Guillermo to consider when making decisions.. Guillermo will use budgets and performance reports
Words: 857 - Pages: 4
Codification System Orientation Paper Joel Bermudez ACC/497 January 28, 2015 Nanette Morrow In a constant developing economy and globalization, a need was created to make a guideline for an easier, clearer, and useful financial reporting system. For this purpose, the Financial Accounting Standards Board (FASB) created the Accounting Standards Codification that was launched on July 1, 2009, for interim and financial reporting after September 15, 2009. The Financial Accounting Standards Board
Words: 502 - Pages: 3
the study, design, development, implementation support and/or management of any computer based information systems. This is related particularly to the use of computer hardware and software. It primarily deals with the use of computers and programs to process, store, protect and retrieve information (Hill, 2008). Today, this technology is widely used in global marketing and accounting systems as it helps in speeding up processing and storing information. Technology in marketing cannot be only used
Words: 383 - Pages: 2
