Technology-Based Information Systems and Accounting
Not what you're looking for?
How do technology-based information systems affect accounting. What impact have they had on the role of accounting in business?
Purchase this Solution
Solution Summary
This solution discusses technology based information systems and provides examples of their impact on accounting processes in business in 359 words. Two references are provided to aid in the understanding of the solution.
Solution Preview
Technology-based information systems have had a significant impact in many industries; accounting being no exception. Prior to the utilization of such systems within the accounting profession, data collection was manual, tedious, and time consuming. Because of the nature of such methods, mistakes were commonplace and additional quality control checks were necessary to eliminate errors. This required additional manpower, and, oftentimes, a higher degree of skill.
With the advent of modern day, computer-based information systems, data collection became more mechanized with computers being able to merge data of differing formats into a single, ...
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.