Purchase Solution

Identification and evaluation of new and emerging AIS technologies and processes,

Not what you're looking for?

Ask Custom Question

1) A summary of the advantages and disadvantages of the changes brought on by using e-business technologies (B2B, B2C, XBRL) in accounting systems
2) A comparison of similarities and differences between batch and real-time transaction processing
3) An explanation of accounting electronic data interchange (EDI) processes
4) An analysis of the potential use of XBRL in the organization.

Purchase this Solution
Solution Summary

The solution identifies and evaluates new and emerging AIS technologies and processes. The advantages and disadvantages of these changes are discussed.

Solution Preview

1) A summary of the advantages and disadvantages of the changes brought on by using e-business technologies (B2B, B2C, XBRL) in accounting systems

Using e-business technologies has many advantages in AIS. For example XBRL (Extensible Business Reporting Language) treats financial information as a block of text as in a standard internet page and provides an identifying tag for each individual item of data. This is computer readable. Firm's net profit has its own unique tag. XBRL is used for automated processing of business information by computer software. It cuts out laborious and costly processes of manual re-entry and comparison. Firms can use it to save costs, streamline their processes for collecting and reporting financial information. Consumers of financial data, including investors, analysts, financial institutions and regulators, can receive, find, compare and analyze data much more rapidly and efficiently if it is in XBRL format. However the use of XBRL does not imply an enforced standardization of financial reporting.

2) A comparison of similarities and differences between ...

Solution provided by:
Umut Oltulu, MBA
Education
  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "This is a great help...Thank you"
  • "Thanks for the advice!"
  • "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Operations Management

This quiz tests a student's knowledge about Operations Management

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

View More Free Quizzes
Related BrainMass Solutions

  • Security, Privacy, and Other AIS Issues

    Identification and evaluation of new and emerging AIS technologies and processes, including the following: 1) A summary of the advantages and disadvantages of the changes brought on by using e-business technologies (B2B, B2C, XBRL) in accounting systems

  • Accounting Information System and evolving technologies

    emerging technologies that will have a pronounced effect on AIS over the next 10 years?

  • Kudler Fine Foods information on controls that are required.

    This is controlled through AIS because the same user identification name/number should never be accepted into both system processes, and password enforcement policies should be strictly adhered to, particularly in this area.

  • Accounting information system (AIS)

    For example, a latest AIS will be able to meet user needs pertaining to enhanced capability in reporting, such as preparation of complex reports for a wide range of processes, etc.

  • new AIS

    Identification and discussion of any business risks associated with the development and implementation of a new AIS

  • Accounting Information System Replacement

    The disadvantages of this choice though are that the system will at one point again need to be upgraded to meet changing accounting needs, and changing new technologies in the market.

  • Disaster recovery/contingency plan

    The CEO has concerns about systems security and the impact of privacy considerations on the organization's AIS. She is also interested in learning more about new and emerging AIS technologies that the organization should consider.

  • AIS Courses in Business Processes

    600166 AIS Courses in Business Processes 1. Why do we organize AIS courses in terms of business processes? 2. How are the five generic parts of the AIS applied/exemplified within the context of the acquisition/payment process? 3.

  • Accounting Information Systems

    of new processes, systems or activities.

View More Related Solutions