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It is often claimed that the process of computerising accounting information systems (AIS) and telecommunicating accounting info
Finance & Accounting
Pages 6 (1506 words)
Accounting Information Systems (AIS) And Telecommunicating Accounting Information Table of Contents Introduction 3 Evolution of Accounting System 3 Computerising Accounting Information System and its Impact 5 Impact of Telecommunicating of Accounting Information 6 Addressing the Security Issues of Using Computerizing AIS and Its Telecommunication of Accounting Information 7 References 8 9 Bibliography 10 Introduction Every business, big or small, must maintain proper records of their daily transactions…
But with the concept of globalization, the entire landscape of the accounting system in business changed. Every organization computerised their accounting system that reduced the work time considerably. Today almost every Multi National Company relies on Accounting Information system and telecommunicating of accounting information for running the business successfully and reaching clients all over the world (Carmona, Ezzamel and Gutierrez, 1998, p.28). Evolution of Accounting System In the early 80’s, the computers were used to solve only mathematical problems and limited application programs. With time the software industry changed rapidly, from character user interface to graphical user interface. In the 90’s, we no longer needed to remember large codes to execute simple instruction as the mouse came into origin. People slowly started to realise the potential of the evolution of computers and its application in any industry. At the same time the internet, previously the Arpanet was evolving and the telecommunication system too changed the entire scenario. ...
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