Accounting Information Systems Subject Code

This case gives us a fundamental understanding of the concept of cloud computing and presents the advantages and issues of this IT infrastructure. This case gives a clear vision of the company’s current situation. Three main questions to consider

This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP

I certify that the work submitted for this assignment is my own. Where the work of others has been used to support

Every Company or Business has different Information Systems that the use to run the Company. There are various types of information systems employed by payroll, accounts payable, accounts receivable, and accounting? Types of Information systems that are employed by payroll, accounts receivable, and accounts payable are Paychex, UltiPro Payroll Software, ADP Payroll services, Intuitive Payroll Systems, and QuickBooks Payroll. Various types of Accounting Software is Microsoft Excel Spreadsheet, Intuit Quicken, Sage 50, and QuickBooks.

Ahmed, A., McAnally, M., Rasmussen, S. & Weaver, C. (2010). How costly is the sarbanes oxley act? Evidence on the effects of the act on corporate profitability. Journal of Corporate Finance, 16, 352-369.

The BumbleBee program produces a daily activity report with a listing of all sales transactions. At the end of the month, the local manager uses BumbleBee to transmit an accounts receivable summary to the Personal Trainer headquarters in Chicago, where member statements are prepared and mailed. Members mail their payments to the Personal Trainer headquarters, where the payment is applied to the member account.

The abovementioned has been arranged in two parts on the same document, first Question 1 then Question 2 follows below that:

The advancement of technology initiates business firms to seek for new innovations that would greatly help in business functions. As what Dillon and Kruck (2004) had explained, “at the start of the 21st century, business organizations are facing an explosion of global competition and innovation and facilitating this explosion is the increasing ability of organizations to make good business decisions based on the large amounts of information their enterprise produces”. In this environment, it is necessary for a successful business to integrate information technology into its basic process. And with

This paper illustrates about the business impact of cloud computing such as tax, marketing and sales, vendor lock-in, tax, internal audit and finance. Business officials, who prefer the proprietary vendor technology might include the higher costs to migrate to another cloud platform environment.

The main driving forces of cloud data storage are reputable companies such as Amazon and Google building comprehensive computing infrastructures (Google, 2009). These infrastructures are removing the complexity of in-house data storage and ultimately reducing costs of limited networked data centres (Hitachi, 2010). The traditional inefficient model of purchasing servers every time you need to accommodate for high use or growth is now being replaced by internet based systems that replicate your data centres but without the big overheads (Google, 2009). This flexibility assists in the ever changing business world and its continuous improvement initiatives to remove waste, improve efficiency, and ultimately reduce costs. Another key driving

Match the description in the right column with the information characteristic in the left column.

Since the 2000s, cloud computing has become the most phenomenal IT service in the IT industry. It changed the whole IT industry upside down. Cloud computing is becoming the most popular and key service that is offered by many IT service providers including, Amazon, Google, Salesorce.com. (Leong, 2014) These companies top specialists in cloud computing. In addition to cloud computing,, leading traditional ERP service providers, such as IBM, SAP, Oracle, Microsoft, and Net Suite (Li, 2014) also provide their ERP software as Software as a Service.

In today’s fast evolving technological environments, capacity planning is confronted with new difficulties. It is possible that the biggest challenge facing capacity planning and management is the migration to cloud computing. The objective of capacity planning in IT is to provide quality computing services to users in a way that makes fiscal sense to the company (TeamQuest, 2010). The difficulties introduced by cloud-based structures address the question of whether an organization should use capacity evaluations. Businesses use these evaluations in making decisions on their needs. Cloud computing is based on the idea of a shared computing, storage, network, and application resources all provided by a third party. This paper will explain why a company does need computer capacity evaluation when its computing power has been transferred to cloud-based systems. This paper will also explain how capacity planning is affected by the introduction of cloud computing.

Cloud computing was a completely new term a short 9 years ago, in 2007. The basis of this technology is to move the workload of IT activities away from an organization, and to one or more third parties that have resources dedicated to processing such things. These can be, but are not limited to, networking, storage, software systems, and applications. Rather than having to create and maintain their own expensive datacenters, companies can pay a fee to use someone else’s. This makes growing businesses extremely flexible, as they can easily gain or remove storage space per their needs. Being able to purchase the use of online storage space is known as “hardware as a service,” or, more simply, “virtualization.” Being able to purchase the use of online software is known as “software as a service.” Both are very powerful tools that allow the minimization of a company’s IT budget.

As accounting students we have studied a variety of accounting areas involving financial and taxes. The accounting information course appears to be a course that heads in a different direction then what we as students have become accustomed to. Speaking for myself I have always been drawn to the accounting field because it is a black and white area. In other words, there it is organized and has right and wrong answers, this leaving out the gray areas between right and wrong.