FACTORS AFFECTING ACCOUNTING INFORMATION
SYSTEMS SUCCESS IMPLEMENTATION
(An Empirical Study on Central Java Small and Medium Company)
THESIS
ASHARI
C4C005126
ACCOUNTING MASTER PROGRAM
DIPONEGORO UNIVERSITY
SEMARANG
2008
ABSTRACT
Because of its important role in economics growth, small and medium business enterprises has to increase its capability and human resource in order to win the global competition with foreign economics institution. One technique that can be used to increase its ability and competitive power of small and medium business enterprises is by employing information technologies. With employing information technology, small and medium business enterprises can reduce its production cost and then
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Determinan kesuksesan penerapa sistem informasi sebagai salah satu indikator efektifitas implementasi sistem informasi dibangun berdasarkan beberapa wilayah teori yang meliputi teori harapan, teoru tindakan beralasan, teori tindakan terencana, teori model penerimaan, teori kognitif sosial, dan teori difusi inovasi. Berdasarkan teori-teori ini dan penelitian terdahulu, faktor-faktor yang mempengaruhi keberhasilan penerapan sistem informasi akuntansi pada usaha kecil dan menengah adalah faktor pengguna sistem, faktor manajemen perusahaan, faktor dukungan dan pihak luar dan faktor lingkungan bisnis.
Dari hasil penelitian dengan menggunakan sampel penelitian sebanyak
53 responden dengan analisis PLS terlihat bahwa faktor manajemen dan dukungan dari pihak luar memiliki dampak yang signifikan terhadap keberhasilan penerapan sistem. Sedangkan faktor pengguna sistem informasi dan faktor lingkungan tidak memiliki pengaruh yang signifikan terhadap keberhasilan penerapan sistem informasi.
CHAPTER I
INTRODUCTION
1.1. Background
In order to win the competition across nation, a country should response its environmental change with increasing its ability of economics resource. Also, the globalization of the economy has forcing many businesses to change in order
SMW is a wholesaler of specialty micro-brewed beers. SMW purchases bottles and kegs of beer from small microbreweries in the New England area and sells them to local liquor retailers in Boston. SMW’s slogan is “Always in-stock, next day delivery.” Ted Stern, SMW’s owner and CEO, hopes to expand sales to outside of the Boston metro area within one year.
The FASB Accounting Standards Codification® is the source of authoritative generally accepted accounting principles (GAAP) recognized by the FASB to be applied to nongovernmental entities.
The increased number of IT investment is applied in organization. It is clear that information technology has become the competitive fact in world business. Collaboration is the new trend in business world. No one can deny the importance of information technology application. Besides the profits outcome, the impacts of information technology deployment also create commitment, trust and value. Advanced information system can improve each steps of business process. It enables people to share information, performance task simultaneously and making decision efficiently. IT companies designed different products to satisfy each step of business operation in terms of manufacturing and human resources. Seminole should apply this new IT infrastructure to business operation. Firstly, company can use the transaction processing systems (IPS) to keep track of all business activities and transaction of the organization such as payroll and employee record keeping. IPS also shows all information from internal and external operation. Secondly, Business intelligence systems are designed for decision-making support. Management information system (MIS) is a system that helps managers to keep track of company performance status, which purposed for decision-making and evaluation. Decision-support system (DSS) is purposed for future business decision-making. Thirdly, Enterprise application systems are designed for integrating business process from different functions, such as supply chain
As the Accountant II, I will create and modify plans, schedule individual and team meetings, organize training sessions, assist in preparing the accountants and technicians for the next level in their job and continue communication with the Supervisor and Manager. In my current position, I worked with the accountant and the technician to improve their accrual worksheet. The process included tracking the year-end accrual reversal journal entries and the revenue received. Also, I work with the Revenue and Finance staff and other departmental personnel to provide Oracle, CAFR-Online, and basic accounting training. I continuously communicate with my Supervisor and Manager to improve the accounting
As technology becomes more sophisticated the traditional way of recording and processing accounting reports starts changing, and the most organizations are using computer systems for maintaining financial records in its information system. When there are many business processes like revenue, expenditure, conversion, and administrative process, that occur in the company, the new data are captured and become input into the accounting information system. These business processes are computerized work steps, and it can be controlled with effective and efficient accounting internal control system, which will safeguard the company assets from any fraudulent activities and ensure the accuracy and completeness of the data. Therefore, this research project is going to address the study that made on one of the biggest corporation, Wal-Mart, and the corporation’s information system, organizational structure, revenues, accounting cycles, process flowchart, risk assessment, internal control system and overview of component of company’s manual and automated information system.
As long as this world have businesses and buying and selling within company to company accounting and Accounting Information Systems (AIS) will play a big role in financial management and decision making. The degree of value and how usable an AIS is depending on if the system is custom, outsourced or boxed. In this paper I will talk about just that. You will find out if the company should keep, change, modify or outsource and what will be the advantages and disadvantages of doing so. Analyze the need for changing to a new system and the potential benefits and risks associated with this. Identify three (3) advantages
One positive implication capitalism has to the natural environment is industrial ecology, a system of chain production and consumption, serving to the lowest environmental impacts in a most environmentally sustainable economy as the main goal of operation (Richards & Pearson, 1998). The Companies in a like to operate in such way because of four major reasons. The most important factor is known as the corporate well-being, for it is determined by higher profits and growth provided by innovations in an industry. Profits are increased from recognizing the production ineffiency costs that comes from wasted inputs and energy losses; this allowing cost savings to increase and ineffiency to decrease. compliance with cleaner technology alternatives such as ones that produce less waste and less energy will provide long term savings which are both beneficial to the environment and the business at hand. A real world example freight company changes their salvaged driving equipment to hybrid vehicles. Money is temporarily lost, but the gasoline and maintenances cost savings will compensate in a long run period of time.
Abstract. The article reviewed was Qualitative financial statement disclosures: Legal and ethical considerations. The abstract emphasizes that information that demonstrates a non-compliance or illegal transactions should be provided in the disclosure. Otherwise, it negatively impacts the accounting profession (p. 433).
To answer this question, first scale up both of the figures. The units increased by 20% from a base of 3000, so (1.2)(3000) = 3600 units were sold. The price at which they were sold was a 10% increase on a base of $50, so (1.1)(50) = $55. The total gross revenue therefore is (3600)($55) = $198,000. To calculate the net revenue, the 6% returns must be subtracted from the gross figure: (198,000)(.94) = $186,120
Accounting principles are like the Ten Commandments to a CPA. The principles are recommendation or instructions on what an account should follow when logging and informing on all accounting transactions. Businesses rely on their account every month to maintain the financials records of the company. At the end of each month, it is important for every transaction to be documented and posted as a financial entry in the monthly trail balance. An account needs to ensure all journaling is correct; an account must know the importance of how to record prepaid expenses, unearned revenues, accrued expenses, and accrued revenues.
The major accounting principles that guide accounting practices are endorsed on the Generally Accepted Accounting Principles (GAAP). This is an international guidelines that all the companies and organizations are expected to apply in their operations. These principles are further classified into assumption and constraints. The assumption principles include business entity, going concern, monetary unit and time period assumption principles (Hendrick, 2011). Other principles listed in the GAAP include historical cost, revenue recognition principle, and matching, and full disclose principles. On the other hand, constraints are also divided into objectivity principle, materiality principle, consistency principle, and conservatism principle (Weygandt J. J., 2012). Disney Company adhered to these concepts while preparing its financial reports to present fair information to the users is recommended in the International Financial Reporting Standards. This research work dwells on the analysis of the various principles and constraints with regards to Walt Disney Company.
Financial statements are the lifeblood of publicly traded companies, investors use the information provided on all these statements to determine whether they should place their money and trust in this company or a competitor. The information on these statements, by law, must be truthful and precise for the given reporting periods; this means that a silver-tongued executive can only have so much of an effect on investor confidence. Investors are encouraged to review all financial statements thoroughly to understand the way a firm manages its assets and liabilities prior to investing their money in the firm.
New advancement in technology has made it easy for many CEOs to have the opportunity to loot their companies, and to engage in accounting irregularities. Technology has made improvements to the way a company does business with others, and also it has opened up ethical concerns for the way a company conducts their business. “Recently, accounting professionals have been placed under immense pressure by changes in the size and scope of financial markets” (Love, 2007 para. 1). Companies use the financial reporting system to communicate the financial effects of the company to outsiders (Love, 2007). This paper will discuss the legal, ethical, and technological concerns of the accounting, and financial reporting of businesses.
1.Money measurement: Only those transactions which can be expressed in terms of money such as purchase of goods or payment of expenses or receipt of income, etc. are to be recorded in the book of accounts are known as money measurement. Besides that, all other transactions which cannot be expressed in monetary terms are not recorded in the books of accounts and the records of the transactions are to be kept not in the physical units but in the monetary unit. Since these assets are expressed in different units, so any meaningful information about the total worth of business should be included. Hence for accounting purpose, these are to be shown in money terms and not in physical terms. Limitations are not excluded from money measurement assumptions. The value of money does not remain the same over a period of time due to inflation because when we add different assets bought at different points of time, we are in fact adding diverse values in the balance sheet. The accounting data does not reflect the true and fair value of the company when the inflation is not accounted in the book of accounts. (http://www.letslearnfinance.com/)
Accounting is all about the way in which corporations record their revenues and assets over a certain period of time. Although the notion may exist that accounting is merely a recording function, this is not entirely true. Rather, accountants also analyze the cost structure of certain transactions and play a strong role in the strategy formulation of mergers & acquisitions, for example. Other responsibilities of accountants include such activities as managing information systems, tracking financial performance, and assessing tax strategies. Accounting is an exciting career path that affords various opportunities in terms of career direction. One can enter the field of auditing, progress into taxation, or transition into management