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ubject: accounting information system (a) Discuss REA modelling in accounting information systems. Clearly explain the manner in which a REA model can be depicted as a diagram.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5Q: Which area of accounting needs a computerized accounting information system the mostâ€”payroll, tax,...

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subject: accounting information system

(a) Discuss REA modelling in accounting information systems. Clearly explain the manner in which a REA model can be depicted as a diagram.

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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