Determine the features of accounting information system, Financial Accounting

Assignment Help:

Determine the Features of Accounting information system

Accounting information system must have certain features which are common to all valid information systems within a business. These are:

? Identifying and capturing relevant information (in this case financial information);

? recording the information collected in a systematic manner;

? Analysing and interpreting the information collected;

? reporting the information in a manner that suits the needs of users.

 


Related Discussions:- Determine the features of accounting information system

Answer for Assignment, Transaction Entry Information: May 1 Owener H.Hadi ...

Transaction Entry Information: May 1 Owener H.Hadi invested $40,000 in the business

What is the turnover needed to earn, a company recorded for the past year a...

a company recorded for the past year a sales of 500,000 and an operating incme of 40,000. What is the turnover needed to earn in order to achieve an ROI of 20%

Explain destruction of a portion of capital stock of nation, According to t...

According to the Solow model, how would each of the following affect consumption per worker in the long run (i.e. in the steady state)? Draw a figure and explain. a. The destruc

Estimate expected returns, Use the data from "Beating the Market Quarterly"...

Use the data from "Beating the Market Quarterly" problem. Use that data to estimate expected returns and a covariance table for the 5 stocks from that problem. Use your estimates t

What amount does eggers stand to lose, Q. Andy Eggers has invested $150,000...

Q. Andy Eggers has invested $150,000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount does Eggers stand to lose? a.

Adjustments, Is goodwill a fictitious asset?

Is goodwill a fictitious asset?

How should i record the transaction on the com''s cash record, I am working...

I am working on a bank reconciliation problem. How should I record the following transaction on the company's cash record? (10/31/13 Bank Rec) A two month, 8%, $1350 customer's not

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd