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Essay

Today's Global Market

Essay specific features

 

Issue:

Business

 

Written by:

Neva B

 

Date added:

October 29, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1040

 

Was viewed:

9509 times

 

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Essay content:

The technological advances of the computer have made what used to be long-drawn tasks into quick, simple calculations. Long gone are the days of complicated handwritten calculations. One such example of the computers impact on the accounting industry is that of the "Accounting Information Systems" or AIS area...
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AIS is an area of accounting in which some type of framework or program is used to process financial and non-financial transactions. The AIS area consists of three subsystems: the transaction processing system, general/ledger reporting system, and the management reporting system. In the second subsystem of financial reporting, is where traditional financial statements, such as the income statement, balance sheet, and statement of cash flows are generated...
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