Development Of Accounting Information System: Impact On Business Growth And Productivity

The Direct Relationship Between Accounting and Information System

Discuss about the Accounting Research for Effect of Information Technology.

As rightly indicated by (), accounting mainly cope with business oriented information and computer, software and other digital devices. The use of information technology has altered the system of accounting. Essentially, system of accounting and different business factors are said to move together. In this regard, it can be said that both accounting and information system are said to be directly proportional; proviso accounting does high-quality business. In particular, this can give way to good as well as positive outcomes (Annie., 2014). In addition to this, computers together with other types of technologies have enhanced level of productivity by assisting in information sharing with various ways off consumers and financiers, study, partnership and many others. Also, computer application along with other forms of technologies functioning in this field aids the corporation in their everyday work procedures. However with passage of time, both information along with the associated technology has attained heights and has modified and at the same time favorably affected the entire system of accounting. This necessarily deals with financial along with economic facets of a business concern. Particularly, computerized system of accounting has ended enumerated data work on diverse papers and these were too defenseless to different mistakes. Essentially, these transformations have decreased risk level plus vulnerability facets. In effect, this can subsequently offer better prospects for getting at requisite decision  (Steven., 2013).

Competition- As correctly mentioned by (), trade and business is essentially about competition. A single business concern always intends to surpass their competitors. In the course of usage of information as well as technology they can generate protected networks and generate superior quality products. Again, another firm can utilize different devices and aid in progression by appropriately investing in specific technology.

Accounting primarily deals with various business associated information as well as computer. In that way it can be said accounting and business go together and are sometimes directly proportional. This implies that in case if the accounting system of a business performs well then that specific business will also yield positive outcomes. As rightly suggested by (), what is along with other Technologies have enhanced overall productivity by assisting in the process of Information sharing with various stakeholders of the corporation. In this case information can be shared with clients  at far off locations, financers, and many others. () says that computer application along with advanced technologies in this area it’s the business enterprise in their daily operations. With passage of time information as well as Technology attained great heights, modified and benefited the system of accounting that particularly deals with varied financial economic facets of a business enterprise. In essence computer based system of accounting helping bringing an end to the calculative work on papers which also very much vulnerable to errors. These kinds of alterations have lessened the risk and factors of vulnerability that ultimately delivers greater opportunities for appropriate decision making. 
Competition- business necessarily orients around competition. Particular firm intends to overtake and surpass their competitors. By means of utilisation of information as well as Technology there is possibility to generate secure networks as well as current better products. Essentially a particular individual can make use of different devices and assist in advancement procedures by way of investing in technology.

Impact of Technology on Accounting

Diverse economic benefits that can be acquired by a firm include means of advanced ways of handling information as well as money that in turn leads to savings of large amount of the total money by the company on accounting. In particular, decrease in the amount of costs can aid the corporation to invest in different spots.  Particularly there are specific things that can be developed online and this can assist in the process of replacement in a single device.   

Better equipment- a particular business entity can engage in the process of investing on various devices namely different retailers. In addition people can put in better tools or instruments such as computers, shareholders scanners, and printer for seamlessly carrying out tasks. In essence, there are various devices that reflect enhanced work along with efficiency.  Essentially, these instruments liberated the business concern from varied tables, enumerations, formulas and most of all time consumption.

The primary aim of the study is to elucidate the role as well as development of accounting information system in particularly accounting scheme and the business surroundings, in particular in the ground of proficient accountancy. Again, the research at hand along with arrangement is according to systematic assessment of literature. The current at hand thereby helps in understanding the nature of influence of development of accounting information system in the arena of accounting system and business through literary sources as well as case studies 

– To determine the way accounting information system helps in attainment of growth of a business

-to recognise various factors of AIS that affect business processes and its growth

Research Question

– What is the nature of influence of development of accounting information system in the arena of accounting system and business?

-What is the way in which accounting information system helps in attainment of growth of

– What are the different factors of accounting information system that affect business processes and its growth?

Essentially, extensive plans are necessary to propose a specific research study that in turn calls for performance of particular activities that comprise of the following:

Time Schedule of the research plan

The current study under consideration intends to undertake the positivism philosophy since this philosophy can help in validation and acquirement of authentic know how. This knowledge necessarily accepts only the truth and necessarily emanates from deduced know how. The investigator also has the intent to implement deductive approach for conducting the research and a descriptive design for the research (Mescall et al., 2016). The current research study will necessarily be founded on secondary data. For the purpose of the present study, the investigator intends to utilize analysis of pertinent case studies that are pertinent to the topic under consideration, thematic data evaluation approach and assessment of previous academic literature for collecting and analysing data. In actual fact, it is one of the most significant systems and mechanisms that focus primarily on identifying the pattern in a particular set of acquired data.

Use of diverse classes of thematic analysis is necessarily deductive approach in which theme development is driven by existing theories and notions. Particularly, the present study intends to utilize previous information acquired from various valid sources and subsequently intends to draw inferences by instituting opinion together with substantiation and justification of the established research objectives.

There are diverse categories of structured data (namely, books, journals, various writing and reports among many others). These data can be collected for the present study as qualitative data. Qualitative data analysis procedure can be taken into account for the current study as this can help in extracting information from various qualitative data and arrive at different illustrations, comprehensions along with interpretations of various circumstances (Waweru et al,  2014). The use of qualitative data takes in theoretical study that indicates towards a set of different inter-related themes, propositions along with definitions. Essentially, this can help in arriving at systemic viewpoint regarding events or else situations by referring towards diverse variables (Mackey, A., & Gass, 2015). Second language research: Methodology and design. Routledge.

References

Mescall, D., Phillips, F., & Schmidt, R. N. (2016). Does the Accounting Profession Discipline Its Members Differently After Public Scrutiny?. Journal of Business Ethics, 1-25.

Taylor, S. J., Bogdan, R., & DeVault, M. (2015). Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons.

Waweru, N., Çal??kan, A. Ö., Akba?, H. E., & Durer, S. (2014). Factors influencing the accounting profession career choice: evidence from an emerging economy. International Journal of Critical Accounting, 6(2), 147-165.

In essence, the investigator intends to undertake qualitative analysis that will take in analysis of various case studies, thematic data evaluation and assessment of previous academic literature for collecting and analysing data.

References

Mackey, A., & Gass, S. M. (2015). Second language research: Methodology and design. Routledge.

Mescall, D., Phillips, F., & Schmidt, R. N. (2016). Does the Accounting Profession Discipline Its Members Differently After Public Scrutiny?. Journal of Business Ethics, 1-25.

Taylor, S. J., Bogdan, R., & DeVault, M. (2015). Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons.

Waweru, N., Çal??kan, A. Ö., Akba?, H. E., & Durer, S. (2014). Factors influencing the accounting profession career choice: evidence from an emerging economy. International Journal of Critical Accounting, 6(2), 147-165.