EFFICIENT ACCOUNTING PROCESS

Firms are always connected to both their suppliers and customers and their wants and needs. The focus was on supply chain optimization to minimize costs and reduce inventories. However, new supply chain technologies are emerging to respond to business disruption and supply chain challenges such as those related to the global spread of COVID-19. On the other hand, this crisis raised the importance of analyzing changes in demand before and after that outbreak.Discuss how Accounting Information Systems (AIS) assists in business integration with external parties such as suppliers and customers.

For your Portfolio Project, you will research a current hot topic in accounting information systems or emerging technologies in the accounting industry. Your presentation should focus on the impact of the selected topic on accounting information systems, internal controls, and benefits and challenges associated with its implementation. Choose one of the topics below to research and discuss: Cloud-Based Accounting Offshore Staffing in Remote Work Accounting Software Big Data Data Analytics Automated Accounting Process Outsourcing the Accounting Functions Blockchain Value-Based Pricing Advisory Services Evolution of the Accountant Role Data Security Accountants Upskilling Tax Technology Forensic Accounting Accounting Education Role of Artificial Intelligence Submit your work as a PowerPoint presentation with voiceover. The presentation should be 6-8 slides, not including the title page and the reference page. Speaker Notes should be submitted as a Word Document. On the Word…

What would be a startup Accounting Firm's communication plan? Describe the role, the strategy, and the execution of a startup Accounting Firm communications plan including: What is the startup Accounting Firm's message? What are the startup Accounting Firm's specific communication vehicles, such as advertising, literature, promotion, or the Internet?  Describe a startup Accounting Firm's pricing strategy and specific prices for their service(s). How did they arrive at these prices?

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Indicate whether the following statements are true or false. 1.   A computerized accounting system must be customized to meet a company’s needs.   select an option                                                           TrueFalse 2.   Small companies generally use entry-level programs rather than ERP systems.   select an option                                                           TrueFalse 3.   A manual accounting system provides more timely financial information than a computerized system.   select an option                                                           TrueFalse

A company is considering whether to adopt a new accounting software system. Discuss the potential benefits and challenges of implementing new accounting software. What factors should the company consider when selecting a software system? How can the company ensure a successful implementation and minimize disruption to its operations? Give me Answer

Evaluating features of an effective accounting information system In Vogue, a T-shirt business, is growing fast and needs a better accounting information system. Consider the features of an effective system. Which features are most important? Why? Which feature must you consider if your financial resources are limited?

Question 1: What Would Your Accountant Say? The chief executive officer of a business start-up wants the firm to acquire an accounting information system. In response to this request, the firm’s purchasing officer stated, “We should put out bids for an AIS and select the least expensive bid that comports with our existing hardware.” You are the chief accounting officer for the company and your strongly disagree with the purchasing officer's plan. Why?

"As global competition increases, businesses are being pressured to reach higher levels of productivity to price their products and services competitively.' Explain how management accountants can play a role in helping management meet these challenges. Correct full answer from experts please help me #####################@$#####$$

A company is considering whether to adopt a new accounting software system. Discuss the potential benefits and challenges of implementing new accounting software. What factors should the company consider when selecting a software system? How can the company ensure a successful implementation and minimize disruption to its operations? Solve this

Overview Fordham and Hamilton evaluated a broad range of small businesses and found that a large majority are still using accounting practices that do not constitute true integrated computerized accounting systems. Read this article before you begin this assignment: Accounting Information Technology in Small Businesses: An Inquiry. Instructions In which you: Evaluate the findings Fordham and Hamilton presented in their paper. Propose additional reasons why small business owners are not using AIS in their businesses. Provide support to your arguments and proposals using additional materials. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources. This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all supports. Check with your professor for any additional instructions.

A company is considering whether to adopt a new accounting software system. Discuss the potential benefits and challenges of implementing new accounting software. What factors should the company consider when selecting a software system? How can the company ensure a successful implementation and minimize disruption to its operations? Answer this

A company is considering whether to adopt a new accounting software system. Discuss the potential benefits and challenges of implementing new accounting software. What factors should the company consider when selecting a software system? How can the company ensure a successful implementation and minimize disruption to its operations?

Describe a startup Accounting Firm's IT needs, how much it will cost, and how will they implement them. Will the startup Accounting Firm have a web presence, and if so, what functionality will it include? Will the startup Accounting Firm handle their IT requirements "in-house" or outsource to IT consultants? Explain the Accounting Firm's decision.

Know your customer (KYC) is critical for business from regulatory perspective because O a. It helps maximise business revenue and turnover by understanding customers' preference O b. Business can collect customer data and make profit out of it O c. It can protect against fraud and crimes and to deliver obligations in terms of products and services O d. Business can proactively chase the sources of money laundering and protect the public interest Based on ASIC's Innovation Hub Sandbox exemption for fintech testing, given fintech in sandbox must: O b. O c. Od. Have no more than 100 retail clients Can have unlimed wholesale clients Have total exposure to customers of no more that $5 million All of the above

THEORY PROBLEM Explain why accounting students should study Accounting Information Systems? Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain. Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession? One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example! Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!

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Financial data