B. A brief description of the major purposes, ch
Part 1
Select a small firm such as a florist shop, building contractor, super market, tooling
workshop, carpenter, etc. (avoid pharmacists, and supermarkets)
Answer the following questions
A. A brief description of the firm’s background, such as products, environment and
services it provides, the industry of which is a member, its physical facilities and
other assets, and its employees
B. A brief description of the major purposes, characteristics and resources of its AIS
C. Listing of its key accounting transactions
D. Listing of the varied users of its AIS
E. A brief description of key reports prepared by the AIS for its managers
F. A description of key procedures in terms of steps and activities performed by its
AIS
Part 2
For the small Firm You selected complete the following
- A brief description of the system's characteristics
- listing of the primary operations of the company
- organizational chart
- listing some of those decisions that must be made on the Strategic and tactical levels the information needed for those decisions
- description of the processing of basic transaction through the accounting cycle including compass both components employed for one of those transaction and the key financial outputs
- If the firm currently uses a computer based
accounting information system draw the hardware configuration and identify the variety of applications used by the system also described one of the key applications. Suggest additional applications that appear to be feasible - if the firm does not use a computer-based AIS propose a system that appears to be feasible and the applications that it should handle also draw a Hardware configuration diagram of the proposed system
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