how do the advanced technologies have impact on the accounting function of a company?

Q: Agustin Industries is a division of a major corporation. Data concerning the most recent year…

A: The division turnover is calculated as ratio of sales and average operating assets.

Q: Describe the reasons why financial accounting is useful?

A: Financial accounting is a specific branch of accounting involving a process of recording,…

Q: What does 2/10 mean in accounting?

A: Accounting is the method of recording financial transactions in a business. Accounting is the…

Q: Why is GAAP Important? and how it will be used in understanding accounting

A: GAAP is a basic set of generally accepted accounting principles which work as a basic guideline in…

Q: What is the importance of Accounting Information System in the modern practice of Accounting?

A: Accounting Information System refers to the system where financial and accounting data is collected,…

Q: Answer the following: Question One: State the accounting equation and define its components with…

A: Accounting refers to the process of recording, processing and eventual communication of financial…

Q: How important are accounting information systems in contemporary accounting practice?

A: Introduction: Accounting: A company's financial activities are tracked through accounting, which is…

Q: information would include ........ .

A: External users are people outsidebusiness entity who use accounting information.external users are…

Q: How does analyzing more and diverse data around us help answer accounting questions? Give a specific…

A: Data Analyzing is most important factor for the process of accounting/ Auditing. More you analyze…

Q: Discuss the relationship of accounting information with the Efficient Market Hypothesis (EMH)

A: Accounting information is a wider term, it includes all financial information of the firm. It is…

Q: What role does an Accounting Information System play in today's accounting?

A: The accounting information system is a way to keep the track of all the business transactions and…

Q: Hello, this topic is about conceptual framework in accounting.  I just want to understand why…

A: An appraised value is an assessment of a property's worth at a specific point in time. During the…

Q: How would you approach the implementation and application of new accounting standards?

A: INTRODUCTION: Accounting standards are important in the financial reporting of a corporation.…

Q: Question: computers play a significant part in current accounting practice. state two advantages of…

A: Computerized accounting system It is system under which the accounting information are recorded…

Q: What does the term dual aspect mean in terms of accounting?

A: Accounting is the process of recording, classifying, analyzing, interpreting, and communicating…

Q: What are some of the expenses associated with the provision of accounting data? What are some of the…

A: Will be explained:

Q: 2. An accounting information system (AIS) processes data; information b) data; transactions c)…

A: An accounting information system (AIS) processes data Data It can be ordered data tree, graph,…

Q: accounting systems and the role of technology in modern-day accounting

A: Answer:-  Accounting meaning:- Accounting is basically the process of gathering, analyzing and…

Q: What role does accounting information technology play in contemporary accounting practice?

A: It is a system of collecting, storing and processing accounting data that is used by user of…

Q: What role does accounting information systems play in current accounting practice?

A: Introduction: Accounting Information System (AIS) is a concept. Generally speaking, an accounting…

Q: Question: What is an Accounting Information System (AIS) ? discuss any four points.

A: Modern businesses require relevant, timely, and high-quality details concerning their internal…

Q: What function does the Accounting Information System perform today

A: The functions of Accounting Information System is enumerated as below:    Reporting to Management:…

Q: Q#03: Draw and explain the hierarchy of accounting qualities?

A: Accounting Qualities are very important for the decision maker. The quantitative data is not…

Q: What role does accounting information systems play in contemporary accounting practice?

A: An accounting information system (AIS) constitutes of gathering, storage, and processing of…

Q: What are the fundamental concepts of Accounting Information Systems (AIS)? What are the main stages…

A: Introduction: Because you asked numerous questions, we will answer the first one for you. If you…

Q: Evaluate the importance of accounting for accounting information users.

A: 1. Management 2. Shareholders 3. Creditors 4. Lender 5. Government & Regulators 6. Employees

Q: What is the importance of the matching principle in accounting? Provide an example.

A: The matching principle is an accounting rule that states that expenses and the revenue they…

Q: What is blockchain technology? How might blockchain technology help to change accounting reporting,…

A: Financial reporting means to furnish the financial records or statements prepared by the…

Q: ! Compounded value and present value? im new to accounting math

A: Earl Miller wants to buy a new delivery truck in 6 years. He estimates the truck will cost $30,000.…

Q: In today's accounting profession, what function does accounting information technology play

A: Meaning of accounting information technology It is a system of collecting, storing and processing…

Q: What function does accounting information technology play in modern accounting practice?

A: SOLUTION ACCOUNTING INFORMATION IS  DATA ABOUT A BUSINESS ENTITY'S TRANSACTIONS.

Q: Question: 1) What is an Accounting System (AIS) - Discuss.

A: Business means an organization, or a company engaged in commercial, industrial, and professional…

Q: Discuss all the concepts of accounting?

A: Accounting concepts are list of concepts which are require to be used by all kind of business to…

Q: nction do accounting information systems play now

A: Accounting information system is important roles in analysis and decision of financial and…

Q: What is the function of accounting information systems in today's accounting practise

A: Accounting Information System (AIS) is a concept. Generally speaking, an accounting information…

Q: Describe how a firm's accounting function works. What role does this perform, and why is it…

A: The answer :

Q: Accounting data is progressively being processed using technology. So, why do we need to learn and…

A: Introduction: Accounting is the process of documenting, measuring, and reporting to interested…

Q: are we also a user of finanacial accounting?

A: Financial Accounting is the process of recording, classifying, summarising all the Financial…

Q: Illustrate the importance of the flow of information in accounting?

A: The importance of flow of information in accounting is of very high significance. The information…