Journal of Economics and Behavioral Studies Vol. 2, No. 2, pp. 76-85, Feb 2011 A study of the barriers of implementation of accounting information system: Case of listed companies in Tehran Stock Exchange 1Accounting
Mahdi Salehi1 Abdoreza Abdipour2 and Management Department, Islamic Azad University, Takestan Branch, Iran, 2Payame Noor University, Andimeshk Branch, Iran [email protected]
Abstract: Accounting information system is one of subsystems in management information system that is very important in all companies. The current study reviews barriers in implementation by postulating six hypotheses of accounting information system (middle managers, human resources, organizational structure, environmental factors, financial issues, and organizational culture) in companies listed on Tehran Stock Exchange. Finally, some results were obtained in this manner: barrier of organizational structure with 26 percent, middle managers with 26 percent, human resources with 25 percent, environmental factors with 21 percent, organizational culture with 19 percent and finally financial issues with16 percent were identified as barriers factors influencing on the establishment of accounting information systems in listed companies on Tehran Stock Exchange. Generally to eliminate these barriers, management, financial managers and staff must be trained practically by experienced teachers in accounting information systems to use the specialist and professional managers, to lengthen position of managers, to clear financial issues, to inform benefits of system establishment to company's managers. By giving reward to managers and staff try to encourage these people to use the new system. To justify staff that the establishment of new system would be their advantages; by the lever of reward, to encourage staff to compete in learning and work with the system in staff and learn to compete with systems that can accelerate performing and implementing the system. Key words: Accounting information systems, Corporate accounting system, financial system 1. Introduction Today, dramatic changes have occurred in the field of Information Technology (IT) and its progress has been so pervasive so that it has created changing trends in different in areas. The most important features of it are; high speed data processing, extremely high accuracy, and high speed access to information, to be up-to-date, the possibility of electronic exchange of information, high quality, very cheap and declining price. By considering these factors there will be no need to justify the use of IT in today's world (Salehi et al., 2010a). Addition in accounting has to use and apply all or some of the new techniques in their services and obligations. So, providers of information especially accountants, should be the providers of advanced and high-quality information so that their services to be bought in high prices. Otherwise, in the future they will not have any place. Accounting information System (AIS) is developed between one or two or more units of a company to achieve a specific goal (Salehi et al., 2010 b; Salehi and Alipour, 2010). It contains small sub-systems that support larger systems, includes people, methods, information and software and information technology infrastructures (Romney and Barrett, 2003). System consists of a set of incorporated components that are affiliated to achieve one or several particular goals in a way that, if one or more input can enter in it, one or more output exits (Frederick, 1984). AIS is a completely designed system for the production, collection, organization (processing), storage, retrieval and dissemination in an institution, organization or any other defined areas of society. AIS can helps business units and solve short-term problems of managers in the areas of final price, cost and cash flow through providing information to support and supervision of companies in the dynamic and competitive environment, and to help the...
...AccountingInformationSystems Article Critique
In the modern business management, information technology has become a very important tool, which has been used in different fields. As the branch of informationsystem, accountinginformationsystem is the most important economic information in the enterprise; it continual, systematic and comprehensive reflects and supervises the condition of business. The purpose of this paper is to review one article and to discuss three relevant issues(Moshref Javadi et al. 2012). First of all, this essay will discuss the distinction between control or management informationsystem (MIS) and accountinginformationsystem (AIS). Secondly, it will do some deep research, which is about characteristics of accountinginformationsystem and some relevant functional structure in the enterprise. Finally, this paper will focus on the importance of accountinginformationsystem to consider the development in the future(TokiĆ et al. 2011).
Distinction between MIS and AIS
In the original article, the author firstly mentions a core point that people should distinguish between management informationsystem and...
...1. Discuss the origins of the technology make the current accountingsystem available.
2. Define an accountingsystem.
An accountingsystem is a system that identifies, records, communicates information that is relevant, reliable, and comparable about an organizations business activities.
3. List and describe the components of accountinginformationsystem.
Input and Output
4. Discuss the FASB conceptual framework.
Assets: A resource that has probable future economic value
Liabilities: Obligations of the business to pay money or provide service
Equity: The owners' claims on the assets
Revenue: Resources earned when the business provides goods or services
Expense: The costs of earning revenue; services received or used up assets other than cash
Gains: Increases in equity from incidental transactions
Losses: Decreases in equity from incidental transactions
Comprehensive income: All changes in equity other than investments by and distributions to owners
5. List and discuss the 3 IT governance issues addressed by OXLEY and COSO framework.
6. List and discuss the components of COSO system.
7. Compare and construct 2 IT organizational structure.
Centralized Data Processing Model: The process is running on one...
ACCOUNTINGINFORMATIONSYSTEM (AIS) - A Conceptual Study
Dr.Rambabu Gopisetti Assistant Professor, Department of Commerce, Telangana University, Dichpally, Nizamabad, A.P. 503322
G.Srinivas Academic Consultant, Department of Commerce, Telangana University, Nizamabad, A.P.
Managerial decision making normally relies upon an effective informationsystem. At present many firms are using accounting software to prepare accounting reports very quick, perfectly and in right time. AccountingInformationSystems are most common informationsystems utilized in business, while it was previously paper-based process; hence, there is a greater scope for AIS in the present context as it plays a pivotal role in business as the management of such businesses takes decisions relying upon AIS. AIS are a perfect tool of information provisioning the environment for decision making and also eliminate the paper work as well as reduce the cost very significantly.
1. INTRODUCTION Information Technology Enabled Services (ITES) are ruling the world business activities. After the globalization the need for accountinginformationsystem rapidly increased a lot. The Financial...
a) Define AccountingInformationSystem (AIS) (3 marks)
An accountinginformationsystem is a collection of data and processing procedures that creates needed information for its users. It also can define as the information subsystem within an organization that accumulates and processes information from the entity’s various subsystems and communicates this information to the organization’s users.
b) Compare and contrast between management informationsystems and accountingInformationSystems (6 marks)
The principle of management accountinginformationsystems is providing relevant information to organization manager. It is focus on providing accountinginformation for internal parties such as management, rather than external investor and creditor. Management accountinginformation is not regulated by generally accepted accounting principles, nor is it mandatory to prepare it. Next, it also influenced by many business and non-business disciplines, such as economic, behavior science, and quantitative methods....
...An accountinginformationsystem is system that keeps record for a business to maintain its accountingsystem. Accountinginformationsystems combine the study and practice of accounting with the design, implementation and monitoring of informationsystems. The use of such systems uses modern information technology resources together with traditional accounting methods to provide the users with the necessary information to manage their Organisation. Accountinginformationsystems has its strengths and weaknesses also, but strengths more so than weaknesses in some cases.
Basic accountinginformationsystems include entering customers' records, billing customers, collecting customer payments, keeping track of inventory, purchasing new stock and materials, paying employees' etc. users of this accountinginformation can include internal and external parties. Internal users of accountinginformation include managers and owners. They would use special purpose reports which are prepared weekly, monthly, quarterly and are prepared for their specific needs, and what...
...AccountingInformationSystems, 12e (Romney/Steinbart)
Chapter 1 AccountingInformationSystems: An Overview
1) Which of the following statements below shows the contrast between data and information?
A) Data is the output of an AIS.
B) Information is the primary output of an AIS.
C) Data is more useful in decision-making than information.
D) Data andinformation are the same.
Page Ref: 4
Objective: Learning Objective 1
Difficulty : Easy
2) Information is
A) basically the same as data.
B) raw facts about transactions.
C) potentially useful facts when processed in a timely manner.
D) data that has been organized and processed so that it's meaningful.
Page Ref: 4
Objective: Learning Objective 1
Difficulty : Easy
3) The value of information can best be defined as
A) how useful it is to decision makers.
B) the benefits produced by possessing and using the information minus the cost of producing it.
C) how relevant it is.
D) the extent to which it maximizes the value chain.
Page Ref: 4
Objective: Learning Objective 1
Difficulty : Moderate
4) An accountinginformationsystem (AIS) processes ________ to provide users with...
...Difficulties arising from dysfunctional informationsystems in manufacturing SMEs ± casestudies
J.G. Thoburn Coventry University, UK S. Arunachalam Coventry University, UK A. Gunasekaran University of Massachusetts, North Dartmouth, Massachusetts, USA
Informationsystems, Agile production, Small-to-medium-sized enterprises
Today, manufacturing organisations are increasingly required to be highly optimised. Abstract The ability to respond swiftly and effectively The necessity of maintaining optito produce new products and services has mal operations and becoming an agile and responsive enterprise is become not so much a method of gaining competitive advantage, but more a means of becoming increasingly important to survive in the global market. survival. Many companies have seen the need Consequently, all resources in the to adopt a whole range of practices that reduce companies need to be effectively inputs and waste, and allow greater responmarshalled. Traditionally SMEs siveness to customer needs and the markethave concentrated on the 4Ms ± money, materials, machine and place. In reaction to changing requirements manpower but have often neand conditions, manufacturing paradigms glected the effective management continue to be defined. It is possible to identify of information, which many authors suggest is at...
...I. I. Accountinginformationsystem is a combination of collecting, recording, storing, and processing data of a business.
The advancement of technology initiates business firms to seek for new innovations that would greatly help in business functions. As what Dillon and Kruck (2004) had explained, “at the start of the 21st century, business organizations are facing an explosion of global competition and innovation and facilitating this explosion is the increasing ability of organizations to make good business decisions based on the large amounts of information their enterprise produces”. In this environment, it is necessary for a successful business to integrate information technology into its basic process. And with this, AIS technology uses the modern information technology resources to aid in business functions.
In order to understand AIS well, knowing the meaning of the system is important as stated by Gangolly (n.d.) and Gelinas and Sutton (2002) “a system is a set of interdependent components which collectively accomplish specific objectives”. They also added that AIS is an informationsystem; but not all informationsystem are accountinginformationsystem and example of this is human resource informationsystem. Also Gelinas...