Literature Review On Accounting Information System
Literature Review On Accounting Information System
requiring extensive research, critical analysis, and synthesis of existing scholarly works. It involves
delving into a myriad of academic papers, journals, books, and other sources to gain a
comprehensive understanding of the topic. The process demands meticulous attention to detail,
organization, and coherence to present a coherent narrative that contributes meaningfully to the field.
One of the primary challenges of writing a literature review on AIS is navigating through the vast
amount of literature available. With the rapid evolution of technology and accounting practices,
staying abreast of the latest research findings and developments can be overwhelming. Additionally,
synthesizing diverse perspectives and theories while maintaining objectivity can be challenging.
Furthermore, ensuring the relevance and reliability of the sources used in the literature review is
crucial. Assessing the credibility of academic papers and distinguishing between reputable studies
and less reliable sources requires a discerning eye and scholarly expertise.
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in the field, identifying gaps in existing research, and providing insights for future studies and
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However, the average remuneration package offered at the entry level is also competitive with the
other professions. The support of top management on policy formulation, allocation of resources and
supervision on accounting information system for projects are examined. Table 3 indicates the model
summary of the relationship between top management support, individual factor and accounting
information system. The report also analyses the company's composition of the board including their
gender, education, career history, remuneration among other factors. Let us write or edit the literature
review on your topic. Price Verification: Micro fiber company ltd (seller) submit a price quotation of
Tk 650 per pcs to Cats eye (buyer). In accounting, objectivity, open mindedness insight and
perspicacity can be considered as integrated within practical wisdom. Strategic human resource
management technology effect and implication for dis. Managers have been accused of getting much
more than they deserve while the employees are sweating more to help them achieve a fat check at
the end of the month (Fama and French 2001:16). If this is true, then from inference, it is clear that
remunerations are based on competences, which is misleading. However, with time, the amount need
to steady operations could not be raised by a single entity and thus required the input of others to
make it grow. The research found that accounting information system can be enhanced by top
management support and individual factor and accounting information quality by accounting
information system. Add Links Send readers directly to specific items or pages with shopping and
web links. Controversies such as those linked to the former GE CEO, Jack Welch and the NYSE
CEO Richard Grasso have made many companies to create a guideline that will be used to limit how
much company executives can earn. Accounting information quality for projects is achieved from the
application of accounting information system (Ilhemeje, 2015) but projects stakeholders’ lack of
systematic information on how their investments are producing the intended benefits by the use of
accounting information system (Bamberger and Cheema, 1990). The results indicate that top
management support and individual factors significantly influence accounting information system.
The study variables tested are top management support, individual factors, accounting information
system and accounting information quality. The number of questionnaires filled and collected
amounted to 103 which is 52% of all respondents. It has been found that contingency theory in the
implementation of accounting information system is closely linked with the specific attribute of
organizational and individual variables (Ginzberg, 1980). Dr. S. Nirmala, Deepthy. K:: A Study Of
Cointegration Between. Some have even been said to have an average compensation package that is
364 times that of the average worker. This is due to the regression model selected can predict 76% of
the variance accounting information system. We also talked about Anglo-Saxon and European
continental types of creative accounting in which they allowed different types of alternative method
for creative accounting. The main approaches which help accounting reader and prevent creative
approaches by com panies are. Relevant variables are top management support, individual factors,
accounting information system and accounting information quality and the study hypothesis are: H 1:
The Accounting Information System is significantly influenced by individual factors H 2: The
Accounting Information System is significantly influenced by top management support H 3: The
Accounting Information Quality is significantly influenced by accounting information system. The
reputation of one of the world’s greatest entrepreneurs was questioned. Top management support and
individual factor are considered to have a high impact on accounting information system
implementation. Issuu turns PDFs and other files into interactive flipbooks and engaging content for
every channel. We also try to look on the accounting standard parts which allow creative accounting
and how it should be modified by the accounting authorities to reduce the effect of creative
accounting because in present scenario, the accounting standards have some loopholes which provide
alternative methods of accounting e.g. Recognition of revenue, methods charging for depreciation,
recognition of cost etc. Please include what you were doing when this page came up and the
Cloudflare Ray ID found at the bottom of this page.
This essay thus evaluates the argument that management accounting plays crucial control roles that
cannot be explained in economic terms only. However, the human capital theory tells of a different
opinion. Realigning their interests with those of the managers means that the company will run
effectively with all the parties playing their part as expected. The standard attempts to rectify this by
setting out definitions and the appropriate accounting treatments, particularly for transactions like
consignment stocks, sale and repurchase agreements, and factoring of debts. Teams Enable groups of
users to work together to streamline your digital publishing. University of Bourgogne, Dijon, France.
Yang, D.Y. 2008 On the elements and practice of monitoring. McLeod and Schell (2008) identified
relevance, accurate, complete and timely as criteria for accounting information quality. The study
was carried out on nongovernmental organizations operated in Tanzania in different sectors. The roles
of the shareholders here will be to place a cap on the value that the managers can be compensated
and this allows them to monitor their performance (Ofek and Yermack. 2000:1367). The incentives
will be awarded based on the performance as well as how well the manager sets high yet achievable
results at the end of the day. Apart from accurate, timeliness, relevance and complete Hall (2011)
added a summary as a criterion to measure the quality of accounting information. It should be noted
that businesses have grown from small entities to large corporations that are not owned by one but
by many shareholders and executive directors who have different roles. The results are supported by
a review of the literature on top management supports and individual factors influence on accounting
information systems (Komala 2012; Daoud and Triki 2013). They are important factors in the
formulation of organizational goals and determining the success and failure of the implementation of
the accounting information systems. Hence the study examines the effect of top management support
and individual factors on the implementation of accounting information system and its impact on
quality of accounting information for nongovernmental organization projects in Tanzania. Digital
Sales Sell your publications commission-free as single issues or ongoing subscriptions. Databases
sometimes use more general terms, and sometimes more specific terms, so make sure that you have
alternative search words. The most successful managers need to be recognized by their companies.
Purchase defined as “the acquisition of needed goods and services at the optimum cost from
competent, reliable sources in a timely manner.”. Though there are several organizations that attempt
to set standards in the purchasing process and the process can vary between organizations to
organization. Top management sets organizational strategy for achieving organizations plans, and
they allocate the human and financial resources to coordinate the work and achieve success (Laudon
and Laudon 2012). The reputation of one of the world’s greatest entrepreneurs was questioned.
Journal of Management Information System, 21(4), 199-235. They initiate organizational goals and
ensure the plans and goals are achieved as expected. Most of the nongovernmental organization
projects use standard office tools to manage a huge amount of field data. Regarding the function of
top managers as decision makers, policy formulation, allocation of resources, supervising and review
of the implementation of accounting information system for projects, their support and commitment
might be associated with a greater influence on designing and execution of accounting information
system and information success on the project (Young and Jordan 2009). But some scholars are of
the opinion that the increasing changes within the shareholders’ portfolio in various times become
problematic (Jensen and Fuller 2002:45). Receive goods Vendor prepares to supply the goods and
service to the buyer after receives the PO. The main approaches which help accounting reader and
prevent creative approaches by com panies are. Adobe Express Go from Adobe Express creation to
Issuu publication. Update General Ledger Buyer updates the general ledger as per the purchase
records. Journal of Business and Economics Research, 1(8), 123-130. Psychological factors such as
extrinsic motivation also play a large role in enticing the workers to actively engage in company
activities.
The value of R2 is 0.577 which indicates that top management support and individual factor
simultaneously contribute 57.7% variation in accounting information system of nongovernmental
organization projects in Tanzania and the rest can be attributed to other factors. Innovative Human
Resource Practices in Indian Banks: A Study from HR Manager’. Compliance, effectiveness,
integrity, efficiency, availability, confidential and truth revealed as characteristics of quality of
accounting information by Susanto (2013). Task technological fit is applied in the study in the act of
recording, processing, and reporting accounting information for projects through the utilization of
accounting information system. These findings can be used to solve problems that hinder the
implementation of accounting information systems for attaining quality information in
nongovernmental organizations projects in Tanzania. Following the equity theory, the employees with
the least prospect of redressing payment inequities should have the greatest incentives so that they
can respond to salary inequalities by cognitive adjustments. Quest International Multidisciplinary
Research Journal, I (II), 155-158. Download Free PDF View PDF See Full PDF Download PDF
Loading Preview Sorry, preview is currently unavailable. With hindsight a few favorable
circumstances to this concept can be identified, circumstances first related to the economical advent
of world states but at the same time to need of economic entities to create for them a good
reputation in an increasingly competitive and tough economic environment. Prepare shipment
documents Seller sends the goods to the buyer after preparing the invoice and packing list. Literature
review helps researcher to remove limitations of existing work or may assist to extend prevailing
study. Information system research applies contingency theory to explain contingency variables that
interrelate on implementing an effective information system (Reinking, 2012). KMO value varies
from 0 to 1, and a value close to 1 shows that patterns of correlations are relatively compact and
factor analysis is applicable while the value close to 0 shows that the sum of partial correlations is
large relative to the sum of correlations, which result to diffused pattern of correlation; hence
inappropriateness of factor analysis occurs. Table 3 indicates the model summary of the relationship
between top management support, individual factor and accounting information system. Many
believe that the best way of showing appreciation for this unity between the shareholders and the
managers is by using share-based options. For instance, an accounts receivable subsidiary ledger
would contain a separate account for each credit customer, tracking that customer’s balance
separately. International Journal of Managing Projects in Business, 1(4), 498-511. In a manufacturing
environment, a sales order can be converted into a work order. Psychological factors such as extrinsic
motivation also play a large role in enticing the workers to actively engage in company activities. The
requisition form is available from the Procurement Department, and contains a complete list of
information that is required to complete a purchasing transaction. RESOURCE ACCOUNTING: A
SURVEY OF POTENTIAL PROBLEMS. Human Resource. Research Leap is where business
practice meets research. A questionnaire used to collect information from users of accounting
information and accounting information system in different nongovernmental organizations projects
in Tanzania. The research examined the effect of top management support and individual factors on
the implementation of accounting information system and its impact on quality of accounting
information for nongovernmental organizations projects in Tanzania. Further, it was examined that
which evaluation method of. Projects sustainability has been noted as a serious problem, and there is
little information concerning the sustainability of projects rather than how they were implemented
(Bamberger and Cheema, 1990). Conclusion Shareholders are an important lot in the corporate
world. There is positive correlation between top management support, individual factor and
accounting information system. Managers have been accused of getting much more than they deserve
while the employees are sweating more to help them achieve a fat check at the end of the month
(Fama and French 2001:16). Monitoring and evaluating the way managers operate is one effective
way of meeting company goals and aligning the interests of all parties.
Update account payable and general ledger Account payable and general ledger accounts will
upgrade after payment to vendor. These variables interconnect to each other to produce successful
system implementation. Dr. S. Nirmala, Deepthy. K:: A Study Of Cointegration Between. Creative
accounting is a term which is used as a systematic misrepresentation of the true and fair income,
liabilities and assets of corporations or organizations. According to Field (2009), the value of
unstandardized (B) coefficient explains the relationship between dependent variable (accounting
information system) and each independent variable (top management support and individual factor).
Journal of Management Information System, 21(4), 199-235. Development partners are the main
funders of nongovernmental organizations projects. The company must first be ready to create a
corporate objective that plays a critical role in defining the productivity and efficiency of its
executives to avoid confusion and misunderstandings. These summarise what the article is about so
you know if to include it. These findings can be used to solve problems that hinder the
implementation of accounting information systems for attaining quality information in
nongovernmental organizations projects in Tanzania. Explaining and Predicting Our Digital Society,
Vol. 1, Integrated Series in Information Systems 28, pp.247-262. They advice that a certain number
of shareholders should be chosen to monitor the firm’s managers and thus ensure that things run
smoothly has been put forth. Social Posts Create on-brand social posts and Articles in minutes. The
issue of disclosure is very vital in any organization based on the sensitivity of the remunerations
issue. Update account receivable After receiving the cash payment, seller updates the accounts
receivable accounts and general ledger. 2. Expenditure: Expenditure process includes Purchase
Purchase Return Cash Disbursement Payroll Purchase: What is purchase. The study was carried out
on nongovernmental organizations operated in Tanzania in different sectors. Dr. S. Nirmala, Deepthy.
K:: A Study Of Cointegration Between. Management Accounting Relevance: Practice, Variance and
Current Research Agenda Nizar Alsharari This paper aims to discuss the relevance of management
accounting by considering the practice variance and current research agenda. More from ijcite V3 e6-
017Educational Media Awareness Among The Higher Education Teachers-An A. Analyzing
Remuneration Packages The past history, if anything to go by, teaches the corporate world that
managers, however effective, require having a maximum for the company to remain afloat even
when they leave. Types of creative accounting mean how many ways creative accounting may be
done and what are the solutions of creative accounting so that the effect of creative accounting may
be minimized. For instance, GE’s CEO had planned for some lavish retirement benefits that were
kept secret to the board and the shareholders (Fama and French 2001:23). Bangladeshi mans wear
brand Cats eye company ltd submits a purchase order of 500 pcs of shirt to Micro Fiber Company
Limited. These entails controlling people, processes, activities, quality, market, and business units.
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International Journal of Management Science and Business Administration, 4(3), pp.19-29.
Management Science, vol. 53, no. 5, pp. 834-848. Laux, V. 2008 On the value of influence activities
for capital budgeting. Independent’t’ test was used to find the difference in the disclosure of Human.
Corporate governance can play an important role in financial reporting of the company because
financial report shows the state of affairs of the company and investors take decision on the basis of
financial report of the company. People are entitled to get the maximum they can from their hard
work.
They help companies in deciding about the different instruments which help company to involve in
creative accounting. Prepare shipment documents Seller sends the goods to the buyer after preparing
the invoice and packing list. Use the research interest to choose a research topic. Update account
payable and general ledger Account payable and general ledger accounts will upgrade after payment
to vendor. RESOURCE ACCOUNTING: A SURVEY OF POTENTIAL PROBLEMS. Human
Resource. GIFs Highlight your latest work via email or social media with custom GIFs. International
of Journal Economics and Finance, 5 (8), 74-83. They however have little control over those elected
or nominated as the board of directors and this jeopardizes their chances of controlling those elected
as managers. Adobe Express Go from Adobe Express creation to Issuu publication. Some of the
money may come from another source of financing, such as a bank or a small business center loan.
The most successful managers need to be recognized by their companies. The Book of Success The
Book of Success VENTURE CAPITAL FINANCING - CONCEPT, PURPOSE AND SCHEMES.
Receive goods Vendor prepares to supply the goods and service to the buyer after receives the PO.
We also analysed involvement of different professionals in creative accounting like accountant,
lawyers and bankers. Further, these compensation plans are seen to weigh heavily on stock
compensations and were more related to incidents of accounting frauds. The main objective of the
present study is to explore the literature review related to. Relationship between corporate
governance and creative accounting. Table 3 indicates the model summary of the relationship
between top management support, individual factor and accounting information system. The model
of the study and hypothesis were developed from existing literature reviewed. They talked about
National Code of Ethics for Professional Accountants of Romania. Although there are some
technical problem with it. The most popular measure of internal consistency is Cronbach’s alpha
which presents the coefficient of inter-item correlation. The standard attempts to rectify this by
setting out definitions and the appropriate accounting treatments, particularly for transactions like
consignment stocks, sale and repurchase agreements, and factoring of debts. Innovative Human
Resource Practices in Indian Banks: A Study from HR Manager’. Importance of Aligning Interests
Corporations, as stated above, were first an individual or personal entity. For instance, GE’s CEO
had planned for some lavish retirement benefits that were kept secret to the board and the
shareholders (Fama and French 2001:23). Many however argue that the lack of proper and adequate
disclosure on how much each of these executives earns has placed a barrier between them and other
employees (Jensen and Murphyn 2004:13). Speaking to somebody who is familiar with the field will
help to clarify any areas that you are uncertain about. This ambition of making figure more appealing
or opposite is as old as 500 years. The value of adjusted R2 reflects the goodness of fit of the model
in the population and should be equal to or very close to the value of R2 (Field, 2009).
International Journal of Management Science and Business Administration. 2018 Mar,4(3):19-29.
Analysis of Top Management Support and Individual Factors Influence on Accounting Information
System and Its Impact on the Accounting Information Quality for Projects. Strategic human
resource management technology effect and implication for dis. There are several actions that could
trigger this block including submitting a certain word or phrase, a SQL command or malformed
data. Most of the nongovernmental organization projects use standard office tools to manage a huge
amount of field data. Upload Read for free FAQ and support Language (EN) Sign in Skip carousel
Carousel Previous Carousel Next What is Scribd. Because it is a new project, establishing the target
niche and clientele is significant. But some scholars are of the opinion that the increasing changes
within the shareholders’ portfolio in various times become problematic (Jensen and Fuller 2002:45).
Psychological factors such as extrinsic motivation also play a large role in enticing the workers to
actively engage in company activities. Conclusion Shareholders are an important lot in the corporate
world. They advice that a certain number of shareholders should be chosen to monitor the firm’s
managers and thus ensure that things run smoothly has been put forth. The principle-agent
relationship comes about as a result of the separation of powers and control in the company. The
customer’s PO is the originating documents which trigger the creation of the sales order. The Keiser-
Meyer-Olkin measure of sampling adequacy and Bartlett’s Test of Sphericity used to examine the
appropriateness of factor analysis. Report this Document Download now Save Save Literature
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Search inside document. To achieve this aim, the essay will first evaluate the control roles played by
MA. The payroll system, being a core accounting system is essential to the management as it
streamlines the organization's ability to stay on top of its regulatory and legal responsibilities. The
fund will transfer to the payroll bank and update general ledger. 3. Conversion: Conversion process
includes Planning Resource Management Logistics Planning Business planning is a process that
involves the creation of a mission or goal for a company. Daoud and Triki (2013) revealed that top
management involvement has a positive impact on the accounting information system on
investigating the effects of top management on accounting information system. They initiate
organizational goals and ensure the plans and goals are achieved as expected. This subsidiary ledger
would then be totaled and compared with its controlling account (in this case, Accounts Receivable)
to ensure accuracy as part of the process of preparing a trial balance. International Journal of
Management Science and Business Administration, 4(3), 19-29. Secondly, they sought to allow the
same stakeholders to purchase and sell their investments and share interests easily. Accounting
Disclosure Practices in Indian Companies. However, the average remuneration package offered at the
entry level is also competitive with the other professions. This means top management’s support is
vital in the organization in formulating policy, procedures, and supervision on accounting information
system which are used to protect organization assets from loss or frauds, to ensure accuracy and
reliability of accounting records and reports. HRA gained positive effect overseas assignment on
personal development. It. It may be characterized by excessive complication and using innovative
ways of characterizing income, assets and liabilities. This essay thus evaluates the argument that
management accounting plays crucial control roles that cannot be explained in economic terms only.
This is meant to limit the risk-taking behavior that some of the managers are known for.
Knowing how much capital needs to start a business will be a deciding factor on the type of
business might be start. The requisition form is available from the Procurement Department, and
contains a complete list of information that is required to complete a purchasing transaction. It has
been found that contingency theory in the implementation of accounting information system is
closely linked with the specific attribute of organizational and individual variables (Ginzberg, 1980).
This report will cover several areas of vital importance. Update account receivable After receiving the
cash payment, seller updates the accounts receivable accounts and general ledger. 2. Expenditure:
Expenditure process includes Purchase Purchase Return Cash Disbursement Payroll Purchase: What
is purchase. Historical cost measurement was suggested as an appropriate method of. It was
suggested that if global accounting regulatory standards are adopted then. Opportunity cost, standard
cost, current purchase cost, and power and economi. Further, these compensation plans are seen to
weigh heavily on stock compensations and were more related to incidents of accounting frauds. The
principal here being the shareholders, directs the activities of the agents and thus implies that the
agent has to act on behalf of the principal and based on the principal’s directions. Accounting
information quality for projects is achieved from the application of accounting information system
(Ilhemeje, 2015) but projects stakeholders’ lack of systematic information on how their investments
are producing the intended benefits by the use of accounting information system (Bamberger and
Cheema, 1990). This ambition of making figure more appealing or opposite is as old as 500 years.
Unleashing the Power of AI Tools for Enhancing Research, International FDP on. Issuu turns PDFs
and other files into interactive flipbooks and engaging content for every channel. The theory has also
been developed in accounting information system and management information system studies.
Similarly for industrial classification, the result was that creative accounting was likely. The value of
consistency is expressed as coefficient between 0 and 1, the higher the value of the coefficient, the
more the consistency is. Update account receivable After the sales return, seller updates the account
receivable accounts, cash record and general ledger. We also try to look on the accounting standard
parts which allow creative accounting and how it should be modified by the accounting authorities to
reduce the effect of creative accounting because in present scenario, the accounting standards have
some loopholes which provide alternative methods of accounting e.g. Recognition of revenue,
methods charging for depreciation, recognition of cost etc. Global Edition, Twelfth Edition,
England: Pearson Education Limited. The Book of Success The Book of Success VENTURE
CAPITAL FINANCING - CONCEPT, PURPOSE AND SCHEMES. Creative accounting is a term
which is used as a systematic misrepresentation of the true and fair income, liabilities and assets of
corporations or organizations. Once the requisition has been approved, it will be used to create a
Purchase Order (PO). The figures which are fed twice a year to the investing public have all been
changed in order to protect the guilty. As a result of this, the 1951 convention sought to bring all the
remunerations at par within the companies without watering down the motivation of all the
employees. Creative accounting refers to accounting practices that may or may not follow the letter
of the rules of accounting standard practices but certainly deviate from those rules and regulations.
Nongovernmental organizations leaders have highlighted development partners’ expectations and
financial accounting as central to their current accountability practices (Schmitz et al., 2012). For
achievement of effectiveness in facilitating monitoring programs and projects, accountability has
been viewed as a fundamental (O’Dwyer and Unerman, 2010). The study variables tested are top
management support, individual factors, accounting information system and accounting information
quality. The only problem is that this will be a reward for success but not used as a penalty for
failure. The value of R2 is 0.577 which indicates that top management support and individual factor
simultaneously contribute 57.7% variation in accounting information system of nongovernmental
organization projects in Tanzania and the rest can be attributed to other factors.