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Accounting Information System (AIS) : Assignment

   

Added on  2021-04-17

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Portfolio activity 4 (The proposal)Name: Insert text here.Student number:Insert text here.email:Insert text here.Academic supervisor: Insert text here.Project title: Insert text here.Please describe the topic you are interested in, and explain why you think this is a topic worthy ofstudy (suggested word count: 250)Description of the topic: Accounting information system (abbreviated as AIS) indicates towards a particular framework thatbusiness entities deploy to acquire, store, process, revive and pronounce financial data (Brinkmann2014). This system can be suitably used by different owners, accountants, consultants, agents of tax,business analysts along with managers. Fundamentally, this can aid in the course of facilitatingdecision making procedures within business concerns and can be tailored to the needs of theenvironment of the firm, business structure along with requirements of business actions (Amin et al.2016). However, the main purpose of the current study is to critically assess the effect accountinginformation systems on profitability level of firm on the whole. The present study in that way canendeavour to comprehend the nature of association between accounting information systems usedby the business and its profitability. The current study is said to be justified and worthy as this can help in analytically evaluating theimpact of information systems on profitability of concerns. In addition to this, this study also intendsto lay stress on significance of this system of accounting information on process of decision making.Nevertheless, there is uncertainty in prediction of the way increasing need for accountinginformation system can alter profitability of the corporation as this system delivers a base to thecorporation, to deal with the vendors, workers as well as customers. Also, the fact that majority ofthe businesses has not incorporated the usage of accounting information system in their dailyoperations can be evaluated and certain concerns can be addressed (Dandago and Rufai 2014).Accounting provides important business information with respect to transactions in pecuniary termsas accounting is a way of acquiring, classifying, evaluating as well as communicating requisite data forbusiness decisions. Thus, this study can help on dealing with the overall quality and excellence ofaccounting information system and its influence on profitability of firms. Subsequently, it can be saidthat this study is worthy as it can analyse where society on the whole can benefit from theaugmentation of accounting information system. According to Diatmika et al. (2016), accountinginformation system (AIS) is a primary part of the information system of a firm that can aid indelivering processed data. Essentially, this processed data can help in firm in gathering importantinformation that is essential in arriving at business decisions and exerts huge influence on firm’sprofitability. you have identified twelve journal articles that could be relevant to your study. You will have seen

that on any topic, the existing pieces of literature vary in regard to the research question theyaddress, and the research design and data collection method they use. Please explain what youconcluded from this exercise, in relation to your own topic (by doing so, you will be producing asummative literature review). If you are unsatisfied with the results you generated at the time, youmay want to redo this exercise now (suggested word count: 500)Fitriati and Mulyani (2015) suggest that AIS delivers important tools to fund department to augmenteffectiveness of the organization. Also, showed the subsistence of a strong association between AISand level of effectiveness of corporation, necessarily this indicates towards the fact access to AIS willshow the way toward enhancement of effectiveness of corporations. According to Ismail and King(2014), accounting information system (AIS) is a primary part of the information system of a firm thatcan aid in delivering processed data. Essentially, this processed data can help in firm in gatheringimportant information that is essential in arriving at business decisions and exerts huge influence onfirm’s profitability. As rightly indicated by Fitriati and Mulyani (2015), accounting information systems are necessarilybuilt-up with error free arrangement of acquiring needed information and data as regards thebusiness transactions of firms utilizing electronic together with automatic processes for collection ofrequisite data and enumerating errors. Komala (2017) suggests that these systems are by designtaking place with the required information of business transactions and help in saving time withorderly and well-timed accounting and correct accounting information. However, the conclusion ofsuch a scheme requires essential investment and the time to acquire the potential benefits from theinvestment carried out on purchasing and executing this kind of systems.Komala (2017) explored the nature of association between AIS and firm’s profitability and observedpositive relationship between the two. () says hat accounting information system provides requisiteinformation regarding the way to plan and present accounts and can make requisite alterations asand when necessary. Essentially, activities of accounting become quite simple by using this systemwith quicker, accurate and well-timed records of accounting and evaluation of the financialassertions that are necessarily prepared within the specific systems. However, at the time whencorporations practice such kind of system, they arrive at accurate and at the same time error freerecords of accounting and future prediction for growth of business as well as profitability. In essence,these accounting information mechanisms are developed with error free arrangements of amassingrequisite information and data as regards the business transactions of the corporation utilizingelectronic and automatic systems. Essentially, this facilitates the process of collection of data andcomputing particular errors. As correctly put forward by Fitriati and Mulyani (2015), one of the mostimportant supposition in the processes of decision making and development economy is subsistenceof worthy and well-timed information. As such, effective information can be derived from AIS andfrom financial declarations. Basically, qualitative as well as quantitative features of accountinginformation that takes in steadiness, timeliness, significance, understandability, comparability as wellas appropriateness of decision making is directly associated to decision-makers along with theirconsequences, in due course it will have an effect on to the overall firm’s profitability. Fitriati andMulyani (2015), suggest that real useful accounting information is required to satisfy therequirements of various decision makers. Book-keeping replicates the fact that a regular requirementis the accounting, synopsis and declarations.

What is(are) your main research question(s)? You can include subsidiary questions if needed, but ifyou include more than one question, do think about whether this is really a good idea or not. Primary Research Question developed for the study is hereby presented below:- What is the nature of association between accounting information system (AIS) and the level ofprofitability of business concerns?Secondary research question developed for the study is hereby presented below:What are the significant features of accounting information system?What are the major influences of system of accounting information on profitability of firms?What is the kind of association that exists between firm’s profitability and processes ofdecision making of firms?Based on your current ideas, please outline, explain and justify your current choice of researchdesign. If you are proposing to use a mixed methodology design, please do consider whether it isreally appropriate, or whether it is simply a way of avoiding making a choice. If it is the latter,please give more thoughts to this matter. The current focusing on methods reflects methodologies of study that the learner has the intentionto pursue. However, in a bid to act in response to the characterised investigation inquest and forgetting to a complete point of the current study, definite information is necessary. Nevertheless, for the point of the study at hand, the learner has the intent to accept a deductiveapproach of research that can be related to design of hypothesis based on previously subsistingnotions as well as themes (Flick 2015). Particularly, for the purpose of the study at hand, the learnerhas the intent to adopt blended approach by executing quantitative method initially and subjectiveassessment after that. As a result, the learner has the intent to adopt mixed research method thattakes in both quantitative along with qualitative systems of investigation for acquiring requisiteinformation. Fundamentally, this inevitably can aid the procedure of acquiring and assessing bothquantitative together with qualitative data, amalgamate two dissimilar forms in diverse manner, andattach significance to two diverse classes of data (Flick 2015). As regard philosophy of research, the learner aspires to adopt Positivism that refers to attainment ofscientific plus substantiated data otherwise positive facts amassed from a range of sources that cannecessarily be identified as empirical evidences. The study at hand chooses philosophy of positivismas this take into account the society as a whole that counts the physical world running according tothe general set of laws and conventions (Humphries 2017). Based on your current ideas, please outline, explain and justify your current choice of datacollection method. Try to explain why this type of data is the most suitable to answer your

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