The Effect of Accounting Information System in Improving Business Profit

Running head: ACCOUNTING INFORMATION SYSTEM IMPACT IN IMPROVING
BUSINESS PROFIT
The Effect of Accounting Information System in Improving Business Profit: A Case Study on
Retail Industry
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1
ACCOUNTING INFORMATION SYSTEM IMPACT IN IMPROVING BUSINESS
PROFIT
Executive Summary
Implementation of such technology in the accounting system is deemed to make the operations
of business faster, simpler and better in several ways. Research on this field has progressed over
years where it is evidenced that for increasing profitability of a business the accounting process
of the companies must be improved From analyzing the findings of the selected four articles
several effective managerial implications have been deduced that is intended to offer better
strategies in developing effective accounting information system that can further improve
business profit. The findings of these articles also revealed that implementing technologically
advanced Accounting Information System also contributes in increasing profitability with
maintaining information accuracy and maintaining accounting process faster than human
capability.

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ACCOUNTING INFORMATION SYSTEM IMPACT IN IMPROVING BUSINESS
PROFIT
Table of Contents
Summary of Theory and Progression in Selected Research Field...................................................3
Common Themes across Selected Articles......................................................................................3
Theme 1: Changing Retailing Sector...........................................................................................3
Theme 2: Indicators of Retail Performance.................................................................................4
Theme 3: Accounting Information System and Productivity......................................................4
Theme 4: Accounting Information System in Retail Businesses................................................5
Different Themes across Selected Articles......................................................................................5
Theme 1: Regulatory Environment of Australian Retail Industry...............................................5
Theme 2: Accounting Information System and Profitability in Small Scale Businesses............6
Theme 3: Accounting Information System and Productivity of All Businesses.........................6
Theme 4: Trends and Issues in Online Retailing.........................................................................7
Managerial Implications of Selected Articles..................................................................................7
Research Limitations and Future Directions Proposed in Selected Articles...................................8
References........................................................................................................................................9
Bibliography..................................................................................................................................10

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ACCOUNTING INFORMATION SYSTEM IMPACT IN IMPROVING BUSINESS
PROFIT
Summary of Theory and Progression in Selected Research Field
With technological advancement all the business activities based aspects have bee
changed. Technological changes in the major business processes are observed to have impact on
the success of the business in the global competitive environment. Moreover, it is gathered from
existing researches that technological innovations within businesses is affected through several
changes and innovation (Urquía Grande, Pérez Estébanez and Muñoz Colomina 2011).
Considering such situation, technology within the accounting process is vastly employed in the
current years that manage day to day transaction and storing in the clouds. Implementation of
such technology in the accounting system is deemed to make the operations of business faster,
simpler and better in several ways.
Research on this field has progressed over years where it is evidenced that for increasing
profitability of a business the accounting process of the companies must be improved (Kapute
Mzuzu, Maureen 2014). This is for the reason that the accountant re responsible for having
understanding on the company’s current profitability along with the strategies employed by the
companies in increasing its profit in the near future. In ensuring same, the companies must
implement efficient technology that makes the recording simpler, better, faster along with safer
that further assists in better decision making.
Common Themes across Selected Articles
Theme 1: Changing Retailing Sector
Four of the articles that were selected explaining the ways in which trends are changing
in the retail sector that is affecting performance of these companies Urquía Grande, Pérez