Benefits and Effectiveness of Accounting

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FOREIGN STUDY

COMPUTERISED ACCOUNTING SYSTEMS AND FINANCIAL REPORTING.
AMVIKO AGNES
JULY 2011
http://cees.mak.ac.ug/sites/default/files/publications/AMVIKO.pdf

The research was based on two variables these are computerized accounting systems which comprise of definitions, components of computerized accounting software and benefits and limitation of computerized system and financial reporting which also comprises of definitions of financial reports, benefits and effectiveness of accounting system used at National Water and Sewerage Corporation. The study will enable management to understand the significance of preparing quality and reliable financial reports. The study will point out weakness in the accounting system which management needs to address.

Computerized Accounting System at The MARA State Offices
IRACST- International Journal of Research in Management & Technology (IJRMT), ISSN: 2249-9563 Vol. 2, No.6, December 2012
http://www.iracst.org/ijrmt/papers/vol2no62012/6vol2no6.pdf
Siti Aminah Ismail
Majlis Amanah Rakyat (MARA)
Malaysia

Norman Mohd-Saleh
Faculty of Economics and Management
Universiti Kebangsaan Malaysia

Selamat Kundari*
Faculty of Economics and Management
Universiti Kebangsaan Malaysia

The Government of Malaysia through the Department of Accountant General (MDAG) has instructed MARA to implement the Standard Accounting System for Government Agencies (SAGA). This is a total Enterprise Resource Planning (ERP) System, developed based on web-based application and is using an accrual basis of accounting. The SAGA financial system enables its users, particularly the government agencies to close their accounts on a daily basis, monitor their daily financial activities as well as produce standardized financial reports to the stakeholders at any place and any time. However, upon completion of the SAGA financial system analysis, MARA identifies that the system could not cater all MARA business activities. Processes such as disbursement of scholarship and loans to students and entrepreneurs are not covered by the system. As such, MARA still has to maintain its existing databases and therefore made special request to the MDAG to exclude the implementation of SAGA while awaiting MARA ICT consultant’s recommendations on the development of a new MARA Total Information and Financial System.

As a conclusion, the SAGA financial systems could not be used by MARA on its own. The end-users in MARA need to operate both, SAGA and its own systems at the same time. This situation could lead to users’ confusion if they are to use different type of system when updating certain type of financial transaction. This is because the end-user of MARA Computerized Accounting System could only utilized the SAGA Financial System just for ordinary operating expenditures whilst any disbursement of expenditure pertaining to subsidiary system, they still need to use the existing MARA Financial Systems. Consequently, internal controls and security functions may not be easily built in the systems. Concurrent use of both systems may affect job satisfaction and performance of the end-users.

Introducing Computerized Accounting Information Systems in a Developing Nation: Egyptian International Motors

Company (EIM) Case Study
Khaled Dahawy, The American University in Cairo (Auc), Egypt; E-mail: dahawy@aucegypt.edu Sherif Kamel, The American University in Cairo, Egypt

This study aims to assess the implementation of accounting information system on a company in a developing nation. To answer this question this manuscript attempts to do the following: (1) identify the reasons for the shift to an automated system and the main goals that the company aim to achieve form this shift, (2) determine the company’s strategic decisions like choices between outsourcing versus in-house development, and ready made packages versus tailor made software, (3) describe the steps of...
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