Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Reflection paper/Reflection essay
27/08/2022
Aim:
The aim of this project is to provide innovative techniques in the accounting system which adds value to the organization and customers. The new system should have security measure to prevent leakage of financial information of the organization. The aim of this project is to propose an automatic accounting information system for the smooth working of the operations within the enterprise. The cloud based accounting system is the proposed project for the smooth functioning of business operations.
Objective:
The objectives of the project are to optimize the wealth of the shareholder, to satisfy the long term action plan, customer satisfaction, enhance the decision making capabilities of the financial manager, investment decisions, profitability management, inventory management, cash management, and others. The cloud based technology is able to resolve the issues of error in the financial data.
Research Problem and Questions:
The companies want to adopt new information system to remain ahead of their competitors. The development in the field of trends and technologies helps in enhancing the working scenario of the firm (Conde, 2015). The cloud based innovation in the accounting system helps in improving the decision support system, customer relationship management, communication, and knowledge management of the business. The agreement on the technical standards brings the standardization in the accounting on financial management and business operation. There are five driving forces which focuses on the innovation of accounting system are categorised as business strategies, operations, structure, strategies, performance, and ownership. The effectiveness of the organization can be achieved by the social and economic impact on the driving forces (Jackulik, 2013). The coordination and linkages are the basic problem which acts as the hurdles in smooth functioning of operations. It has been analysed that the poor communication and control in the decision making process result into the declining of the enterprise profit (Brown, 2103). Some of the research questions are described below:
What are the requirements of adopting innovation in the accounting n financial management?
What is the effect of innovation on the decision making process of the enterprise?
What are the benefits of accounting information system?
How the productivity of the enterprise can be increased?
What is the role of accounting management in the growth of the firm?
What is the need of improving the accounting techniques of the enterprise?
Read less
Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more