Search results
Results from the WOW.Com Content Network
An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers.An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
Even contracts that have already been obligated could be canceled. Although "it's unusual, you could do it more broadly," he said. Pentagon bogged down with price gouging, accounting troubles
Resources, events, agents (REA) is a model of how an accounting system can be re-engineered for the computer age.REA was originally proposed in 1982 by William E. McCarthy as a generalized accounting model, [1] and contained the concepts of resources, events and agents (McCarthy 1982).
Financial software or financial system software is special application software that records all the financial activity within a business organization. Basic features of this system not only includes all the download of accounting software like accounts payable, accounts receivable, ledger, reporting modules and payroll but also to explore alternative investment choices and calculate ...
Pages in category "Accounting systems" The following 46 pages are in this category, out of 46 total. ... Cash method of accounting; Completed-contract method;
The FASB expected the system to reduce the amount of time and effort required to research accounting issues, mitigate the risk of noncompliance with standards through improved usability of the literature, provide accurate information with real-time updates as new standards are released, and assist the FASB with the research efforts required ...
A Ricardian contract can be defined as a single document that is [1] a contract offered by an issuer to holders, for a valuable right held by holders, and managed by the issuer, easily readable (like a contract on paper), readable by programs (parsable like a database), digitally signed, carrying the keys and server information, and
A main purpose of the project to develop IFRS 15 was that, although revenue is a critical metric for financial statement users, there were important differences between the IASB and FASB definitions of revenue, and there were different definitions of revenue even within each board's guidance for similar transactions accounting for under different standards. [3]