Accounting Information Systems II
Section outline
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Dear Learners!
We are excited to have you on board for this course. This course unit aims to equip you with both theoretical and practical skills in computerized accounting principles. Throughout the course, you will gain knowledge of Information Technology Accounting software, and financial modeling.
Get ready for an enriching learning experience!
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- Overview of Accounting Information Systems
- The Information Environment
- The Information System
- The Accounting Information System
- Management Information System
- The role of Accountants
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- To appreciate the manual accounting information system, advantages, disadvantage
- To appreciate why companies, computerize their accounting
- To Appreciate the various categories of computerized accounting software packages
- To learn the factors that may be necessary in selecting an accounting information system.
- To appreciate the benefits of computerized accounting visa vi manual accounting information system.
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- To appreciate the modeling of accounts to create a comprehensive AIS.
- Create and maintain various ledger accounts
- Construct Loan Amortization Schedules:
- Manage Asset Schedules
- Prepare Final Accounts
- Apply Best Practices in Excel Accounting Modeling
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The main purpose is to Prepare a financial accounting model in Microsoft Excel.
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Using the financial transactions given to prepare financial statements.
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Use the information provided by the Cashier of Suprex Co Limited to :
To Prepare (a) General Journal (b) the statement of profit or loss and (c) the statement of financial position of SUPREX Co as at 31 October 2020
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A motor vehicle costing of 60 m has an estimated life of 5 years and a residual value of 7m. Calculate the annual depreciation using a straight line method.
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Accounting Software
- Manual Accounting and computerized Accounting
- Why an accounting software,
- Types of accounting software,
- choosing an accounting software- factors to consider
- Benefits of using computers, Disadvantages of using computers, defenses to demerits
Introduction to QuickBooks: Setting up QuickBooks
Working with Customers in Quick books
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