Brief Introduction

An accounting system has been described as an integrated framework within on entity (such as a business firm) that employs physical resources (ie material, supplies, personnel, equipment, funds) to transform economical data into financial information for (a) conducting the firm operation and activities and (b) providing information concerning the entity to a variety of interested users.

An accounting system has all the elements or characteristics of a system such as inputs, processes, outputs, controls, and feedback. Davis of al write that “system is the anatomy of accounting.” It domain comprises the entire financial dimensions of business operations, including the flow of financial intelligence throughout the organization and beyond.

The objective of the accounting system is to provide integrated and accumulated information that should assist management in making decisions for the effective and efficient execution of the goals of the organization. An accounting system should be able to identify, assemble, classify, record, and report an entity’s transactions and maintain accountability for the related assets and liabilities. In order to accomplish these objectives, the system should have sufficient and appropriate methods and records.

Table of Content

CHAPTER ONE
General Introduction
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Significance of the study
1.5 The scope of the study
1.6 Research limitations
1.7 Definition of terms

CHAPTER TWO
Review of related literature
2.1 Introduction
2.2 Accounting information system
2.3 Computer technology and accounting
2.4 Computer application for small business
Note

CHAPTER THREE
Research methodology
3.1 Nature of the study
3.2 Sources of data
3.3 Method of data presentation

CHAPTER FOUR
Model – A company presentation
4.1 Historical background
4.2 Organizational structures
4.3 The accounting system of model computers company

CHAPTER FIVE
Dave presentation
5.1 Basic issues
5.2 Daceasy accounting package
5.3 Computerization at MCC
5.4 Daceasy and basic accounting operations

CHAPTER SIX
Findings, summary and conclusion, and recommendations
6.1 Findings
6.2 Summary and conclusion
6.3 Recommendations
BIBLIOGRAPHY
LIST OF FIGURES
Fig. 4 – 1 Mcc organization chart
Fig 5 – 1 Daceasy system interface
Fig 5 – 2 Customer module
Fig 5 – 3 Vendor
module
Fig 5 – 4 Product module
Fig 5 – 5 General ledger module
Fig 5 – 7 Fixed asset module
Fig 5 – 8 Purchase order module
Fig 5 – 9 Invoicing module
Fig 5 – 10 Financial module
Fig 5 – 11 Default layout of accounts
Fig 5 – 12 Chart of account
Fig 5 – 13 Model chart of accounts
Fig 5 – 14 Fixed assets list
Fig 5 – 15 Current trial balance
Fig 5 – 16 Current profit and loss financial report
Fig 5 – 17 Period balance sheet