Crown Case Analysis
Essay by emman14 • May 1, 2017 • Research Paper • 343 Words (2 Pages) • 828 Views
CHAPTER 2
REVIEW OF RELATED LITERATURE AND STUDIES
This chapter includes the related information and studies conducted in the past that deal with the effect of work environment on the job satisfaction of employees in an organization. This includes the conceptual literature, research literature, and the synthesis.
For further understanding of the study, the researchers made use of different reading materials related to the impact of Computerized Accounting System in financial reports. These materials such as books, thesis, and other web articles are essential in broadening the knowledge of the researchers. These will also guide the researchers to achieve their target objectives by getting ideas on other related studies and make improvements as possible.
Related Literature
As many professional accountants and auditors’ state accounting as a language of business which is accepted for all developed and developing countries but what exactly accounting is? Well, accounting has been defined by many authors in various ways.
Accounting provides financial information about a business or not for profit organization. Owners, managers, investors, and other interested parties need financial information for decision making. (Woode & Sangster, 2008)
According to Osmond (2011), accounting is the way business owners manage their company’s financial information in orders to make better decision regarding their companies.
Every company applies accounting because it is generally accepted that companies have to reveal certain financial and management information to economic users and of course, because accounting is an indispensable tool in business decision making process. Accounting is an important part of every company thus; businesses are required to keep proper books of accounts.
Computerized Accounting System
Jennifer Van Barren (2010) defines computerized accounting as the accounting done with the aid of a computer. It tends to involve dedicated accounting transaction. Computerized Accounting Systems involves the use of computers to handle large volume of data with speed, efficiency, and accuracy aimed at overcoming the fundamental. However, does not mean change in principle, the principle of accounting remains the limitations of manual accounting and hence producing
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