In: Accounting
Select a small firm such as a florist shop, building
contractor, super market, tooling
workshop, carpenter, etc. (avoid pharmacists, and
supermarkets)
Answer the following questions
A. A brief description of the firm’s background, such as products,
environment and
services it provides, the industry of which is a member, its
physical facilities and
other assets, and its employees
B. A brief description of the major purposes, characteristics and
resources of its AIS
C. Listing of its key accounting transactions
D. Listing of the varied users of its AIS
E. A brief description of key reports prepared by the AIS for its
managers
F. A description of key procedures in terms of steps and activities
performed by its
For the small Firm You selected complete the
following
• A brief description of the system's characteristics
• listing of the primary operations of the company
• organizational chart
• listing some of those decisions that must be made on the
Strategic and tactical levels the information needed for those
decisions
• description of the processing of basic transaction through the
accounting cycle including compass both components employed for one
of those transaction and the key financial outputs
• If the firm currently uses a computer based accounting
information system draw the hardware configuration and identify the
variety of applications used by the system also described one of
the key applications. Suggest additional applications that appear
to be feasible
• if the firm does not use a computer-based AIS propose a system
that appears to be feasible and the applications that it should
handle also draw a Hardware configuration diagram of the proposed
system