¶ … cloud-based Accounting Information Systems is Marks' "Are cloud based accounting apps ready for prime time? 5 things you should know." The first of the five points about utilizing AIS through the cloud is that security is typically not a problem with utilizing such services. One of the chief reasons for this, the article explicates, is because of the various forms of security available. Firstly, there is the security that the cloud service provider has against outside threats. These include sophisticated firewalls and other types of cutting edge IT security systems. Moreover, there is the security that is found at the user level, and which helps to protect organizations internally from individuals within their own organization utilizing (or even viewing) data that they should not. Specifically, there are user-based access mechanisms that enable those leveraging this service to present the requisite credential to view relevant data. Additionally, the author references two cloud AIS providers who have exceedingly high rates of availability -- nearly 100%. Moreover, the author also references the fact that service providers typically provide backup copies of a user's data, which can be beneficial for security purposes as well as in the event that some attack erases...
Accounting Systems There are many ways in accounting to get the job done right but two basic approaches give accountants a foundation to work upon. The purpose of this essay is to examine the differences between manual and computerized accounting systems. This essay will explain the history and development of both types of systems and will break down the advantages and disadvantages of them as well. Explanation and History of the Manual
Accounting and Intrusion Detection In a report issued by Paladin Technologies, Inc., entitled: "Security Metrics: Providing Cost Justification for Security Projects," 273 organizations were surveyed on the topic of security. The report illustrates in quantifiable terms the depth and reach of intrusion detection on the financial viability of the organization. The combined reported losses from the firms surveyed totaled $265.6 million in 1999. The highest loss categories were reported as follows: Type
Application Development and Interface Customization for Accounting & Finance The core aspects of this area of analysis are supported for embedded SQL, support for standard and embedded interfaces, support for XML and Web integration technologies. Many enterprises program their own native SQL applications for analyzing and reporting their financial results. The use of embedded SQL in financial accounting and analysis has become commonplace as mobile-based platforms have become more commonplace throughout
Leverage permits superior possible returns to the investor than otherwise would have been obtainable but the probable for loss is in addition superior, since the investment becomes valueless, the loan principal and all accumulated interest on the loan still need to be paid back (Kotarski, 2009). In monetary economics it has been projected for a long time that financial capital is put into a company each time the probable return
The Cost Effectiveness of Cloud Computing within an Accounting Organization Table of Contents 1 Introduction 4 1.1 Background 4 1.2 Significance of the Topic 4 1.3 Research Problem 5 1.4 Research Questions 5 1.5 Purpose of the Study 5 1.6 Methodology 5 1.7 Good Title for Study 5 2 Literature Review 6 2.1 Cloud Computing Definition 6 2.2 Types of Cloud Computing Services 6 2.2.1 Infrastructure as a Service (IaaS) 6 2.2.2 Platform as a Service (PaaS) 7 2.2.3 Software as a Service (SaaS) 7 2.3
Accounting Systems Assessing the Current and Future State of The lifeblood of any business is the revenue it generates while managing costs, ensuring profitability of the business, and its long-term survival and growth. The catalyst of managing a business effectively is the use of accounting information, financial analysis, and increasingly in the 21st century, the use of real-time financial analytics on key performance indicators (KPIs) used to manage a business
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