https://padlet.com/rukkumanni11/i1d492kkfh31 en-us 2018-03-21 14:32:07 UTC 2018-03-21 15:45:58 UTC hello@padlet.com rukkumanni11 https://padlet.com/rukkumanni11/i1d492kkfh31/wish/244549459 In accounting information system, there are two types of users which are trading partners and stakeholders. Trading partners are two parties who have drawn agreement to trade certain items or information to each other. Stakeholders on the other hand, means, important people in business who have interest and concern in that particular business, for example, employees, government and creditors. These users are important in the information systems framework which involves financial and non financial transactions for user decisions in the future. The subsections in this framework are transaction processing system(TRS), general ledger/ financial reporting system(GL/FRS) and management reporting system(MRS). Accounting information system ease the job scope of accountants in various ways in data storage. For instance, special software consisting computer programs are used for processing data, information technology infrastructure includes all the hardware used to operate accounting information system and internal controls are the security measures used to protect data in the system. The reliability on accounting information system is almost in parallel perspective with the ethics of an accountant which are, confidentiality, availability, processing integrity, privacy and security of a company's data. The accounting software mentioned above are commonly used in Malaysia which are, SQL and MYOB. Accountants are usually encouraged to pursue higher knowledge in accounting field is to both master and gain more precise knowledge of accountancy and the usage of accounting information system in daily job scope in any businesses. Accountants usually encounter two types of fraud; employee fraud and management fraud. Employee fraud means converting cash or other assets to the employee's personal benefit whereas management fraud is more harmful as it usually involves material misstatements of financial data. Fraud and accountants are usually related with the fraud triangle which are situational pressures that leads to dishonesty, opportunity through direct access to assets and ethics which relate to accountancy and accounting information system.]]> 2018-03-21 14:36:21 UTC https://padlet.com/rukkumanni11/i1d492kkfh31/wish/244549459