Accounting - NZDB504E-18EX-M05 by TANZ eCampus https://padlet.com/itsupport4/vb53om7l7u6m en-us 2018-04-23 03:21:05 UTC 2018-05-19 08:16:01 UTC hello@padlet.com Accounting- Tane Edwards tjedwards03 https://padlet.com/itsupport4/vb53om7l7u6m/wish/257059450 "The purpose of an accounting information system (AIS) is to collect, store, and process financial and accounting data and produce informational reports that managers or other interested parties can use to make business decisions." (Accountingeduorg, 2018)

Accountingeduorg. (2018). Accountingeduorg. Retrieved 2 May, 2018, from https://www.accountingedu.org/accounting-information-systems.html]]> 2018-05-01 22:56:30 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/257059450 Accounting https://padlet.com/itsupport4/vb53om7l7u6m/wish/257518864 Well researched definition.
Accounting is a tool. An important and necessary tool that should always provide relevant, useful information.]]> 2018-05-03 04:49:12 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/257518864 Accounting - Minette Young clintonminette https://padlet.com/itsupport4/vb53om7l7u6m/wish/258188248 An Accounting system is the process of recording, summarizing and reporting transaction that occur in the organisation. These transactions are summarized and prepared in to financial records (financial statement, balance sheet, income statement and the cash flow statement) which is used by the Board of Directors and managers to assist in making decision in the organization. (Investopedia 2018).  (Businessdictionary 2018)

Investopedia. (2018).  Retrieved May 4, 2018.  https://www.investopedia.com/terms/f/financialaccounting.asp
Businessdictionary. (2018).  Retrieved May 4, 2018.
www.businessdictionary.com/defiition/accounting.html



]]> 2018-05-05 02:41:31 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/258188248 Accounting - Adele Gilchrist https://padlet.com/itsupport4/vb53om7l7u6m/wish/258308572 The accounting function within a business is to keep finanical records. From salaries and donations to capital and operational expenses. Due to its monthly tracking, it creates a history for managers to see, at any given point, the increase or decrease of the businesses wealth. There are generally two main formsknown as managerial accounting and also Financial accounting. ]]> 2018-05-06 15:02:09 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/258308572 Accounting - Jo Columbus jocolumbus90 https://padlet.com/itsupport4/vb53om7l7u6m/wish/258426024 The function of Accounting in a business is to measure business activities and communicate the results in a systematic way to management and stakeholders. This shows whether the company had made a profit or loss, then allowing better financial decisions to be made by the stakeholders. ]]> 2018-05-07 07:46:03 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/258426024 Accounting - J. Bensen j_bensen https://padlet.com/itsupport4/vb53om7l7u6m/wish/258767111 The main function of accounting is that of financial record keeping. 
There are two  main forms of accounting:
1. Managerial Accounting is used internally for planning and moving the organisation forward in a financially sound manner by looking at past and present data.
2. Financial Accounting involves looking at past data determining the organisation's value as a whole. This is important information for external stakeholders. 
http://smallbusiness.chron.com/accounting-functions-organization-22781.html
http://foundersguide.com/importance-of-accounting-and-finance-in-business/

http://www.yourarticlelibrary.com/information-technology/important-functions-of-a-typical-business-enterprise-7352-words/10267

]]> 2018-05-08 02:36:17 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/258767111 Accounting - Hannah Salmond hannahsalmond https://padlet.com/itsupport4/vb53om7l7u6m/wish/260337210 2018-05-14 05:19:04 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/260337210 Accounting - Hannah Salmond https://padlet.com/itsupport4/vb53om7l7u6m/wish/261415152 The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a business. This information is then used to reach decisions about how to manage the business, or invest in it, or lend money to it. This information is accumulated in accounting records with accounting transactions, which are recorded either through such standardized business transactions as customer invoicing or supplier invoices, or through more specialized transactions, known as journal entries.

https://www.accountingtools.com/articles/what-is-the-purpose-of-accounting.html]]> 2018-05-17 00:25:26 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/261415152 Accounting - S.Cocker https://padlet.com/itsupport4/vb53om7l7u6m/wish/262085373 The primary purpose of any accounting function is that of ongoing financial record keeping. Monetary information of all types--operational expenses, salaries, donations, capital expenditures, investments, cash flow, utilities--should be tracked on a monthly basis at a minimum. The ongoing result is the creation of an organization’s financial history that can be used in a variety of ways, as it gives managers a snapshot of the firm’s financial health and wealth at any given time.
http://smallbusiness.chron.com/accounting-functions-organization-22781.html]]> 2018-05-19 08:13:19 UTC https://padlet.com/itsupport4/vb53om7l7u6m/wish/262085373