Bank Accounting Information System And Electronic Banking Introduction Information technology has had as much impact on our society as the industrial revolution. In the information age, companies are finding that success or failure is increasingly dependent on their management and use of information. Therefore, companies need a good information system that enabled an efficient and effective use of information to give them more competitive advantage (Moscove, Simkin, & Bagranoff, 1999). An information system is a set of interrelated subsystems that work together to collect, process, store, transform, and distribute information for planning, decisions making, and control. An information system need not be a computerized system, but the use of computer in information systems can improve the efficiency of information collection, processing, storing, transformation and distribution. An accounting information system (AIS) is the information subsystem within an organisation that accumulates information from the entity’s various subsystems and communicates it to the organisation’s information processing subsystem. The information processing subsystem is likely to be a separate department in the organisational entity that is responsible for computer hardware and software (Moscove, Simkin, & Bagranoff, 1999). The AIS has traditionally focused on collecting, processing, and communicating financial-oriented information to a company’s external parties (such as investors, creditors, and tax agencies) and internal parties (principally management). Today, however, the AIS is concerned with non-financial as well as financial data and information. In general, a bank’s AIS has the same role as in other companies that is to provide financial and non-financial information to the company’s external parties (such as investors, creditors, and tax agencies) and internal parties (principally management). However, due to the characteristics of banking business, banks’ AIS have specific important features related to their liquidity management and the management of their customers’ accounts information. A bank has to manage its liquidity efficiently in order to maximize profit and to fulfil regulation requirements (minimum reserve requirement). To perform such duties, the treasury manager needs information of consolidated balance of customers’ deposits, loans and o... ... middle of paper ... ...ssinger, J. (1999). The virtual banking revolution; the customer, the bank and the future. International Thomson Business Press. Holland, C.P., & Westwood, J.B. (2001). Product-market and technology strategies in banking. Communications of the association for computing machinery, New York, 6, 53-57 Lipis, A.H., Marschall, T.R., & Linker, J.H. (1985). Electronic Banking. Electronic Banking, Inc. Atlanta, Georgia. John Wiley & Sons Inc. Michaels, J.W. (1998). PC banking household segments. Forbes, 12, 261-262 Moscove, S.A., Simkin, M.G., & Bagranoff, N.A. (1999). Core concepts of accounting information systems. 6th edition. John Wiley & Sons Inc. Romm, C.T. & Sudweeks, F. (1998). Doing business electronically, a global perspective of electronic commerce. Springer-Verlag. London. Smith, L.M., Strawser, R.H., Wiggins Jr, C.E. (1991). Readings and problems in accounting information system. McGraw-Hill Companies Inc. Taylor, P.C. (1999). Big trends in community banking for 2000. America’s Community Banker, 3, 16-19 Williams, B.C., & Spaul, B.J. (1991). I.T. and accounting; the impact of information technology. The Chapman & Hall Series in Accounting and Finance.
Every day, each individual will look back on decisions he or she have made and mature from those experiences. Though it takes time to realize these choices, the morals and knowledge obtained from them are priceless. In George Orwell’s nonfictional essay, “Shooting an Elephant”, a young Orwell was stationed in Burma for the British imperial forces, tasked to deal with an elephant who destroyed various parts of the village Moulmein while its owner was away. Backed by second thoughts and a crowd of thousands, he finds himself shooting the elephant and reflecting that it was not justified; however, it was a choice pushed by his duty and the people. Written with a fusion of his young and old self’s outlook on shooting the elephant, Orwell’s essay is a sensational read that captivates his audience and leaves them questioning his decision.
In “Shooting an Elephant” writer George Orwell illustrates the terrible episode that explains more than just the action of “shooting an elephant.” Orwell describes the scene of the killing of an elephant in Burma and reveals a number of emotions he experienced during the short, but traumatic event. Effectively, the writer uses many literary techniques to plant emotions and create tension in this scene, leading to an ironic presentation of imperialism. With each of the realistic descriptions of the observing multitude and the concrete appeal of the narrator’s pathos, Orwell thrives in persuading the audience that imperialism not only has a destructive impact on those being governed under the imperialists’ oppressive power, but also corrupts
He brought her into his home and at first seemed to truly love her. Not soon after it was obvious that she was trapped in his home with no hope of escape. A small bump in her plan of being reunited with Nick, but she was prepared to stop at nothing. She injured herself to appear as she had been brutally raped. Then when Desi came home presented herself to him in a manner that he would attempt to sleep with her. While they were having sex, Amy took her chance and slit his throat. Sometimes love is strong enough to drive one mad. Mad enough to even commit a
Orwell’s story provides an empathetic rendering of the politics of power Nandy through the eyes of a disenchanted British police officer stationed in Burma who encounters an escaped elephant. He is trapped between his personal desire to leave the elephant in peace and the need to demonstrate to the Burmese the ‘manly’ resoluteness of a ruler by shooting it. This performative aspect of fulfilling a role affirms Nandy’s belief that colonialism begins with the internalisation of colonial role definitions (Nandy 6). Eventually, the narrator’s will is subordinated in favour of the crowd’s – “When the white man turns tyrant it is his own freedom that he destroys” (Orwell 152).
Stair, R.M., Reynolds, G.W., Gelinas, J.U. Jr., Sutton, S.G., Hunton, J.E., Albright, S.C., Winston, W.L. & Zappe, C. (2007) Accounting Information Systems and Financial Modelling, Thomson, South Melbourne, Victoria, Australia.
The quest for power is one which has been etched into the minds of men throughout history. However, it can be said that true power is not a result of one’s actions but comes from the following one’s own beliefs without being influenced by others. This principle sets up the story for Shooting an Elephant by George Orwell. The protagonist, Orwell himself, is a sub divisional police officer in Burma, a British colony. Orwell must try to find and use his inner power when he is faced with the decision of whether or not to kill an elephant which has ravaged the Burman’s homes. The state of power established through the imperialistic backdrop show that Orwell, as a colonist, should be in control. As well, the perspective and ideas given by Orwell show his true character and lessen the overall power set up for him. Lastly, the symbols shown are representations of traditional forms of power, but take on different implications in the story. In Shooting an Elephant, George Orwell uses setting, characterization and symbols to show that true power comes from following the dictates of one’s conscience.
The character, himself, is part of the British rule and is supposed to have all of the power. The Burmese, though, dangle the power in front of him. He is weak and unsure of himself, stating that he “wears a mask, and his face grows to fit it” (60). The character is not able to stand up for what he believes in -- that is, not shooting the elephant. There is a back and forth struggle in his mind about whether or not the elephant needs to be killed. Orwell’s character is fully aware that it is wrong and immoral to shoot an innocent creature, but eventually secedes to the demands of the Burmese, attempting to prove his cooperation and loyalty to those watching. In a way, the Burmese represent the pressures of society. Because of this, the audience can sympathize with the main character. There are always times when we, the readers, are unsure of ourselves, but we eventually make a decision. Whether we make the decision for ourselves or are assisted by others, in the end, we must take responsibility for our own actions. In a broader sense, Orwell’s character represents the internal conflict that everyone faces: should we conform to society or should we be our own
Genetically Modified Organisms (GMO) are one of the most important issues in the world today. GMOs are organisms that have had their genetic DNA altered for improvements in productivity and quality. Their pros and cons to those who consume them and the economy around them have been weighed heavily for years, with no true answers coming to the surface. With the widespread science of GMOs becoming more abundant, people should know the truth behind what is being done to their food before consumption, to then form their own opinions. However, all bias aside, GMOs do cause harm in many ways, but while benefiting the world in many ways.
I am interested in conducting research and teaching in managerial accounting, auditing and assurance services and accounting information systems. In particular, I am interested in exploring the role of accounting information systems in decision making, internal control, and auditing. In order to gain an appreciation of these and related issues, it is essential for me to have a strong grounding accounting, accounting information systems, information technology, managerial accounting, as well as gain a general economic and management perspective.
Individuals who suffer from BPD have problems being able to regulate emotions and thoughts, are impulsive with their behaviors, and tend to carry unstable relationships with other people. Those who suffer from BPD may also experience suicidal behaviors and completed suicides. In the movie Amy had a calendar with sticky notes, two of which were marked “Kill self?” on different dates. And although she didn’t go through with either one, the possibility was very much in her realm of doing so. Another symptom of hers that ties in well with her BPD, is Narcissistic Personality Disorder. One of the symptoms from this disorder should be obvious, a need for admiration which has to be evident to the individual from their spouse. They tend to lack empathy for others and are often described as self-centered and manipulative. Amy over time developed a maladaptive style of functioning in the world that ultimately caused her to not only harm herself but also other people as well. Due to her NPD, she had a powerful sense of entitlement, meaning she was able to rationalize each action she made, even as misconstrued as it may be to the average person, and act as if it was perfectly normal. Amy’s deceitfulness was very apparent throughout the movie. From every calculated note left for the annual scavenger hunt, to the crime scene she orchestrated, down to every action she took to
"Shooting an Elephant" is perhaps one of the most anthologized essays in the English language. It is a splendid essay and a terrific model for a theme of narration. The point of the story happens very much in our normal life, in fact everyday. People do crazy and sometimes illegal moves to get a certain group or person to finally give them respect. George Orwell describes an internal conflict between his personal morals and his duty to his country to the white man's reputation. The author's purpose is to explain the audience (who is both English and Burmese) about the kind of life he is living in Burma, about the conditions, circumstances he is facing and to tell the British Empire what he think about their imperialism and his growing displeasure for the imperial domination of British Empire.
Modern information system is now popular all over the world, it also change the accounting area. Instead of the old manual analysis, many companies making effort in developing a fitted accounting information system for themselves, as they realize the advantages that the new technology brings in - more efficient and accurate in processing, integrated data, detailed record etc. However, even though there are so many benefits, the functional system also brings challenges, making new requirements to the accountants and auditors. This paper will discuss the impact of technology to the accounting information system, as well as the necessary capability ethics that the accountants should learn in this 21th century.
Nowadays with the implementation of new emerging technologies, the way businesses keep this financial information has become computerised. At the moment businesses use computers with a computerised accounting system in order to perform many other new activities than what they were able to do in the past. Businesses can access financial information from different department in the organisation, access to the information through computers and find financial data very fast, being more efficient. (Beliss, 2013)