Volume 1 Issue 1 | 2024 | View PDF
Paper Id: IJMSM-V1I1P101
doi: 10.71141/30485037/V1I1P101

Modern Accounting Systems can Support an Organization's Efficient Management: A case of A, B, and C Transportation

Manivasanthan R, Jonathan J, Arshard M

Citation:
Manivasanthan R, Jonathan J, Arshard M, "Modern Accounting Systems can Support an Organization's Efficient Management: A case of A, B, and C Transportation" International Journal of Multidisciplinary on Science and Management, Vol. 1, No. 4, pp. 01-06, 2024.

Abstract:
Computerized accounting systems (CAS) are becoming essential instruments for improving organizational management effectiveness. This study looks at how CAS affects A, B, C Transport's operations, which is a well-known transportation provider. This study uses a case study methodology to examine how the organization's financial management, reporting, and decision-making procedures have been transformed by the adoption of CAS. It is discovered through observation, data analysis, and interviews that CAS has greatly accelerated real-time access to financial information, reduced errors, and enhanced data correctness in accounting processes. Furthermore, improved organizational coordination and responsiveness to market dynamics have resulted from the integration of CAS with other management systems. Overall, this study emphasizes how important it is for CAS to function as a catalyst for effective management techniques in modern businesses.

Keywords: Computerized accounting systems, A,B, and C transport, Efficiency, Management, Organizational operations, Financial management.

References:
1. Wahab, A. (2003). An approach to Accounting 2ndEdition. United States of America: Irwin McGraw Hill Publishers.
2. Carol L. Cook, “How Computers have Simplified Accounting,” Curriculum Units by Fellows of the Yale-New Haven Teachers Institute, vol. 8, pp. 1-20, 1989.
3. Frank Wood, and Alan Sangster, Frank Wood's Business Accounting UK GAAP, Financial Times Prentice Hall, vol. 2, pp. 1- 815, 2008.
4. Mohd Fazli Mohd Sam, Yasuo Hoshino, and Md Nor Hayati Tahir, “The Adoption of Computerized Accounting System in Small Medium Enterprises in Melaka, Malaysia,” International Journal of Business and Management , vol. 7, no. 18, pp. 1- 14, 2012.
5. Ahmad A. Abu-Musa , “The Perceived Threat to the Security of Computerized Accounting Information Systems,” The Journal of American Academy of Business, vol. 3, no. 1, 2003. Google Scholar
6. Richard Lewis, and David Pendrill, Advanced Financial Accounting, Pitman, pp. 1-266, 1986.
7. Walter B. Meigs, and Robert F. Meigs, Accounting the Basis for Business Decisions, 7th Ed. United States of America: Irwin Mc Graw Hill Publishers, 1987.
8. Michael E. Porter and Victor E. Millar, “How Information Gives Competitive Advantage,” Sietmanagement, pp. 1-6, 1985.
9. Leslie Turner, and Andrea Weickgenannt, Accounting Information Systems: The Processes and Controls, 2nd Edition: Controls and Processes, John Wiley and Sons, PP. 1-672, 2012.
10. Pallai, C.R.S (2007). Qualities of organizational management. Retrieved on March, 6, 2011
11. I.M. Pandey, Essentials Of Financial Management, 1E, Vikas Publishing House, PP. 1- 486, 2009.