The Accounting Information System in Practice
After the registration of a new firm at the court – which
means the birth of the enterprise – in addition to the essential
economic activity in close connection with it – the formation of
the accounting information system has outstanding importance.
Concerning the accounting information system, the first
important step is to decide how to realize the book-keeping of
the enterprise:
➣ working within the enterprise (inner book-keeping)
➣ entrusting a book-keeping office (outer bookkeeping).
The choice is greatly influenced by the size of the
enterprise, as well as its economic competence. A further
emphatic aspect can be how to ensure the adequate flow of data,
as the ability to react and decide thoughtfully greatly depends
on the obtained information.
In the case of forming the accounting information system,
among the requirements of the system I would draw attention to
the conformity to the laws: both to the rules of accounting law
and to conditions of the accounting policy (newly formed firms
are obliged to prepare their accounting policy within 90 days
after their formation) and to the registration and obligation to
the tax authorities.
The most important purpose of the accounting information
system is to promote the activity of the enterprise, to form a
reliable and real picture of it. The accounting information
system promotes the activity of the enterprise effectively in the
case of the following points:
➣ preparing up-to-date statements,
➣ providing as much information as possible so that the
data should be understandable not only for the experts
(book-keepers),
➣ contributing to different statistics by means of the
links of the system,
➣ tracking liquidity.
Further questions may be asked in connection with the
effective support of the economic activity concerning the
accounting information system, e.g.:
➣ Does book-keeping support the system in controlling
liquidity?
➣ What kind of income covers the expenses?
The Accounting Information System and the
Information Technology
The spread of informatics has given rise to a completely
new way of providing information. The development of
information technology is a great help in accounting to manage
the piles of data. In the 20th century the world-wide expansion
of technology and informatics created the possibility of using