e-Skills for Innovation in Knowledge Society: e-accounting in India
Mr. Gaurav Malpani
First Published April 23,2013
Authors
- Mr. Gaurav Malpani
Affiliation
- Assistant Professor FMS- IRM Jaipur
Abstract
Accounting is the information system business activity, processes the data into reports, and communicates the results into the decision makers, which could be Individuals, Business, Investors, Creditors, or Taxing Authorities (Horngren, Harrison, 2007). The primary purpose of the accounting information system is the collection and recording of data and information regarding events that have an economic impact upon organisations and maintenance, processing and communication of such information to external and internal stakeholders (Stefanou, 2006). There has been constant growth in the use of the information and communication in business to support the exchange of data and information within and between organisations. New technologies, like the Internet and Mobile solutions, have provided new business opportunities and operations.
E-Accounting refers to electronic accounting, a term used to describe an accounting system that relies on computer technology for capturing and processing financial data in organisations. When organisations adopt e-accounting, they usually discover that even though computerised accounting systems handle financial data efficiently, their value will then they are able to generate immediate report regarding the organisation (Hotch, 1992).
Keywords
E-SKILLS , E-Accounting, , e-commerce
References
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