AIS project - acct PDF

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AIS project Hand out 1

Select a small firm such as a florist shop, building contractor, super market, tooling workshop, carpenter, etc. (avoid pharmacists, and supermarkets)

Answer the following questions A. A brief description of the firm’s background, such as products, environment and services it provides, the industry of which is a member, its physical facilities and other assets, and its employees B. A brief description of the major purposes, characteristics and resources of its AIS C. Listing of its key accounting transactions D. Listing of the varied users of its AIS E. A brief description of key reports prepared by the AIS for its managers F. A description of key procedures in terms of steps and activities performed by its AIS...