Tuesday, May 19, 2020

In The Early To Mid-1900S America Was Faced To Go Through

In the early to mid-1900s America was faced to go through wars and racial discrimination. Intolerance towards race and religion continued for years before the U.S. entered World War 2. But after WWII America lead the path for change. Book authors Thomas Bruschino and Derek Charles Catsam both explain the change that forged America to the America it is today. The books of Bruschino and Castam; A nation forged in war, freedom main line: the journey of reconciliation and the freedom rides. Bruscino writes of the time before WWII to the time during WWII to the time after WWII while Catsam continues to the effect that WWII had on America. But when you think of WWII you think of all the people who died for this country, the amount of money and†¦show more content†¦But before this happened he writes on how â€Å"many prominent military men were worse than the average American when it came to ethnic and religious tolerance. On the surface, there was no real reason to expect that th e army would be the great engine of change. Yet during world war II, it was the army that brought together Americans and taught them to get along.† in his book Bruschino continues to explain what brought the soldiers together with stories of soldiers who went through the War. One example came from a man named Frank Delgino who says â€Å"the CCC taught me discipline, how to take orders, how to be a good friend with your buddy in the bunk next to you. We were all good friends. I don’t think there was an enemy in the camp.† As Bruscino writes the men had to stripped down naked in front of the other men, shower and defecate in the open, share and sleep in the same camps with no privacy to have, as well as having to wear the same clothing and shave their heads bald. This made every man in that camp equal regardless of their race of religion. Furthermore, the men learned to get along with each other and see that there all the same and in those camps for one reason a nd one reason only; to fight for their country. About the men seeing themselves as each other Bruschino describes the time the men spent during the war. He goes on to say that the men had nothing to reallyShow MoreRelatedThe Impacts Of The Industrial Revolution1612 Words   |  7 PagesThroughout the course of the early 1700s and 1900s the world started to become introduced to the production of machinery. Starting in Europe and expanding into the Americas we today classify this era as the Industrial Revolution. The Industrial revolution put the use of hand tools downward while bringing up the use of factory machines. Factory machines by the late 1800s would soon replace farming with manufacturing at a large scale in the nation. This was seen to be a malificent time, for peopleRead MoreContrast and Comparisons between The Colour Purple and I Know Why The Caged Bird Sings2522 Words   |  11 PagesIn Maya Angelou’s I Know Why the Caged Bird Sings and Alice Walker’s The Color Purple, important aspects of the African American women’s experience in America in the early/mid. 1900’s are discussed such as the physical abuse and emotional abuse they endured and their social standing in society. In both novels you are able to witness the anguish and persecution that these women had to undergo. 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African Americans deserved the same fair treatment of American freedom. In this poem Hughes knew that by labor he’s an American citizen; but as a black man in the pre-Civil rights movement, he wasn’t being treated like one. This poem identifies the struggles of a working minority black man. FreedomRead MoreEducation : The United States1654 Words   |  7 PagesK-12 education is free to every child in the United States, it is difficult for us modern Americans to imagine a world where public schools have not existed. Although, 150 years ago in many places throughout the country, not even elementary education was provided publicly; in fact, even by the turn of the 20th century, some young individuals still did not have entry to free public high schools. 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Hughes was born in 1902 in Missouri where his parents divorced when he was a young child. He was raised by his grandmother until his teenage years before he moved to live with his mother and her new husband. He was a college graduate from Lincoln University and was an award winning novelist. Another author, Edward McClelland

Wednesday, May 6, 2020

Project Management Application Of Knowledge, Skills And...

CHAPTER TWO LITERATURE REVIEW 2.1 INTRODUCTION The first chapter introduced the research problem that raised the question of whether project management methodologies can be tailored down to Nigerian SMEs. This chapter presents the academic literature pertinent tothe research, and places it in context of the research. The significance of literature review is to show the summary of previous research works, which are related to a researcher’s present study. It also allows the researcher to compare its problem, methods, findings and conclusions with the works of previous researcher. The main function of thischapter is to establish a solid foundation of the existing literature (historical, conceptual and empirical), and to investigate in line with the research objectives. 2.2 CONCEPTUAL AND THEORETICAL LITERATURE 2.2.1 Concept of Project Management Project Management Book of Knowledge (PMBOK, 2007) defines project management as the application of knowledge, skills and techniques to project activities to meet project requirement. Peart (1974) also added that project management is also the work involved in the planning, controlling, coordinating and completing a specific task or series of task. According to Kerzner (2004), project management is the planning organizing directing, controlling of company resources for a relatively short-term objective that has been established to complete specific goals and objectives. 2.2.2 History of Project Management While the procedureShow MoreRelatedProject Management : Application Of Knowledge, Skills, Tools And Techniques885 Words   |  4 Pages EMEN 5030 PROJECT MANAGEMENT JOURNAL Pavani Potluri Graduate Student Interdisciplinary Telecom Program TABLE OF CONTENTS 1. INTRODUCTION 3 2. PROJECT MANAGEMENT STRATEGIC PLANNING 5 3. THE PROJECT MANAGER 7 4. PROJECT ORGANISATION AND PROJECT TEAMS 9 5. COMMUNICATION AND STAKEHOLDER MANAGEMENT 11 6. CONFLICT AND NEGOTIATION 13 REFERENCES 14 1. INTRODUCTION Project Management is not limited to a particular sector of the industryRead MoreProject Management Is The Application Of Tools, Skills, Techniques, And Knowledge1690 Words   |  7 PagesAccording to Project Management Institute, project management is the application of tools, skills, techniques, and knowledge to successfully run project activities and subsequently meet the project goal and the required result (PMI, n.d.). Project management has informally been in practice in a business world for centuries and our ancestors have been utilizing this philosophy in doing business and/or commencing on plans and ventures for a very long time. But, project management, formally, emergedRead MoreProject Management : The Application Of Knowledge, Skills, Tools, And Techniques1918 Words   |  8 PagesIntroductionProj Introduction Project management is the application of knowledge, skills, tools, and techniques to conform to customer demands. From this definition, the main focal spot of this assignment is to meet the needs of Dambek in the terms of looking at the information offered to my group and coming after the scope of it. From what I gathered, it mainly reflects the performance specifications of the project deliverables. I remember presenting the project scope was a great advantage becauseRead MoreChange Management Project Management Is The Application Of Knowledge, Skills, Tools And Techniques1280 Words   |  6 Pages Change Management Project Management Definition: Change management is the application of processes and tools to manage the people side of change from a current state to a new future state such that the desired results of the change (and expected return on investment) are achieved. * From Prosci ® Definition: Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. * From PMBOK ® Guide Intent: To ensure that the solutionRead MoreSystems Analysis Design And Project Management Individual Assignment1371 Words   |  6 Pages Systems analysis design and project management Individual Assignment Raad Alteimeh University of North Alabama CIS 625-I03 Enterprise Systems Analysis Design Professor David Nickels System analysis and design Information system analysis and design is a complex, challenging, and stimulating organizational process that a team of business and systems professionals uses to develop and maintain computer-based information systems (Valacich, J. S., George, J. F. (2017). It is a process thatRead MoreProject Managment Essay779 Words   |  4 Pagesor renewed interest in the field of project management? There is a new or renewed interest in the field of project management because there is new technologies that are significantly used in many different countries and to keep in contact with these industries. World wide project management is used to develop the many different projects that are important within the industries. 2. a. What is a project, and what are its main attributes? b. How is a project different from what most people doRead MoreProject Management1015 Words   |  5 Pagesor renewed interest in the field of project management? IT is growing at a rapid rate and with that growth demands people to manage this growth. People I think are more trained to be project managers and also there is new software that helps tremendously with the management part of the tasks. So demand is up, skilled workers are up, and the cost benefit is there for this renewed interest. 2. What is a project, and what are its main attributes? How is a project different from what most people doRead MoreThe Orion Shield Case Analysis Essay1629 Words   |  7 PagesThe Orion Shield Project Case Study Executive Summary Project management is the science of planning, organizing, executing, and managing the resources needed to achieve a specific goal. Effective project managers (PM) strategically facilitate the entire project management process to ensure the project’s success. To do this the PM must adequately meet the specific requirements (i.e., time, scope, quality, and cost) set forth by the project and its stakeholders. It is theorized that PM must possessRead MoreThe Role of System Analyst1542 Words   |  7 Pagesobject oriented analysis rapidly change the very nature of system development â€Å" 1. 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This report elucidates in detail different factors at SCU Samples for

Question: Discuss about This report elucidates in detail different factors at SCU ? Answer: Introducation This report elucidates in detail different factors at SCU that need to be taken into account in the process of assessment of the effectiveness of the control environment with special reference to the operations of SCU. Moving further, this study expounds five effectual internal controls that are present in the current system and determines the risk that can be controlled using the internal control processes. In addition to this, this study also detects and discusses diverse weaknesses in the present internal control of the company SCU for sales as well as trade receivables. This study hereby outlines the necessity of the IT functions in the accounting system for development of efficiency of the accounts receivables processes. In addition to this, this study also outlines the importance of IT functions for detection of internal control risks that can affect the business and the way the present internal control can mitigate diverse identified risks. Identification factors at SCU that need to be taken into consideration The management of SCU Limited (SCU) needs to take into consideration effectiveness as well as efficiency of operations, preservation of reliability of financial reporting and maintenance of compliance with laws as well as regulations. In order to attain success, the unit management needs to acquire knowledge as well as support concerning institutional controls, implement practical as well as effectual internal controls that are specific to a definite unit. In essence, five different factors that SCU needs to take into account include control environment, risk assessment, control activities, information and communication and monitoring (Romney and Steinbart 2012). Different components of the control environment that need to be examined include integrity as well as ethical values, commitment to competence, philosophy as well as operating style of the management, structure of the organization, consignment of authority as well as responsibility (Du and Huddart 2016). The assessment of co ntrol environment of SCU Limited include proper administration of the goal of preservation of mechanization, proper establishment of application programs, effective management of bonus and salary and many others. The factor of risk assessment under internal control involves appraisal of organizational goals, identification of risks and prioritization, management of change, management of supervision. In addition to this, assessment of risk also includes appraising outside sources, assessment of response mechanisms and self-assessment mechanisms (Stair and Reynolds 2013). Thereafter, the management of the corporation also needs to take into account and undertake certain control activities that are part of internal control. These control activities include written policies as well as procedures, control procedures in addition to controls over information system (Drury 2013). In addition to this, internal control also include appraisal of information as well as communication that includes assessment of accessibility to information and determination of different communication patterns (Rainer et al. 2013). Other than this, the component of monitoring includes human resource policies as well as pra ctices. Identification of five effective internal controls in the system There are certain effective internal controls in the entire system as can be understood from the internal control manual. Essentially, the use of stock code while entering the total quantity delivered in the computer system can be considered to be very effective. This is because it helps in automatic retrieval of stock code price from particularly the master file of the selling price. Thus, this coding of stock can be considered to be an effective system of internal control that can help in setting price against the goods sold automatically. The use of the stock code at different delivery notes as well as at time of entering quantity delivered can help in the process of proper maintenance of identification of products and proper quoting of price of the products. Thus, this system of effective control can help in averting the risk of improper identification of a unique product and this stock code can act as an identification label for individual items (Simkin et al. 2014). Again, proper quoting of prices of the products is also possible only with accurate identification of the products having stock code. In addition to this, the use of the corporations volume rating system can also be considered to be effective system of internal control. The process of receiving authorization from the sales director before application of discounts to valued customers can also be considered to be an effective internal control. The process of obtaining approvals from the sales director before doling out discounts to customers can help in mitigating the risk of allotting discounts to customers who are not qualified and fit for the offer (Mahama et al. 2016). Thus, use of sales volume analysis report for volume rating can help in identification of valued customers that can aversion of the risk of selling products at discounts to non-entitled customers. Also, this process of acquiring approval from the director can also help in averting the risk of improper updating of customer discounts. The process of producing computer generated analysis at the end of each month grounded on invoices that are entered into the computer system can also be regarded an effective internal control. This computer generated system of analysis can help in mitigating the risk of presence of any kind of inaccuracies in the system of trade receivable as well as sales in the business process. This system can check whether the entire process has a working potential, help in processing as well as storing the information as regards the sales as well as trade receivables (Grabara et al. 2014). The digitally implanted information from invoice therefore can be used for generation of analysis that again can be used for arriving at business decisions. Thus, risk of inaccuracy in processing, storing and interpreting information can be avoided by using this particular computer generated system. The system of preparation of reconciliation of trade receivables ledger to particularly the debtors control account present in general ledger can help in effective control of sales and trade receivables (Collier 2015). Again, the system of analysis of the trade receivables account at the month end and assessment of amounts outstanding for over 90 days by financial controller of the firm SCU can also be regarded to be effective system of internal control. The process of preparation of reconciliation statement can be regarded to be an effective system that can help in proving as well as documenting the fact that the account balance are essential in agreement. Thus, this process helps in mitigation of the risk of imbalances by proper reviewing of documents as well as assessment of analytics (Muhammad and Kusuma 2014). Again, the implementation of an action plan for the purpose of internal control can help in registering all the details as regards the amounts that needs to the provided to different doubtful debtors. Proper follow up of the designed action plan is also undertaken for the purpose of internal control. This in turn can help in proper monitoring as well as control of trade receivables and sales (Guragai et al. 2014). The use of the action plan can help in the process of listing all the tasks that need to be accomplished in a bid to attain organizational objectives. Thus, this system of implementation of action plan and periodic monitoring of the same can help in mitigating the receivable risk by maintenance of balancing act, anticipate and at the same time prevent late or no payments, monitor receivables at regular basis, run particular credit checks (Dwivedi et al. 2015). Thus, the proper follow up of the action plan can help in periodic monitoring of different accounts receivable thoroughly that permits in quick recognition of trends in behaviour of payments. Identification and discussion of ten weaknesses in internal control There are weaknesses that can be observed in the system of internal control for sales and trade receivables. Analysis of the internal control manual of SCU Limited (SCU) reflects the fact that the company uses manual delivery notes for the shipment of its product tiles to its customers from the department of despatch. The manual delivery notes are essentially raised from the sales order recording forms. This system of manual delivery notes can be considered to be a weakness of the internal control system as this might include human error and lead to erroneous financial recording (Wood 2016). Furthermore, this delivery note can get tampered in course of transaction or else can be manipulated by individuals. Addition to this, record of unfinished delivery file is also maintained in which the delivery note is registered as held for invoice where products are partially delivered. This file is supervised by the department of despatch and incomplete deliveries for over a month is checked. This system of monitoring the deliveries can also be a considered to be a weakness of the system as it fails to timely monitor the unfinished deliveries. Thus, there needs to be effect of technology in the process of keeping account. However, this requires use of computers, printers, faxes as well as scanners (Heidari and Loucopoulos 2014). Also, accounting professionals also need to appreciate the application of effective software. In addition to this, the company uses a particular application program that has been examined and strict password control are there for gaining access to different programs, however, passwords are necessary for the gaining admittance to different databases. However, this non-existence of passwords for the accessing databases can be considered to be a weakness in the process. Thus, proper information technology is necessary for maintenance of accounting security and this can limit admittance to specific confidential information. The internal control manual also states that the return of good owing to breakages, inaccurate specifications, poor quality or else oversupply are essentially received by department of despatch of SCU. Thereafter, details of the returned goods are noted by individuals from the despatch department. Staff members also take note of the reason for the goods return and passes this document to respective trade receivable official who thereafter raises a credit note and sends the same to the customers. This process of receiving and noting the goods returned by person and remarking on the reasons for the return can be regarded to be flawed (Olson 2014). This is because this procedure might include human error, miscalculation, and inaccuracy and can affect the trade receivables of the company. Internal control system also bears mention about the fact that the office copy for a particular manual delivery note is essentially forwarded to the trade receivable official for generation of specific invoices by computer system. Thus, inaccuracy can be present in the manual delivery note that forms the basis of the invoices (Chen et al. 2014). Again, this invoice is essentially raised by entering the entire quantity of specific quantity distributed. Inaccuracy and inaccuracy can be present in the process of inputting or entering the quantity delivered. Another weakness in the internal control system of the corporation is the way of offering discounts to customers. The manual for internal control mentions that the company provides discounts based on a volume rating that is updated after every six months after the preparation of a report on sales volume analysis of target consumers. This report is also approved by the sales director before updating the discounts. However, this process of updating the records every six months might perhaps lead to inaccurate analysis of customers that again in turn affect the receivables of the company (Otley and Emmanuel 2013). A more efficient and rationalized process of analysis of valued customers that can evaluate customers on a more frequent basis can be used before allowance of the discounts to the customers. However, internal control manual also mentions that sales journal summarises all the sales invoices every month that is again used by the trade receivable official for necessarily posting the same to the general ledger. Although the process of summarising of sales journals from all the sales invoices are done by a computerised system, this system can be carried out more frequently instead of every month to help in understanding the sales trajectory of the company (Olson 2014). Analysis of internal control manual reflects the fact that receipts from debtors are essentially sent to the trade receivables official. Then the trade receivable official prepares a list of all the receipts that is received from particularly the debtors. This list is then used for the preparation of the bank deposit slip. Again, this list prepared by the official is used as the basis for entering the debtors payment on the computer system. This bank deposit slip prepared by the trade receivable official, therefore, need to be more stringently checked properly as inaccuracy or manipulation on the part of the trade receivable officer might lead to imbalance and flaws in the debtors account and the bank deposit slip (Collier 2015). In addition to this, the internal control manual also states that a trade receivable official also prepares a reconciliation of trade receivables ledger to particularly the debtors control in specifically the general ledger at the end of every month. This process need to include necessary corrections as well as adjustments that need to be made based on the difference in the trade receivable ledger and the debtor control account present in the ledger in order to be more effective (Simkin et al. 2014). Again, as mentioned in the internal control manual, financial controller of the firm SCU Limited trade receivable aged analysis at the end of every month and appraises diverse outstanding amounts of over and above the period of 90 days. This analysis can be conducted on a more frequent basis for checking trends in behaviour of payments, determining late payments that can become a red flag as well as erratic habits of payments. A more frequent analysis can help in detection of the problems of receivable risk and help in averting the adverse effects of the same. Again, the trade receivable is also accountable for identifying the reasons for delayed payments by diverse outstanding debtors that need to be discussed with the financial controller (Mahama et al. 2016). This illustration of the reasons for delay in payments entirely depends on the information collected and the research conducted by the trade receivable official, therefore, needs to be cross checked before taking into conside ration. Thus, it can be hereby stated that use of proper processing and implementation of the information is necessary in order to make the system of accounting more reliable. As per the internal control system, there needs to be proper follow up of an established action plan. This include proper participation of collectors of debt and appropriate processing of information from them. In addition to this, as and when necessary, the specific financial controller needs to register details of accounts that need to be dispensed for doubtful debtor. This can be considered as a weakness in a process of processing of information. This information in order to be accurate requires proper use of IT function for processing of the accounting information (Romney and Steinbart 2012). In conclusion, it can be said that the above mentioned study helps in gaining deep understanding different factors that need to be taken into consideration for assessment of effectiveness of control environment of SCU. This factors mainly include control environment, risk assessment, control activities, information and communication and monitoring. This study also helps in gaining deep overview of the current internal control system of SCU and help in analytical assessment of effectiveness and weaknesses in the same. References Beynon-Davies, P., 2013.Business information systems. Palgrave Macmillan. Chen, Y., Wang, Y., Nevo, S., Jin, J., Wang, L. and Chow, W.S., 2014. IT capability and organizational performance: the roles of business process agility and environmental factors.European Journal of Information Systems,23(3), pp.326-342. Collier, P.M., 2015.Accounting for managers: Interpreting accounting information for decision making. John Wiley Sons. Drury, C.M., 2013.Management and cost accounting. Springer. Du, K. and Huddart, S., 2016. Accounting Information Systems, Investor Learning, and Stock Return Regularities. Dwivedi, Y.K., Wastell, D., Laumer, S., Henriksen, H.Z., Myers, M.D., Bunker, D., Elbanna, A., Ravishankar, M.N. and Srivastava, S.C., 2015. Research on information systems failures and successes: Status update and future directions.Information Systems Frontiers,17(1), pp.143-157. Grabara, J., Kolcun, M. and Kot, S., 2014. The role of information systems in transport logistics.International Journal of Education and Research,2(2), pp.28-36. Guragai, B., Hunt, N., Neri, M. and Taylor, E.Z., 2014. Accounting Information Systems and Ethics Research: Review, Synthesis, and the Future.Journal of Information Systems. Heidari, F. and Loucopoulos, P., 2014. International Journal of Accounting Information Systems.International Journal of Accounting Information Systems,15, pp.193-223. Mahama, H., Elbashir, M.Z., Sutton, S.G. and Arnold, V., 2016. A further interpretation of the relational agency of information systems: A research note.International Journal of Accounting Information Systems,20, pp.16-25. Muhammad, R. and Kusuma, H., 2014. The Need for Accounting Information System to Facilitate Partnership Contracts in Islamic Microfinance Institutions: The Case of Baitul Maal wa Tamwil (BMT) in Indonesia.International Journal of Academic Research in Business and Social Sciences,4(7), p.592. Olson, D., 2014.Information systems project management. Business Expert Press. Otley, D. and Emmanuel, K.M.C., 2013.Readings in accounting for management control. Springer. Rainer, R.K., Cegielski, C.G., Splettstoesser-Hogeterp, I. and Sanchez-Rodriguez, C., 2013.Introduction to information systems. John Wiley Sons. Romney, M.B. and Steinbart, P.J., 2012.Accounting information systems. Boston: Pearson. Simkin, M.G., Norman, C.S. and Rose, J.M., 2014.Core concepts of accounting information systems. John Wiley Sons. Stair, R. and Reynolds, G., 2013.Principles of information systems. Cengage Learning. Wood, D.A., 2016. Comparing the publication process in accounting, economics, finance, management, marketing, psychology, and the natural sciences. Accounting Horizons,30(3), pp.341-361.