Replacing a Legacy AIS Application Research Paper - 1

Replacing a Legacy AIS Application - Research Paper Example This paper illustrates that Implementation of Accounting Information System (AIS) helps in the collection of transaction data of an organization and then processing them to form useful financial information which could be utilized in a more effective way by its users. The users include any of the stakeholders of a company. Like any other system, AIS is also a system consisting of different components which are interrelated to each other. Each of the sub-systems that make up the whole system performs several specific tasks which get integrated to be able to perform the ultimate task. Different components of AIS include People, Procedures, Software, Data, and infrastructure for information technology. The company is a publicly traded company must be requiring a lot of transactions to be carried out every day. Hence in order to increase its efficiency, new effective AIS is the necessity for the organization. New AIS, replacing the old inefficient existing AIS of the company, can prove a dvantageous for the organization. Well devised AIS could be beneficial for the company to effectively handle the increasing volume of information generated through different business transactions carried out every day by the company. Recently, with the advent of IFRS and its requirements, most of the organizations are required to be more cautious while preparing their financial statements. All the information represented in the financial statements is required to be relevant and realistically represented so as to facilitate proper decision making by its end users. New technologically improved AIS would help the company management to take various critical decisions which could have a significant positive impact on increasing the effectiveness of the management of the company, thereby increasing the profitability of the company. Various critical decisions that could be facilitated through the improved AIS of the company could be related to the accurate and precise information regardin g the outstanding debt of the company, the sales trend, the assets possessed by the company, cash inflows and cash outflows, performance of the different product lines of the company, the trend of returns generated by the company, etc. AIS would primarily serve three purposes associated with it. They are a) It would help to effectively store the data related to all the business transactions of the company, b) The data would be then processed into useful information which would facilitate various decision-making process and c) It would help in safeguarding the assets of the company through effective control mechanisms using AIS.

Effects of Media on Fear of Crime, Perception and Reality Essay

Effects of Media on Fear of Crime, Perception and Reality - Essay Example The main part of fear of crime is the scope of emotions that is roused in people by the chance of oppression. While usual measures of concern about crime repeatedly prove between 35 percent and 55 percent of the residents of England show some type of apprehension about becoming a victim, surveys tell that a considerable number of individuals in fact worry for their personal wellbeing on a daily basis. Contrary to usual perception, this level of fear has reduced since 1990s according to British Crime Surveys from 40% to 27% in 2003 in the United Kingdom. As a result, one can differentiate between fear and broader apprehension. Nonetheless, it should come under notice that a number of individuals might be keener to disclose their uncertainties and vulnerabilities as compared to others. Hearing about happenings; identifying others who have been persecuted - these are thought to increase insights of the risk of oppression. This has been explained as a ‘crime multiplier’, or procedures functioning within the inhabited atmosphere that would reach the impacts of illegal happenings. â€Å"Such proof exists that hearing of friends’ or neighbours’ victimisation increases anxiety that indirect experiences of crime may play a stronger role in anxieties about victimisation than direct experience†. Nonetheless, there is an advisory note: several inhabitants of a locality merely know of offence indirectly by means of channels that may ‘inflate’, ‘deflate’, or distort the actual picture.... Nonetheless, it should come under notice that a number of individuals might be keener to disclose their uncertainties and vulnerabilities as compared to others. Hearing about happenings; identifying others who have been persecuted - these are thought to increase insights of the risk of oppression (Flatley et al, pp. 1-220, 2010). This has been explained as a ‘crime multiplier’, or procedures functioning within the inhabited atmosphere that would reach the impacts of illegal happenings. â€Å"Such proof exists that hearing of friends’ or neighbours’ victimisation increases anxiety that indirect experiences of crime may play a stronger role in anxieties about victimisation than direct experience† (McCluskey & Hooper, p. 173, 2001). Nonetheless, there is an advisory note: several inhabitants of a locality merely know of offence indirectly by means of channels that may ‘inflate’, ‘deflate’, or distort the actual picture.’ Public views of the threat of crime are as well shaped strongly by mass media reporting. People pick up from media as well as interpersonal contact spreading representations of the criminal happening - the perpetrators, injured parties, cause, and signs of significant, irrepressible, and sensational crimes. The concept of stimulus likeness may be significant: if the reader of a newspaper categorizes with the portrayed victim, or feels that their personal neighbourhood has similarity to the one explained, then the image of threat may be taken up, individualised and interpreted into personal security concerns. In addition, reports have indicated differences in perceptions of fear based on the type of newspapers read by locals in the United Kingdom (Simmons & Dodd, pp. 1-189, 2003). In a recent study, â€Å"subjects