Improving Transactional Processing in Accounting Information Systems Research Paper

Improving Transactional Processing in Accounting Information Systems - Research Paper Example Transaction is an instance of doing business of any kind and may include buying of stocks from a security market and consumable goods at from a retail shop. In all the instances, there is exchange of money for goods or services. During the transactions, the need to keep the record of transactions increases, in order to be able to monitor the performance of the business. Businesses have adopted several strategies of maintaining their records, preparing forms and reports for financial purposes such as tax among others (Mattessich, 1998). These records are a part of the entire Information System maintained by a business. For a business to remain in market there must be a well set out Information System that enables all the stakeholders to interact with, and benefit from the available information. These systems have further been adopted into accounting due to efficiency, in some cases due to integrity. There has been an upward development of how accounting is carried out since the dawn of civilization. These changes have been necessitated by the tremendous growth of business transactions. Sometimes, the changes have been as a result of complexities involved in these transactions (Mattessich, 1998). With the emergence of technology in the past years, business operations have been affected. This includes how transactions are handled and the parties that are involved. It is however important to note that although technology may be disadvantageous in some cases, its adoption has greatly improved operations of businesses in general and more benefits can be realized should technology be monitored effectively (CBS Library, 2011). From the old days of Mesopotamia, ancient people kept records of businesses using clay tablets where they inscribed details of transactions (Mattessich, 1998). The inefficiency of such record keeping has over the years, pushed people to develop new methods

Summary Assignment Example | Topics and Well Written Essays - 1250 words

Summary - Assignment Example The new smart phones are in approach of anyone these days. There are many other forms of applications like multimedia, games applications through which a person can pass his/her time. Therefore, in real they can keep information of their credit cards, tickets and can have storage of electronic cash and much more than this. In simple it also plays a role of electronic wallet. The article highlights and discusses about the technologies which are now leading to the highest peak of growth in the 3rd generation of mobile networking. Some of the new mobile and terminals technologies discussed by the authors in the article are discussed below: Mobile networks and their development: Most of the mobile services are based on the second generation (2G) and these services made possible to transfer the data and services through wireless telecom network e.g. (GSM) as â€Å"Global System for Mobile communications†, (GPRS) as â€Å"Global Packet Radio Service†, (HSCSD) as â€Å"High S peed Circuit Switched Data†, (SMS) as â€Å"Short Message Service† and many other. The International Telecommunication Union system changed the standard in 2000, called International Mobile Telecommunications. The main idea of this change was to make enable the services such as, (video streams, animations, pictures, etc.). According to the authors, as the advancement is continuously being made in the ground of mobile networking, the plans have started on the development of 4G which will be completed by 2012. One of the main reasons for the differences in networks generation is of the capacity available to the customers. The current 2G is providing the capacity of min of 14.4 kbps and max to 57.6 kbps and then 3G network will be having the capacity of more than 2Mbps. 2G has a big hand in supporting the E-Commerce through WAP technology which brought in Internet to the handsets. Another rising technology is Bluetooth. It can be used for small transmission of information on ad hoc basis form point to point (Tsalgatidou, Veijalaninen, Markkula, Katasonov, and Hadjiefthymiades, 2003). Mobile Terminals: Smart-phones are the name given to the new introduction of mobiles. And this is because their features can be added or deleted or can even be modified. In most of the new smart-phones, GPRS, Bluetooth and MMS services are available and also the availability of inbuilt or attachable camera with the high color display resolution is there. Internal memory of megabytes is another added innovation in these mobiles for high storage which also is supported by external memory chip normally known as memory card. The Open Mobile Alliance (OMA) has played an important role in putting a standard in mobiles, its services and applications. Java, MMS and XHTML are the most important technologies of OMA. In order to provide extra securities to mobile services, MeT was established to provide high security and more innovations to mobile transaction (Tsalgatidou et al., 2 003). Positioning systems of LBS: LBS, â€Å"Location Based Services†, require a specific positioning for mobile terminals. Geocoding is a system which offers positions for mobile terminal and is divided into three main classes: satellite positioning, network-based positioning and, local positioning. All these different positioning systems differ in their techniques, features and reliability. Satellite Positioning: Satellite positioning system is a system which uses satellites revolving around the earth and