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Accounting Information Systems (AIS) And Telecommunicating Accounting Information - Essay Example

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This paper talks that every business, big or small, must maintain proper records of their daily transactions. Keeping record of every transaction is very important to businesses because the business runs on the capital of the owners’ and all other entities are accountable to their stakeholders. …
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Accounting Information Systems (AIS) And Telecommunicating Accounting Information

Download file to see previous pages... This paper stresses that using Accounting Information System (AIS) is not risk-free. Any data that can be communicated across the internet or through satellite can be viewed and interrupted by a third party without main party’s prior consent. Such unwanted intrusion is also known as hacking into unauthorised systems. Every organization that has globalized over the years must ensure the safety of data of their customers when they operate. With thousands of new software built across the globe every day, the loop holes of the system penetration is getting more visible. Sometimes, it so happens that some hackers work so swiftly that even the organization to which they target to hack, cannot find out that they are being hacked until it’s too late to recover actual losses.
This essay makes a conclusion that this unsecured public network connection becomes vulnerable to such attacks frequently so the organizations decided to work under secured private networks with B-2-B and B-2-C network architecture. These are basically electronic commerce concepts that incorporate AIS and enable the organization to communicate in secured zones where third party cannot intrude as the network is privatised. In short we may say that with little responsibility on organizations’ behalf, if the AIS are implemented in secured private networks, its benefits outweigh risks for the customers as well as the organizations. ...Download file to see next pagesRead More
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