MODULE 6 Paragraphs

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As an Angelenean who lives by the core values of pagiging mabuti, magaling at may

malasakit sa kapwa, I hereby commit that I complete my academic work with integrity. This
means that I shall accomplish my academic work without receiving or giving unauthorized
assistance. My work also observes scholarly and intellectual standards, rules on proper citation
of sources, and appropriate collection and use of data.

I. Group Details
Course Year and Section: BSA-1A
Complete Name of Group Leader: 1. Arceo, Johanna Marie Q.
Complete Names of Members:
2. Cacdac, Kimberly C. 4. Paras, Erijee D.
3. Canlas, Perlyn Joy G. 5. Samson, Bea Alyana Rae P.

II. Paragraphs

Utilization of Accounting Software in education and business should be


Approved Thesis
implemented to obtain high quality performance such as accuracy,
Statement:
productivity, and proficiency.

Paragraph 1

         Information Technology (IT) in accounting has become substantial and has been
utilized regularly in the recent years for it simplifies numerous human activities such as
business operations (Thottoli, 2020; Indriantoro, as cited in Sriwidharmanely & Syafrudin,
2012).  Moreover, Kabir, Rahman, Yunus, and Chowdhury (2015) even asserted that entities
switched to computerized systems for the completion of the accounting cycle due to the
growth of their business activities. Hence, firms realized that implementing accounting
software is significant to effectively adapt in the advancements of the world and to manifest
their ambition for prosperity (Chong & Nizam, 2018). On the other hand, Dewi (2010) pointed
out the necessity to integrate a course with accounting software in Accounting Departments so
that the employment prospects of graduate students will be enhanced.

Paragraph 2

         According to Wickramsainghe, et al. (as cited in Chong & Nizam, 2018), accounting
software is a combination of accounting and information technology that was presented to the
world in order to accommodate the growing demand for up-to-date and accurate data.
Furthermore, it is equipped with an efficient and firm tool that assists in organizing the
financial activity of the business and in meeting its extending demands (Semmens & Co., n.d.).
Musa (as cited in Kabir, Rahman, Yunus, & Chowdhury, 2020) believed that faster data entry
and transaction reflection are some of the benefits of accounting software to accountants, and
it is also an efficient way for them to perform the accounting process compared to the
traditional method. In addition, the processing of information through the use of the software
is less time-consuming and at the same time guarantees accuracy unlike in the manual
approach (Sriwidharmanely & Syafrudin, 2012). It reduces the duration of data processing
while obtaining accurate information, thus, boosting an individual’s and an entity’s
performance (Nwosu & Amahi, 2019).

Paragraph 3

Consequently, Imbiri (2015) revealed that educational institutes are challenged to


produce tech-savvy accounting students due to the increasing demand of companies for highly
skilled workers. However, professors argue that students’ knowledge on the basics of
accounting decreases since the software accomplishes most of the work, but in the study of
Boulianne (2014), it was proven that students acquire better understanding with the approach
that consists of both the traditional and software method. In the same way, developing the
professors’ understanding on digital accounting skills are necessary to raise students’
potentials (Nwosu & Amahi, 2019). Once accounting software is implemented, students will
develop essential skills and knowledge that may increase their competence and opportunity to
be employed (Machera & Machera, 2017).

III. Bibliographic Citations


Boulianne, E. (2014). Impact of accounting software utilization on students' knowledge
acquisition: An important change in accounting education. Journal of Accounting &
Organizational Change, 10(1), 22-48. Retrieved from
https://www.researchgate.net/publication/275316108_Impact_of_accounting_software
_utilization_on_students
%27_knowledge_acquisition_An_important_change_in_accounting_education
Chong, Y. & Nizam, I. (2018). The impact of accounting software on business performance.
International Journal of Information System and Engineering (IJISE), 6(1). Retrieved
from
https://www.researchgate.net/publication/328956597_THE_IMPACT_OF_ACCOUNT
ING_SOFTWARE_ON_BUSINESS_PERFORMANCE
Dewi, N. H. U. (2010). Perception of accounting students towards integrated ERP software
with accounting information system course at Perbanas School of Business. SSRN
Electronic Journal, 39-50. Retrieved from https://papers.ssrn.com/sol3/papers.cfm?
abstract_id=2046414
Imbiri, W. (2015). Accounting students attitude towards computer, the acceptance of the
accounting information system's course and teaching method. Procedia - Social and
Behavioral Sciences, 172, 18-25. Retrieved from
https://www.sciencedirect.com/science/article/pii/S1877042815003675
Kabir, M. R., Rahman, M. A., Yunus, M., & Chowdhury, A. (2015). Applications of
accounting software: An empirical study on the private universities of Bangladesh.
World Review of Business Research, 5(1), 72-85. Retrieved from
https://www.researchgate.net/publication/301887537_Applications_of_Accounting_So
ftware_An_Empirical_Study_on_the_Private_Universities_of_Bangladesh
Machera, R. P. & Machera, P. C. (2017). Computerised accounting software; a curriculum that
enhances an accounting programme. Universal Journal of Educational Research, 5(3),
372-385. Retrieved from https://files.eric.ed.gov/fulltext/EJ1134478.pdf
Nwosu, B. O. & Amahi, F. U. (2019). Building the capacity of students of business education
(accounting) with accounting software skills for improved service delivery in modern
office and school environments. Nigerian Journal of Business Education (NIGJBED),
6(2), 368-381. Retrieved from
http://www.nigjbed.com.ng/index.php/nigjbed/article/view/370
Semmens & Co. (n.d.). The benefits of implementing accounting software. Retrieved from
https://semmensco.com.au/the-benefits-of-implementing-accounting-software/
Sriwidharmanely & Syafrudin, V. (2012). An empirical study of accounting software
acceptance among Bengkulu City students. Asian Journal of Accounting and
Governance, 3, 99-112. Retrieved from
https://www.academia.edu/3120835/An_empirical_study_of_accounting_software_acc
eptance_among_Bengkulu_City_students
Thottoli, M. M. (2020). Impact of accounting software among SMEs accountants in Oman.
Financial Markets, Institutions and Risks, 4(2), 25-33. Retrieved from
https://www.researchgate.net/publication/340607425_Impact_of_Accounting_Softwar
e_among_SMEs_Accountants_in_Oman
Score:
10- Excellent/ Greatly Participated                6- Good/ Participated
8- Very Good/ Sufficiently Participated         4- Needs Improvement/ Little to No Participation

Name of Leader/ Representative Participation Score

1. Arceo, Johanna Marie Q. 10

Names of Members Participation Score

2. Cacdac, Kimberly C. 10

3. Canlas, Perlyn Joy G. 10

4. Paras, Erijee D 10

5. Samson, Bea Alyana Rae P. 8

Note: The scores are obtained through cumulative peer evaluation.

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