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This article investigates the weak points of the usual accounting system used in companies using Internet in performing their commercial and financial transactions. According to the results of this study, in order to reach an effective and applicable improvement in the accounting system first it is needed to prepare a suitable foreground including professional internet equipment and feasibilities. Electronic commerce rules and regulations specialized and appropriate soft wares in electronic commerce and solid and compiled systems capable of providing and enforcing security in inland and overseas internet commerce. The next step is to compile and complete accounting standards for internet electronic commerce with an eye on the user’s approach towards it. Electronic commerce is called the industrial revolution of the twenty first century which still has not revealed its marvels fully. This is while internet which was born in the twentieth century is expanding and progressing speedily. Electronic commerce seems like the traditional commerce and the only difference is the working tool. The process of transaction in the virtual world (Electronic commerce) can be divided into separate parts; search and investigation of different commodities by the purchaser, negotiation with different marketers and selecting one, reaching an agreement with the marketer and signing a contract, paying the fee, delivery of the merchandise and finally after sale services.
International Journal of Innovative Research and Growth
The Impact of Electronic Commerce on the Accounting Information System2020 •
Aptisi Transactions on Management (ATM)
The Role of Web Based Accounting Online System 2.0 as the Company's Income and Expense Management2017 •
In a company, the process of income and expense of money must have a profit-generating goal base. The success of financial management within the company, can be monitored from the ability of the financial management in managing the finances and utilize all the opportunities that exist with as much as possible with the aim to control the company's cash (cash flow) and the impact of generating profits in accordance with expectations. With a web-based online accounting system version 2.0, companies can be given the ease to manage money in and out of the company's cash. It has a user friendly system with navigation that makes it easy for the financial management to use it. Starting from the creation of a company's cash account used as a cash account and corporate bank account on the system, deletion or filing of cash accounts, up to the transfer invoice creation feature, receive and send money. Thus, this system is very effective and efficient in the management of income and...
International Business Research
The Effect of Electronic Commerce on the Accounting Information System of Jordanian Banks2012 •
2021 •
The purpose of this study is to determine the effect of e.commmerce Era Covid-19, Corporate Strategy in the Covid-19 era on the accounting information system industrial revolution. The company's strategy is a company trick in determining and expressing the main planning policies that ultimately determine the scope, character and results of the company's activities and their parts to achieve the company's goals. The fact states that the influence of e.commerce, the company's strategy has various problems including the problem of collecting and storing data on organizational activities, resources and personnel, converting data into information so that management can plan, implement, control and evaluate activities, resources and personnel, provide adequate controls for storing organizational assets and data. The population of this research is 7000 employees of PT Freeport Indonesia, with a total sample of 852 employees obtained through simple random sampling. The purpo...
2021 •
Modern theory and accounting practice are formed under the influence of many factors, including economic integration, digitalization of communication and management processes, expansion of requirements for the information content of financial and non-financial reporting. In this regard, the purpose of the article is to disclose the structure of the accounting information system, the interdependence of its components, and determine the factors of its modernization in the context of the digital transformation of the socio-economic environment. The structure of the accounting information system was disclosed based on the identification of components that ensure the integration of the internal accounting systems of individual economic entities with the general accounting system. The modeling of the relationship of the components of the accounting information system with other information management systems of economic entities has been carried out. Information systems used to manage org...
Electronic commerce (e-commerce) is sharing business information, maintaining business relationships and conducting business transactions by means of telecommunications networks. In this paper, we present an overview of e-commerce. We compare on the traditional commerce and e-commerce. We also focus on the unique features and types of e -commerce. We mainly discuss technologies of e-commerce. At the end of this paper, we summarize the advantages and disadvantages of e commerce.
2022 •
E-commerce is a critical instrument in boosting economic growth in developing countries. Several small and medium-sized enterprises (SMEs) in Jordan implement accounting information systems (AISs) which are affected by several factors and affect the performance of e-commerce enterprises. This study aims to investigate the impact of accounting systems and processes on the performance of e-commerce business in Jordan through conducting an overview on the performance of three major e-commerce enterprises namely Amazon, Mumzworld.com and E bay.com. The current study analyses the financial performance, market penetration rate and customer satisfaction rate of these three enterprises. The researchers used a descriptive research design and the quantitative data collection method to examine the factors influencing the performance of e-commerce sectors. Findings demonstrated that the accounting and monetary performance of Jordan's e-commerce sector are competitively low due to a lack of financial support from the government, the lack of internet usage rate and the several disruptions e-commerce organizations facing to make a profit in the Jordanian market. The study recommended improving the financial and internet infrastructure in Jordan.
Proceedings of the Proceedings of the 1st International Conference on Finance Economics and Business, ICOFEB 2018, 12-13 November 2018, Lhokseumawe, Aceh, Indonesia
E-Commerce Internal Control Of Accounting Information Systems2019 •
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