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IMPACT OF ACCOUNTING INFORMATION SYSTEMS ON ORGANIZATIONAL EFFECTIVENESS OF AUTOMOBILE COMPANIES IN KENYA NZ OMO SAMUEL D61/63152/2011RESEARCH PROJECT SUBMITTED IN FULFILLMENT FOR THE REQUIREMENT OF
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Start by understanding the purpose of the impact of accounting information. This can include assessing the financial performance of a company, making sound financial decisions, or complying with regulatory requirements.
02
Gather all relevant financial data, including income statements, balance sheets, and cash flow statements. This will provide a comprehensive overview of the company's financial position.
03
Analyze the financial data to identify any trends, patterns, or anomalies. This will help in understanding the impact of accounting information on the overall performance of the company.
04
Use financial ratios and other analytical tools to further evaluate the financial data. This can include calculating profitability ratios, liquidity ratios, and solvency ratios to assess the company's financial health.
05
Interpret the findings and draw conclusions about the impact of accounting information on the company. This can involve identifying areas of strength or weakness, potential risks, and opportunities for improvement.
06
Present the findings and conclusions in a clear and concise manner. This can be done through written reports, presentations, or visual aids to ensure that the impact of accounting information is effectively communicated.
07
Continuously monitor and update the impact of accounting information as new financial data becomes available. This will help in maintaining an accurate and up-to-date understanding of the company's financial performance.

Who needs impact of accounting information?

01
Investors: Investors rely on the impact of accounting information to make informed decisions about where to invest their money. They use it to assess the financial health and potential profitability of a company.
02
Creditors: Creditors, such as banks or suppliers, use the impact of accounting information to evaluate a company's creditworthiness and determine the risk associated with lending money or extending credit.
03
Regulators: Regulators require companies to provide accurate and reliable accounting information to ensure compliance with laws and regulations. They use the impact of accounting information to assess the financial stability and transparency of companies.
04
Management: Company management relies on the impact of accounting information to monitor and evaluate the financial performance of the business. It helps them in making strategic decisions, setting goals, and identifying areas for improvement.
05
Government agencies: Government agencies use the impact of accounting information to assess the economic health of a country or region. It helps them in formulating economic policies and monitoring the financial activities of companies.
06
Analysts and financial professionals: Analysts and financial professionals use the impact of accounting information to conduct financial analysis and provide recommendations to clients or stakeholders. They rely on it to assess the investment potential and financial risk associated with a company.
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Accounting information helps stakeholders make informed decisions about a company's financial performance and stability.
Companies and organizations that are subject to financial reporting requirements are required to file impact of accounting information.
Impact of accounting information is typically filled out by financial professionals within the organization who are knowledgeable about the company's financial transactions and performance.
The purpose of impact of accounting information is to provide transparency and accountability regarding a company's financial health and performance.
Financial statements, balance sheets, income statements, cash flow statements, and other relevant financial data must be reported on impact of accounting information.
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