Discuss the value of Information Technology and Management Information Research Paper

talk of the value of Information Technology and Management Information Technology to you and your chosen profession (mine is Acc - Research musical composition ExampleNonetheless, direction reading systems are tools, which a manager uses to collect education about distinguishable aspects of the company, including sales and personnel, among others, and analyze it (Moghaddam, et al 2012). On the other hand, Accounting is an important aspect in tout ensemble companies. Unlike IT and MIS, Accounting has been in existence for the longest time. This mainly addresses the financial state of a company. It involves bookkeeping, which involves coast statements, company ledgers, and the overall tracking of finances in the company, including money in, money out, and business assets. Today, there is a high level of interaction between different disciplines. Similarly, the fields of report, IT, and MIS show a high level of interaction, as the field of explanation adopts the skills and kno wledge of IT and MIS in its processes. Nonetheless, the nature of IT and MIS make them to be applicable in diverse disciplines (Moghaddam, et al 2012). This paper therefore, will focus on the value of development technology and wariness information systems in the field of business relationship. The field of chronicle today has become dependent on information technology and management information systems, as it adopts various elements in these, to enhance the efficiency of its processes. In information technology, there are a myriad of new integration approaches, as well as effective methods of managing data. Therefore, use of information technology translates into increased efficiency in data retrieval and storage, and overall management of data in accounting. Therefore, this aspect of information technology is valuable in accounting, since it makes the different procedures and processes in accounting to be simple, and leads to an increased and focused use of computed informati on in the field. Therefore, with regard to efficiency in accounting, information technology has played the major role in achieving this. Nonetheless, with the advancements in information technology, it is expected that the field of accounting will as well adopt the new techniques in information technology, and therefore, increase its efficiency (Moghaddam et al 2012). Information technology has also led to the transformation of the field of accounting into a paperless phenomenon. Today, there is no more use of papers and pencil. Information technology highly adopts different equipment, which have also been choose in accounting. For instance, there is the use of computers, faxes, and scanners, among other IT equipment in information technology. Most of these IT equipment are affordable, thus operational in the accounting section of most companies. Nonetheless, these have resulted in increased efficiency in accounting procedures (Bahador, Haider & Saman, 2012). As observed, informat ion technology utilizes various software. These software can also be adopted in most accounting processes. For instance, accountants use the program referred to as spreadsheet today to help in reporting and calculations in the field. Apart from the spreadsheet program, there are many more software, which are accustomed to accounting, and help in accounting procedures. Nonetheless, these are affordable and easy to use. These different software makes the work of accountants easier. Therefore, accountants use these to pay different types of bills in the company, recording all the transactions they have made, and use them in financial reporting, as well. Additionally, the use of these IT programs ensures