Discuss the value of Information Technology and Management Information Research Paper - 1

Discuss the value of Information Technology and Management Information Technology to you and your chosen profession (mine is Accounting) - Research Paper Example On the other hand, Accounting is an important aspect of all 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 bank 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 accounting, IT, and MIS show a high level of interaction, as the field of accounting adopts the skills and knowledge of IT and MIS in its processes. Nonetheless, the nature of IT and MIS make them to be applicable in diverse disciplines. This paper therefore, will focus on the value of information technology and management information systems in the field of accounting. The field of accounting 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 information 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 tech nology, and therefore, increase its

Organizational communication Essay Example | Topics and Well Written Essays - 1500 words

Organizational communication - Essay Example Talking is a skill which is a physical ability of every human being. However doing that task in an effective manner is termed as â€Å"communication†. Communication is all about sharing one’s ideas, opinions, information and feelings.The work of managers in large organizations is problem solving and decision making. This is a very critical job as it steers the course of the society along with the economic and governmental organizations. It is a two way activity which requires a sender and a receiver. "Any act by which one person gives to or receives from another person, information about that person's needs desires, perceptions, knowledge, or affective states. Communication may be intentional or unintentional, may involve conventional or unconventional signals, may take linguistic or nonlinguistic forms, and may occur through spoken or other modes." (National Joint Committee for the Communicative Needs of Persons with Severe Disabilities, 1992, p. 2) The work of managers in large organizations is problem solving and decision making. This is a very critical job as it steers the course of the society along with the economic and governmental organization s. The job includes identifying the issue which require attention, setting goals for it, designing a proper course of action, and evaluating and choosing amongst many alternative actions. ... Decision support system is a computerized system used for supporting rather than automating decisions. A decision is ideally choosing between alternatives which have an estimate value. Supporting a decision means helping people working alone or in a group gather intelligence, generate alternatives and make choices. Decision making is applicable to all walks of life, including decisions about what to buy, whom to vote for, or what job to take. The decision making process starts with the collection of information moving on to inference and judgment before finally choosing the right alternative. In order to understand the organization in total, understanding organizational communication is very important. "Organizational communication, broadly speaking, is: people working together to achieve individual or collective goals". Katherine Miller, p.1 The purpose of communication may range from completing a task or mission to creating and maintaining satisfying human relationships. The word transfer means a lot more than the simple process of the conception of an idea by the sender and interpretation of the same by the receiver. It stresses upon the mind of the sender which created the meaning followed by the recreation of it by the receiver. The intent of the communication fails if the interpretation of the senders mind is wrong. Organisational communication can include: Flow of Communication, Induction, Channels, meetings and interviews. Most recently, Organisational communication has advanced from a stage of communication between a sender and a receiver to a study of ways in which communication is not just the means to accomplish certain tasks within the organisational settings but also how the organisation we work for, affects