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Sa mundong hinahamon tayo araw-araw Sa pagpupursige at paglalaan ng oras

Upang tayo ay makapagtapos sa pag-aaral.

Sa pagsolve at pag-intindi sa mga nakakalula

At nakakawindang na accounting theory at concepts

Na halos mawala na ang mga mata naten dahil naniningkit

Mula sa kakapuyat at ang Pagkakaroon ng naglalakihang eyebags.

Maaring sa ngayon ay sapat na ang nalalaman naten

Subalit sa kinagagalawan nating mundo

Kakayanin ba natin ang malaman ang buong katotohanan?

Na minsan di lang ang mga subjects naten

Ang nagpapasaya at nagpapahirap saten

Subalit ang maari natin maging himlayan

Sa pagtupad sa ating mga pangarap.

Kapag ba in the future naging Certified Public Accountant na tayo

Kakayanin ba natin ang hamon nang totoong mundo.

Makikisabay ka ba sa pakikibaka at magpapatianod o

Mangangarag at mamomoblema?

Matatakot o ano?!

I guess we need to know the actual setting in order for us

To fully have a firm grasp of the reality that the world has to offer.

Handa ka na bang malaman yun?

Nagkaroon ka lamang ba nang idea?

So here it goes!



The accounting Information System is an essential tool in our daily lives. It encompasses a lot of topics

and tackles precisely more in the integrated aspect of accounting especially with regards to the use of

Information Technology.

As broad at it may seem the Accounting Information System is mainly all about the usage and proper

application of the knowledge known in accounting converted or transformed into information to be used as

data which can be seen electronically.

I know that this is a reaction paper and I would like to submit myself that prior also to the previous

statements all the writings in here are mainly and merely opinions.

Last January 25, 2013 the 3rd

year students of Bachelor of Science in Accountancy held a seminar

entitled” The Accounting Information Setting: The Actual Setting.” I know for a fact that the AIS subject is a

very broad and comprehensive one that is why being given the opportunity to have a seminar has really been

of great help to most students.

In many ways the seminar has given me a wider scope of the life after accountancy. The seminar has

been a blast and I was very happy to be part of such. It has really given me the ideas and know-how of AIS

especially with concerns about Data Applications and SAP (System Applications and Products in Data

Processing) Technology. The seminar has provided a lot of information with regard to the purpose, advantages,

use and application of such tools.

I was very enthusiastic of the discussions especially with the sharing of personal experiences in the real

world. Although we are having a formal discussion about AIS related topics it was so nice and humbling that

the speakers have shared their experiences with their work and how they are able to cope up and be at pace

with it. They have told us about the life after being a graduate and how has IT changed their lives.

It was very appreciative that the speakers of the night has given their full desire to attend and have a

discussion with us and share to us tidbits of their lives. In some ways it made me feel better. It felt good to

know that even though we are having problems simultaneous with our day to day activities we are all still able

to deliver and prosper.

The sharing of the two speakers has somehow gave an impact on my being because maybe in the

future I would consider taking a chance in IT especially since they told us that IT is not just for the boys and

actually they are the living proof that this is true. Our speakers are very kind in a way that they made us feel

comfortable with the flow of discussions. They really are giving us a chance to hone up with them and they are

very passionate and eager to contribute to us their expertise in their chosen field.

The seminar in its entirety has given us a lot of knowledge that shall empower us in the future. It really

felt good that by the end of the day has given us a better understanding of not just AIS itself but also the

aspects of life. The aftermath of all their hard work and its fruits that they are now experiencing.

The ccounting Information System



During the seminar we tackled about Data Applications, the speaker who Ms. Stephanie Quismorio is an

IT Auditor and a part-time programmer who works in BPI (Bank of the Philippine Islands) has shared to us her

knowledge in this particular field.

We were informed about the Computer Assistance Auditing Techniques which is being used to extract

data which are primarily used by our financial auditors. The application system is a program or group of programs

designed to automate specific or multiple tasks to help end-users. There are different types of it the platform

which is the where in which we have the mainframe (super computer), servers and the stand-alone. Theoperating system which is the what, programming tools or languages which is the how and the purpose of the

application system which is the why.

In a very comprehensive manner we were also able to tackle the application controls in which the basic

application controls are the file data transmission control and the common data transmission control. Also we

dealt upon the input control in which examples are the mandatory fields, preprogrammed, transaction

numbering and the data entry.

Application controls has given us a wider perspective upon risk management and its risk treatment. How

are we able to act in especially with regard to risk management? We have risk treatment through avoidance,

mitigation, transfer and by just accepting.

SAP Technology was handled by Miss Cherry Therese Bañares who works in Hewlett Packard as an IT

personnel with expertise in SAP application. SAP in many ways has its prime purposes and advantages as an ERP

System. Firstly because of the integration of various modules, it is faster and cheaper, because of its real time

reporting, it is multi-lingual, it uses multi-currencies, it is multi country and it reduces the use of manpower.

SAP allows the combination of financial statements for multiple legal entities within an organization

through its legal consolidation. It has Affiliates’ Accounting, Special Purpose Ledger used in defining ledgers used

in reporting, Travel Management for travel activities, Accounts Payable which is used to generate the

procurement to pay, Accounts Receivable for sales and distribution, Bank Accounting or Treasury in which SAP

allows for management of bank transactions in the system including cash management. Funds Management

which is being used to set budgets for revenues. General Ledger Accounting in which this module is fully

integrated with all the other SAP module. In here all accounting posting are recorded.

SAP in its entirety is a very challenging and wide in its area. It is very complex but as Miss Bañares has

said if you get comfortable of it you will easily understand and learn to appreciate and love it. The SAP

technology is just paving its way to our country so it has a lot of potential and definitely in the near future a lot of

people will be using it.

The seminar Accounting Information System is very informative and it has become an eye-opener to most

of us especially for those who are considering taking IT as part of future. In the seminar we learned a lot and trulywe appreciate the efforts done by our valuable and competent speakers. Their talk has inspired me in a sense

that it has given me the instant access on how to cope up with the real world. It has somehow serve as the key

for us to realize that it is not all about accounting in the future because there are a lot of things that the world

has to offer. After Accountancy our world would be so vast that there are a lot of options that we are able to

choose from. This seminar has been of great help and I hope that maybe in the future we could still have one.

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