financial # work #

in #blog8 years ago (edited)

Implementation of the financial system

The current financial system has an impact on technological advances that can be used as a tool for corporate performance.
Here I attend an annual work program at the office and it is very important for me to learn things that can be used as a tool for working in economics and business.



**financial applications**

Financial Information System is an information system that provides information to people or groups both within the company and outside the company on financial issues & provides information about the flow of money for users throughout the company. Model of financial information system that is sub input system and sub system output.

Subsystem Financial Input:

  1. Accounting Information Systems, provides input data for financial applications
  2. The Internal Audit Subsystem, assisting SIAs in providing internal data and information with special research by well-known auditors.
  3. Financial Intelligence Subsystem, collects information from environmental elements that affect the cash flows of financial communities, shareholders and owners and governments.

Subsystem Output Finance:

  1. Forecasting System, long-term forecasting 5- 10 years ahead into basic strategic planning base planning.
  2. Fund Management Subsystem. Related to the flow of money through the company.
  3. Control, Prepare an annual operating budget and provide feedback information to managers so they can monitor actual costs compared to the budget.

Function of Financial Information System

Direction to show the function of Financial Information System with the meaning described previously, then form of Financial Information System is formally stamped on the form of forms, books and accounting records and reports presented.

This is what I can describe in this meeting as I have now.

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