Computerised Accounting Literature Review

2.0 Introduction
At this juncture it is imperative that we review what other researchers have written on the subject of computerized accounting information systems as this is the foundation upon which this research is based. This chapter will therefore discuss and review similar or related researches and literature published by other authors’ articles, books, journals, reports and previous dissertations related to the topic in question and its variables in order to give an insight into the study as well as expressing the need for this study.
2.1 Computerised Accounting
Transaction processing system (TPS) is the first stage of computerised accounting system. The purpose of any TPS is to record, process, validate and store transactions that

It is one of the transaction processing systems which is concerned with financial transactions only.
When a system contains only human resources it is called manual system; when it uses only computer resources, it is called computerised system and when it uses both human and computer resources, it is called computer-based system. (CIMA, 2014)
The computerized accounting is one of the database-oriented applications wherein the transaction data is stored in well- organized database. The user operates on such database using the required interface and also takes the required reports by suitable transformations of stored data into information. Therefore, the fundamentals of computerised accounting include all the basic requirements of any database-oriented application in computers. (Alan. Et.al. 2004)
2.2 Accounting information

the general ledger which records details of all financial transactions across the organization. The accounts receivable system and the accounts payable system are fundamental to manage the organization’s cash flow.
In addition to the above, computerized accounting information systems in any given entry should at least include a set of qualified individuals to operate the system, computer hardware, computer software, networks, databases and procedures which control the work of the system and all these mentioned components interact with each other to provide useful information to help facilitate efficient transaction processing and quality decision making, (Alan et.al.2005).
In addition to the above every information system is designed to accomplish one or more goals or objectives. For example, an accounting information system may be designed to collect and process data about employees to help managers prepare payroll reports and payslips. (Alan et.al.2005).
To complement the above, CIMA (2009) indicated that accounting information systems have the following;
Inputs: Data must be entered into the information system to be processed. Data are the facts that are collected and processed by the information system. Data need to be processed and transformed to meaningful, organized, and useful form that is called