ACCOUNTING

SYSTEMS

INFORMATION

Information- short words as "data" are to be put

together to become an information. Database is not
yet information.
5 Major Sources of Information:
1. Men- both men and women. Women are
more particular of the information.
2. Machine
3. Money- funds

4. Materials
5. Management- look forward not only for the
benefit of the company but also to the
betterment of the country, thats why SEC
and other regulatory bodies require
companies to pass certain information.
Because SEC is one of the guardian of the
Philippine economy.
**Internal Auditors primary objective- safeguarding the
assets, and to look if the client is compliant. Compliance,
adherence to policies of the company