Included for Final Term for BBA-1 (A and Evening)

1. Information system
importance in
business
Class BBA 1st Morning
Group 8
Roll #
25,26,27,35
university of education Okara (campus)
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2. Information system
• Business information systems represent a
system of controls and processes which a
business uses to analyze information
needed to effectively manage their
business. These controls and procedures
can include accounting
systems, procedural reporting tools, and
computer based assets.
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3. Types of information system
 Management information system
 Financial Information System
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4. Management Information
System
Teleconference application
The telecommunications system may support the
teleconference by providing one or more of the following:
audio, video, and/or data services by one or more
means, such as
telephone, computer, telegraph, teletypewriter, radio, an
d television. It is the type of management information
system
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5. Internet teleconference
Internet teleconferencing includes internet telephone
conferencing, videoconferencing, web conferencing, and
Augmented Reality conferencing.
Types of teleconference
• Audio conferencing
• Audio graphic conferencing
• Video conferencing
• Web conferencing
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6. Audio teleconferencing
A conference call is a telephone call in which the calling
party wishes to have more than one called party listens
in to the audio portion of the call. The conference calls
may be designed to allow the called party to participate
during the call, or the call may be set up so that the
called party merely listens into the call and cannot
speak. It is sometimes called ATC (Audio TeleConference).
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7. Audio graphic teleconferencing
Audio graphic teleconferencing is also known as electronic
white boarding, according to The Free Dictionary. Both
an audio and a data connection are necessary. This type
of teleconferencing was often used for distance learning
and meetings that only require narrowband
communications. It was designed primarily as a studentinstructor mechanism, with colour imaging, digital video
and telephone communications and endeavoured to
create a realistic virtual classroom.
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8. Video conferencing
Videoconferencing is the conduct of a videoconference
(also known as a video conference or video
teleconference) by a set of telecommunication
technologies which allow two or more locations to
communicate by simultaneous two-way video and audio
transmissions. It has also been called 'visual
collaboration' and is a type of groupware.
Content
 Technology
 Impact on business
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9. Web conferencing
Web conferencing refers to a service that allows conferencing events to
be shared with remote locations. the service is made possible by
Internet technologies, particularly on TCP/IP connections. The
service allows real-time point-to-point communications as well as
multicast communications from one sender to many receivers.
• Content
• Features
• Standards
• Deployment models
ACT conferencing
IBM Sametime
Any Meeting
Oovoo
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10. Financial management system
A financial management system is the methodology and
software that an organization uses to oversee and
govern its income, expenses, and assets with the
objectives of maximizing profits and ensuring
sustainability.
An effective financial management system improves
short- and long-term business performance by
streamlining invoicing and bill collection, eliminating
accounting errors, minimizing record-keeping
redundancy, ensuring compliance with tax and
accounting regulations, helping personnel to quantify
budget planning, and offering flexibility and
expandability to accommodate change and growth. 10
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11. Other significant features of a good
financial management system include;
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Keeping all payments and receivables transparent.
Depreciating assets according to accepted schedules.
Keeping track of liabilities.
Amortizing prepaid expenses.
Coordinating income statements, expense statements, and balance
sheets.
Balancing multiple bank accounts.
Ensuring data integrity and security.
Keeping all records up to date.
Maintaining a complete and accurate audit trail.
Minimizing overall paperwork.
ERP financial management software should include features that support
creation of ad hoc reporting as well as month-end closing, quarter
closings and year-end reporting
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12. Major categories of financial
management:
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Cash Management
Investment management
Capital budgeting
Financial planning
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13. Cash Management
Cash management system collects
information on all cash receipts and
payments of a company on a real time or
periodic basis. Such as daily, weekly or
monthly .
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14. Investment management
Investment management is the professional asset
management of various securities (shares, bonds and
other securities) and other assets (e.g., real estate) in
order to meet specified investment goals for the benefit
of the investors. Investors may be institutions
(insurance companies, pension
funds, corporations, charities, educational
establishments etc.) or private investors (both directly
via investment contracts and more commonly via
collective investment schemes e.g. mutual funds or
exchange-traded funds).
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15. Capital budgeting
• Capital budgeting (or investment appraisal) is the planning process
used to determine whether an organization's long term investments
such as new machinery, replacement machinery, new plants, new
products, and research development projects are worth the funding
of cash through the firm's capitalization structure (debt, equity or
retained earnings). It is the process of allocating resources for major
capital, or investment, expenditures. One of the primary goals of
capital budgeting investments is to increase the value of the firm to
the shareholders.
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16. Factors Influencing Capital
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Structure of capital
BudgetingAvailability of funds
Taxation Policy
Government Policy
Lending Policies of Financial Institutions
Immediate need of the Project
Earnings
Capital Return
Economic Value of the Project
Working Capital
Accounting Practice
Trend of Earning
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17. Methods of capital budgeting
• Equivalent annuity method
• Real options method
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18. Financial planning
• Financial planning is the task of determining how a
business will afford to achieve its strategic goals and
objectives. Usually, a company creates a Financial Plan
immediately after the vision and objectives have been
set. The Financial Plan describes each of the
activities, resources, equipment and materials that are
needed to achieve these objectives, as well as the
timeframes involved.
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19. The Financial Planning activity
involves the following tasks;
 Assess the business environment
 Confirm the business vision and objectives
 Identify the types of resources needed to achieve these
objectives
 Quantify the amount of resource
(labour, equipment, materials)
 Calculate the total cost of each type of resource
 Summarize the costs to create a budget
 Identify any risks and issues with the budget set
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20. Reference
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http://en.wikipedia.org/wiki/Telephone_conferencing
http://en.wikipedia.org/wiki/Videoconferencing
http://en.wikipedia.org/wiki/ACT_Conferencing
http://en.wikipedia.org/wiki/AnyMeeting
http://searchfinancialapplications.techtarget.com/definiti
on/financial-management-system
http://en.wikipedia.org/wiki/Cash_management
http://en.wikipedia.org/wiki/Cash_flow
http://en.wikipedia.org/wiki/Investment_management
http://en.wikipedia.org/wiki/Capital_budgeting
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