LAFAMS: Account management system for Malaysian small legal firms

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internalnotes Chatterjee, D., Pacini, C., & Sambamurthy, V. (2002). The shareholder-wealth and trading-volume effects of information-technology infrastructure investments. Journal of Management Information Systems, 19(2), 7–42. Fadhil, N. F. M., & Fadhil, N. F. M. (2010). Managing company’s finances among small and medium non-manufacturing companies. Far East Journal of Psychology and Business, 2(1), 17–36. Gullkvist, B. (2002). Towards paperless accounting and auditing. Finland: E-Business Research Center. Ismail, N. A. (2009). Factors influencing AIS effectiveness among manufacturing SMEs: Evidence from Malaysia. The Electronic Journal on Information Systems in Developing Countries, 38(10), 1–19. Ismail, W. N. W., Mokhtar, M. Z., Ali, A., & Rahman, M. S. A. (2014). Does IT help SMEs gain better performance: A conceptual analysis of RBV theory. International Journal of Management and Sustainability, 3(5), 307–320. Kouser, R., Rana, G., & Shahzad, F. A. (2011). Determinants of AIS effectiveness: Assessment thereof in Pakistan. International Journal of Contemporary Business Studies, 2(12), 6–21. Nguyen, T. H. (2009). Information technology adoption in SMEs: An integrated framework. International Journal of Entrepreneurial Behaviour and Research, 15(2), 162–186. Rohde, F. H. (2004). IS/IT outsourcing practices of small- and medium-sized manufacturers. International Journal of Accounting Information Systems, 5(4), 429–451. Salehi, M., & Abdipour, A. (2011). A study of the barriers of implementation of accounting information system: Case of listed companies in Tehran stock exchange. Journal of Economics and Behavioral Studies, 2(2), 76–85. Shabanesfahani, A., & Tabrizi, M. A. F. (2012). Information technology adoption and related policy issues in Malaysia. Journal of Environmental Science, Toxicology and Food Technology, 2(1), 43–47. Sian, S., & Roberts, C. (2009). UK small owner-managed businesses: Accounting and financial reporting needs. Journal of Small Business and Enterprise Development, 16(2), 289–305. Tan, F. T. C. (2010). A perception-based model for technological innovation in small and medium enterprises. In Proceedings of the 18th European Conference on Information Systems (ECIS 2010), 6-9 June, Pretoria, South Africa. Thong, J. Y. L. (1999). An integrated model of information systems adoption in small businesses. Journal of Management Information Systems, 15(4), 187–214. Zhang, J., Li, H., & Ziegelmayer, J. L. (2009). Resource or capability? A dissection of SMEs’ IT infrastructure flexibility and their relationship with IT responsiveness. Journal of Computer Information Systems, 50(1), 46–53.
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spelling 12842 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=12842 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal image/jpeg inches 96 96 norman 11 11 1439 749 2017-03-12 11:16:05 1439x749 7149-01-FH02-FUHA-17-08434.jpg UniSZA Private Access LAFAMS: Account management system for Malaysian small legal firms Pertanika Journal of Social Sciences and Humanities One of the vital components of a successful private legal practice is good account management. Legal firms have a unique business process and specific rules on how accounting records should be kept and recorded. At present, there are many software packages for legal account management systems such as the MyCase web-based legal practice management software and the QuickBooks legal accounting software. However, for small- and medium-size legal firms in Malaysia, the software designed for international use might not be suitable. The majority of local law firms are SMEs and most of the time, their account management is done by the lawyers themselves. With limited knowledge of accounting and business management, it is not a surprise that many legal practitioners face difficulties in managing their accounts. LAFAMS (Law Firm Account Management System) was developed to assist legal firms to manage their financial transactions, monitor their performance, record cash inflow and outflow and facilitate the auditing process. The system requires only the basic Windows operating system and is easy to operate. The report produced by LAFAMS should be sufficient for submission to the Bar Council as evidence of proper account-keeping by legal firms. 23 Universiti Putra Malaysia Universiti Putra Malaysia 239-250 Chatterjee, D., Pacini, C., & Sambamurthy, V. (2002). The shareholder-wealth and trading-volume effects of information-technology infrastructure investments. Journal of Management Information Systems, 19(2), 7–42. Fadhil, N. F. M., & Fadhil, N. F. M. (2010). Managing company’s finances among small and medium non-manufacturing companies. Far East Journal of Psychology and Business, 2(1), 17–36. Gullkvist, B. (2002). Towards paperless accounting and auditing. Finland: E-Business Research Center. Ismail, N. A. (2009). Factors influencing AIS effectiveness among manufacturing SMEs: Evidence from Malaysia. The Electronic Journal on Information Systems in Developing Countries, 38(10), 1–19. Ismail, W. N. W., Mokhtar, M. Z., Ali, A., & Rahman, M. S. A. (2014). Does IT help SMEs gain better performance: A conceptual analysis of RBV theory. International Journal of Management and Sustainability, 3(5), 307–320. Kouser, R., Rana, G., & Shahzad, F. A. (2011). Determinants of AIS effectiveness: Assessment thereof in Pakistan. International Journal of Contemporary Business Studies, 2(12), 6–21. Nguyen, T. H. (2009). Information technology adoption in SMEs: An integrated framework. International Journal of Entrepreneurial Behaviour and Research, 15(2), 162–186. Rohde, F. H. (2004). IS/IT outsourcing practices of small- and medium-sized manufacturers. International Journal of Accounting Information Systems, 5(4), 429–451. Salehi, M., & Abdipour, A. (2011). A study of the barriers of implementation of accounting information system: Case of listed companies in Tehran stock exchange. Journal of Economics and Behavioral Studies, 2(2), 76–85. Shabanesfahani, A., & Tabrizi, M. A. F. (2012). Information technology adoption and related policy issues in Malaysia. Journal of Environmental Science, Toxicology and Food Technology, 2(1), 43–47. Sian, S., & Roberts, C. (2009). UK small owner-managed businesses: Accounting and financial reporting needs. Journal of Small Business and Enterprise Development, 16(2), 289–305. Tan, F. T. C. (2010). A perception-based model for technological innovation in small and medium enterprises. In Proceedings of the 18th European Conference on Information Systems (ECIS 2010), 6-9 June, Pretoria, South Africa. Thong, J. Y. L. (1999). An integrated model of information systems adoption in small businesses. Journal of Management Information Systems, 15(4), 187–214. Zhang, J., Li, H., & Ziegelmayer, J. L. (2009). Resource or capability? A dissection of SMEs’ IT infrastructure flexibility and their relationship with IT responsiveness. Journal of Computer Information Systems, 50(1), 46–53.
spellingShingle LAFAMS: Account management system for Malaysian small legal firms
summary One of the vital components of a successful private legal practice is good account management. Legal firms have a unique business process and specific rules on how accounting records should be kept and recorded. At present, there are many software packages for legal account management systems such as the MyCase web-based legal practice management software and the QuickBooks legal accounting software. However, for small- and medium-size legal firms in Malaysia, the software designed for international use might not be suitable. The majority of local law firms are SMEs and most of the time, their account management is done by the lawyers themselves. With limited knowledge of accounting and business management, it is not a surprise that many legal practitioners face difficulties in managing their accounts. LAFAMS (Law Firm Account Management System) was developed to assist legal firms to manage their financial transactions, monitor their performance, record cash inflow and outflow and facilitate the auditing process. The system requires only the basic Windows operating system and is easy to operate. The report produced by LAFAMS should be sufficient for submission to the Bar Council as evidence of proper account-keeping by legal firms.
title LAFAMS: Account management system for Malaysian small legal firms
title_full LAFAMS: Account management system for Malaysian small legal firms
title_fullStr LAFAMS: Account management system for Malaysian small legal firms
title_full_unstemmed LAFAMS: Account management system for Malaysian small legal firms
title_short LAFAMS: Account management system for Malaysian small legal firms
title_sort lafams: account management system for malaysian small legal firms