- Accounting information system
An accounting information system (AIS) is the system of records a
businesskeeps to maintain its accounting system. This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information to make decisionWhile this was previously a paper-based process, most modern businesses now use accounting softwaresuch as UBS, MYOB etc. Information System personnel need knowledge of database management and programming language such as C, C++, JAVA and SQL as all software is basically built from platform or database.
Electronic Financial Accountingsystem, the steps in the accounting cycle are dependent upon the system itself, which in turn are developed by programmers. For example, some systems allow direct journal posting to the various ledgers and others do not.
Accounting Information Systems provide efficient delivery of information needed to perform necessary accounting work and to assist in delivery of accurate and informative data to users, especially those who are not familiar with the accounting and financial reporting areas itself.
* [http://www.isaca.org/ Information Systems Audit and Control Association (ISACA)] — issues certifications for information systems auditors.
Accounting Information system is a set of interrelated subsystems which collect, record and process data to information which is used to make quality decisions. The AIS has changed the way accountants perform their tasks and introduced efficiency and effectiveness in their various fields of study e.g Auditing, Management Consultants and others.
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