The Impact of Account Information Systems Organizational Performance: The Context of Hospitality Industry of Sydney, Australia

Accounting Information Systems 1
THE IMPACT OF ACCOUNT INFORMATION SYSTEMS ORGANIZATIONAL
PERFORMANCE: THE CONTEXT OF HOSPITALITY INDUSTRY OF SYDNEY,
AUSTRALIA
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Accounting Information Systems 2
Abstract
Accounting Information System has become a fundamental part of business operations over the
years. The competitive business environment has forced companies to devise methods of being
highly competitive and efficient in order to experience growth and survive the dynamic business
conditions. Therefore, firms use Accounting Information System (AIS) to help adjust to the ever
changing conditions in the business environment. An AIS is system that allows for the collection,
storage, retrieval, management, processing and reporting of financial data and also helps in
uncovering accounting problems and mistakes within a company. As a result, it has become a
fundamental part of business. The system is designed to support all the accounting functions
such as managerial accounting, taxation, financial accounting and reporting and even auditing.
As a result, the system plays a critical role in organizations. Therefore, this report seeks to
examine the impact of account information systems organizational performance using the case
study of the hospitality industry in Sydney, Australia. Primarily, this paper is segmented into
various sections, namely the introduction to research, research problems and objectives,
theoretical background and literature review, and the research design and methodology. The
introduction section introduces the audience to the background of the study and why the research
topic is important and worth researching, It also highlights the problems that the research seeks
to resolve. On the other hand, the literature review examines the studies already conducted
within the same topic in order to gain useful information to inform the study. So far various
studies have been conducted in different countries and industry. However, so far, there is no
study conducted on the health care industry, especially Australia. Therefore, this research study
seeks to fill this research gap that exists and determine the impact of The Impact of Account
Information Systems Organizational Performance.

Accounting Information Systems 3
The Impact of Account Information Systems Organizational Performance: The Context of
Hospitality Industry of Sydney, Australia
1.0 Introduction to research
An accounting information system refers to a system for gathering, storing, and processing
accounting and financial data are that used by firms and decision making agents. Over the past
few years, the system has become an essential part of the accounting process. Many
organizations across the world have adopted and integrated the accounting information system
into the accounting functions. Generally, it is a computer-based way for tracking the accounting
activities of a firm in conjunction with information technology resources. Today, the system is
designed to support all the accounting functions such as managerial accounting, taxation,
financial accounting and reporting and even auditing. As a result, the system plays a critical role
in organizations. It is worth pointing out that a well-designed AIS system can help an
organization to run smoothly on the routine processes. Mainly, this is because the system not
only allows for the collection, storage, retrieval, management, processing and reporting of
financial data but also helps in uncovering accounting problems and mistakes within a company.
Therefore, it is important for a firm to have strong and maintained AIS that is accurate and
efficient to help in improving all areas of the accounting process.
This research seeks to address the problem of lack of a proper methods and systems of
accounting within organizations. Many organizations fail and become unproductive in their
processes due to lack of proper accounting operations within its structure. Therefore, this study
seeks to determine and uncover the importance and impact of integrating a well-designed AIS

Accounting Information Systems 4
into the operations of an organization with the aim of improving company performance in the
hospitality industry. Ordinarily, the accounting processes within a healthcare facility are intense
and large in number. Thus, it is difficult for the accountant to maintain proper records of all
accounting information manually. For this reason, they utilize the services of accounting
information system to enhance and improve the accounting process while improving the
performance of the firm. By and large, an AIS plays three major functions, which in turn play a
fundamental role in enhancing the performance of organization. The first function of the system
is to effectively and efficiently collect and store data concerning the healthcare facility’s
financial activities. Often, this comprises of getting the data from source documents across
departments, recording them in journals and posting them to ledgers. The second role of the
system is to supply information that is essential for making decisions. Mainly, this function is
made possible though the production of financial statements and managerial reports by the
system. The last function of the program is to ensure that all accounting functions are in place to
correctly record and process data.
Primarily, this research proposal is structured into various sections. The first section is the
statement of the research problem and the objective of this research. This section will state the
overall research problems and objectives of the study. The section that follows is the theoretical
background and literature review. This will provide a background of the studies and research
already done on the research topic. Afterward, the last section is the research design and
methodology. This section provides a detailed plan of the research design and methodology used
to conduct the study. It will provide and justify the type of research approach and the type of data
used in the study. In addition, it will describe the type of data used in the study, the data
collection process, and the sample used to inform the study.