Accounting Information System

Running head: ACCOUNTING INFORMATION SYSTEM
Accounting information system
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1ACCOUNTING INFORMATION SYSTEM
Executive summary:
This report is particularly explaining about the accounting information system (AIS) and also
the various components of AIS. Along with such this report is also providing the principles
and operations in an organizational. After that it provides a discussion about the various types
of accounting information system (AIS) through analyzing and comparing them. At the
ending it discussed the various methodologies in case to evaluate different types of
accounting information system.

2ACCOUNTING INFORMATION SYSTEM
Table of Contents
Executive summary:...................................................................................................................1
Introduction:...............................................................................................................................3
Principles:...................................................................................................................................3
Components:..............................................................................................................................4
Types:.........................................................................................................................................6
Conclusion:..............................................................................................................................11
References:...............................................................................................................................12

3ACCOUNTING INFORMATION SYSTEM
Introduction:
The financial statement of an organization plays an important role in case of
evaluating the overall organizational performance. In case of maintaining the financial
statement properly, every organization is required an effective accounting information system
(AIS), which is enable to keep record all the financial transactions properly. Such recording
procedure is commonly known as bookkeeping procedure. The accounting information
system is involved storing and managing the financial data is useful for the users in reporting
the financial information to the shareholders or owners and other stakeholders. Through an
effective accounting information system (AIS), some modern companies are maintained their
current, high quality and rapid information about the internal conditions for the purpose of
making the strategic decisions. This system is considered as an intelligent system of
accounting, which can be customized and capable of displaying the required information for a
business. In this system, generally three primary functions are available that plays an
important functions in case of performing the accounting information system (AIS). The
accounting information system generally used to collect and stored all the organizational and
financial data of an organization in a one place through proper bookkeeping system.
Generally an effective accounting information system (AIS) is keeping record of individual
transactions data including the effective financial data from the source as this accounting
information system should be able to provide the accurate information for decision making
purpose. This AIS is provide the framework on which a company or organization can depend
relating to its various accounting information. Without a proper Accounting information
system function, it will be broader warnings for organizations in case of maintain accounting
information and completion of overall organizational goals (Belfo and Trigo 2013).