HI6008 - Accounting Information System (AIS) Impact: A Detailed Report

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This report provides a reflective analysis of the impact of Accounting Information Systems (AIS) on organizational performance. It delves into the effectiveness and usefulness of AIS, its value in learning experiences, and how the learning process can be applied in various contexts such as course studies, program development, future career paths, and overall life skills. The report also outlines the objectives achieved during the learning process, including assessing the impact of AIS on organizational performance, management effectiveness, and efficient control in SMEs. Furthermore, it explains the learning process, highlighting the strategic success facilitated by AIS and how innovation in AIS design can lead to improved company performance and reduced financial restrictions. The study concludes that AIS significantly influences business organizations, aiding in decision-making, performance calculations, financial processes, and profit development. This document is available on Desklib, a platform offering a wide range of study resources for students.
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RUNNING HEAD: ACCOUNTING INFORMATION SYSTEM 1
ACCOUNTING INFORMATION SYSTEM
Student Name
Institute Name
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ACCOUNTING INFORMATION SYSTEM 2
Contents
Introduction................................................................................................................................3
Effectiveness and usefulness......................................................................................................3
The opinion of learning experience........................................................................................3
Value of learning experience..................................................................................................4
How learning process is helpful.................................................................................................4
Course.....................................................................................................................................4
Program..................................................................................................................................4
Future Career..........................................................................................................................5
Life.........................................................................................................................................5
Objectives about what happened in the process.........................................................................5
Evaluation of learning................................................................................................................5
Explanation of learning process.................................................................................................5
Explanation of the planning about applying the learning in the system....................................6
Conclusion..................................................................................................................................6
Reference....................................................................................................................................7
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ACCOUNTING INFORMATION SYSTEM 3
Introduction
The report will be a reflective report which will focus on investigating the influence of
Accounting Information System (AIS) on the whole performance of the company. AIS is
based on the tool that when combined with an area of information as well as technology
structure helps the management and control the discussion in association to economic as well
as the financial field of the company (Al-Hiyari et al., 2013). In the same reflection, the main
attention is on the learning from research and the impact which associate with the business
world with the help rightly paying attention to changing the AIS system.
Effectiveness and usefulness
The overall effectiveness is related to how AIS is able to meet the ground with the process of
applying the system in organizations. It also permits the immense volume with semi-
structured as well as unstructured information on AIS. Accounting can be identified as three
important elements that consist of financial data-based sources, the language of the
organization (Christensen and Feltham, 2012). Another important point is where the data is
based on the valuable information that can be processed that provide the base for decision
making. In the end, the system also based on a firm which is integrated where the whole
structure pays attention to the set of business goals.
The opinion of the learning experience
The usage of AIS efficiency and effectiveness is a big spread of data required by many
consumers of the organization. AIS has been significant to the operations of the company,
either revenue driven or non-profit focused, companies need to maintain some level. It
further has the influence on the business decision making and also helps the administrative
coordination in the companies (Hall, 2012).
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ACCOUNTING INFORMATION SYSTEM 4
Value of learning experience
AIS is based on different elements that are primarily come together for collecting raw
information, data and then changes this into financial information for the goal to report them
to the decision-makers. The research basically tests the relationship that exists the process of
AIS as well as the performance of the company (Hilton and Platt, 2013). In addition, the
research will also evaluate about the proofs that the organizational culture helps to improve
the overall performance by rightly interrelating the quality of data, system quality as well as
quality of data.
How learning process is helpful
The study of the project helped me understand different companies that strategize that can be
integrated this technique in the business. As efficient and effective management of every
company is normally rightly anchored on the overall quality of decisions and the project also
assist the management of the company to gain clarity the importance of this technique within
the operations (Laudon and Laudon, 2016).
Course
The whole discussion in the report will help me to understand more about the process of AIS
and its implementation of the company and marketing which is set to revolve the particular
area.
Program
The programs are established to discuss the work that can relate to capacities of the
consumers and the tools. The expansion of capacities is based on matching the current
moving focus with right management and grabbing the information about AIB (Libby, 2017).
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ACCOUNTING INFORMATION SYSTEM 5
Future Career
The future opens many avenues for me since the research raised my interest in AIS and this
new technology help the companies and how it can be implemented in the organization. It
will not just assist in work in effective manner however also meet the challenges.
Life
The overall consideration is based on addressing with the money while dealing with the
matters of the company. This also permits significant to match with AIS information with the
immediate transition of accounting process (Richardson et al., 2014).
Objectives about what happened in the process
The main objective of the learning is to assess the impact of AIS on the complete
performance of the current entity. In addition, the other goal also consists of examining the
impact of AIS on the effectiveness of the management in specific business (Simkin et al.,
2014). It also assesses the impact of AIS on the efficient control of the company in small or
medium size organization which is also called as SMEs (Soudani, 2012).
Evaluation of learning
In the current time, AIS is right to be the information system that normally does not ever stop
at restricted the financial data and data, however also consist the data as well as quantitative
and descriptive data that is right in making a business decision for the consumers.
Explanation of learning process
The AIS and literature normally help the strategic success is primarily taken into account the
outcome of the AIS structure. It can be analysed from the current study that the process of
AIS has the immense influence on the strategic management, evaluating distinct features of
AIS under many strategic priorities. It has been mentioned in so many reports that the right
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ACCOUNTING INFORMATION SYSTEM 6
AIS design evaluates support the business strategies in many ways by which it increases the
overall performance of the company (Worrell et al., 2013).
Explanation of the planning about applying the learning in the system
The research says that the process of innovation in the AIS design also further lead to have a
better performance of the company and reduce financial and enterprise restriction, thereby
raises the possibility to gain accessibility the current capital market. The process of AIS in
business is significant as it assists to administer the company and also integrating internal
control structure (Worrell et al., 2013). However, a significant question that rises in the
accounting areas is that whether AIS further fits the company needs for information control
and communication. Advantages of the AIS can further be assessed by its impact on
increasing the process of decision-making, AIS, internal control and helping in work of the
company.
Conclusion
In the end, the process of AIS impacts the business organization in positive as well as
negative manner. The process of AIS is an impactful technique that assists in the process of
decision making of the company in so many ways which also involves, managerial level
decision making, increasing the performance calculations, aiding financial steps process and
profit development (Worrell et al., 2013).
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ACCOUNTING INFORMATION SYSTEM 7
Reference
Al-Hiyari, A., AL-Mature, M.H.H. and Mat, N.K.N., 2013. Factors that affect accounting
information system implementation and accounting information quality: A survey in
University Utara Malaysia. American Journal of Economics, 3(1), pp.27-31.
Christensen, P.O. and Feltham, G., 2012. Economics of Accounting: Information in
markets (Vol. 1). Springer.
Hall, J.A., 2012. Accounting information systems. Cengage Learning.
Hilton, R.W. and Platt, D.E., 2013. Managerial accounting: creating value in a dynamic
business environment. McGraw-Hill Education.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Libby, R., 2017. Accounting and human information processing. In The Routledge
Companion to Behavioural Accounting Research (pp. 42-54). Routledge.
Richardson, V.J., Chang, C.J. and Smith, R., 2014. Accounting Information Systems.
McGraw-Hill Irwin.
Simkin, M.G., Norman, C.S. and Rose, J.M., 2014. Core concepts of accounting information
systems. John Wiley & Sons.
Soudani, S.N., 2012. The usefulness of an accounting information system for effective
organizational performance. International Journal of Economics and Finance, 4(5), p.136.
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ACCOUNTING INFORMATION SYSTEM 8
Worrell, J.L., Di Gangi, P.M. and Bush, A.A., 2013. Exploring the use of the Delphi method
in accounting information systems research. International Journal of Accounting Information
Systems, 14(3), pp.193-208.
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