Report on Accounting Information Systems at MEEN & SURI Corp
VerifiedAdded on 2020/03/13
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Report
AI Summary
This report provides an in-depth analysis of the accounting information systems (AIS) utilized by MEEN & SURI Corp, an Australian firm. The report begins with an introduction to AIS and its evolution, highlighting the shift from manual data recording to software-based systems like MYOB. It then delves into a literature review, comparing MYOB with competitors like QuickBooks and Reckon-One, and explaining why MEEN & SURI Corp chose MYOB. The report explores the benefits of MYOB, including accuracy, speed, safety, and ease of use, and discusses the company's line organizational structure. Part 2 discusses the development and adoption of AIS in Australia, highlighting MYOB's market dominance and providing market share data. It also addresses the gaps and challenges associated with AIS, such as security concerns, high costs, and the need for expert handling. Finally, the report offers recommendations for AIS companies to improve their services, such as providing free technical support and flexible pricing models. The report concludes by emphasizing the significance of AIS in modern business operations.