ACCOUNTING INFORMATION SYSTEMS

Information and story Functions

What is the function of contemporary accountants? What is an account statement information strategy (AIS)?

Changes in technology have altered the role of accountants. Traditionally, AIS has had its own set of specific functions and has relied on its own devices, such as journals and ledgers, and its own procedures, double-entry bookkeeping. accounting developed, maintained, and operated the AIS independently of other business functions. Accountants were narrowly foc engagementd on the production and validity of financial information. at a time they are information services specialists and business consultants.

Traditional View of Accounting

Traditional functions of an AIS accommodate recording, storing, processing, and reporting financial information and related non-financial information (for example, buy dates and depreciation methods for fixed assets). Traditionally history has focused on periodic, historical, and aggregated data, primarily in the form of financial statements. It has been restrict largely to financial transactions. Accounting schemas are self-contained and standardized. Accounting information is restricted to stewardship and analysis decisions that use the financial accounting model. Emphasis is on objectivity and reliability of information. Accounting is stray from other business functions; the accountant plays the role of scorekeeper.

Transition to Computers

The original use of computers in accounting focused on automating the record-keeping function. Manual books were replaced by computer books.



The automated clays retained the same functions, predilection toward the accounting cycle, and retained an emphasis on financial statements as in the traditional view. Computers made accounting functions faster, less expensive, and more accurate.

Database Accounting Systems

Under a database system, accounting is part of the management information system. The system aims to capture all aspects of economic events relevant to decision makers. The orientation is toward decision making, not just financial statements. The emphasis is on relevance and timeliness. Transactions and financial statements are part of the system products,

If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper