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An accounting information system (AIS) collects, stores, manages and reports financial data for companies. It allows accountants, managers and others to work together efficiently. The document discusses the keys, functions and elements of an AIS. Specifically, it notes that an AIS: 1) Collects financial data and allows for efficient reporting and decision making. 2) Uses hardware, software, data, people and procedures to store, process and protect financial information. 3) Allows different departments to collaborate by sharing standardized financial information.

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82 views16 pages

User Name: Forgot Password?

An accounting information system (AIS) collects, stores, manages and reports financial data for companies. It allows accountants, managers and others to work together efficiently. The document discusses the keys, functions and elements of an AIS. Specifically, it notes that an AIS: 1) Collects financial data and allows for efficient reporting and decision making. 2) Uses hardware, software, data, people and procedures to store, process and protect financial information. 3) Allows different departments to collaborate by sharing standardized financial information.

Uploaded by

erickson hernan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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INFORMATION ACCOUNTING SYSTEM
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By :
Name :CHESKA G ATRACTIVO.

Class : BSA-2A
Table of Content
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1 ACCOUNTING INFORMATION SYSTEM KEYS

2 FUNCTION OF ACCOUNTING INFORMATION SYSTEM

3 ELEMENT OF ACCOUNTING INFORMATION SYSTEM


1 KEY TAKEAWAYS

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An accounting information system (AIS) is used by companies


to collect, store, manage, process, retrieve, and report financial
data.

AIS can be used by accountants, consultants, business analysts,


managers, chief financial officers, auditors, and regulators.

An AIS helps the different departments within a company work


together.
KEY TAKEAWAYS

An effective AIS uses hardware and software to


effectively store and retrieve data.

The internal and external controls of an AIS are


critical to protecting a company's sensitive data.
2 FUNCTION OF ACCOUNTING INFORMATION SYSTEM (AIS)

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02
1. The efficiency in the collection of accounting information system and
organizations financial activities.

2. To supply useful information for making decisions.

3. To make sure that the controls to accurate record, information, and


knowledge are in place.
3 ELEMENT OF ACCOUNTING INFORMATION SYSTEM (AIS)

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ELEMENT OF ACCOUNTING INFORMATION SYSTEM (AIS)

1. DATA AND INFORMATION


The data contained in an AIS is
all of the financial information
pertinent to the
organization's business practices.
Any business data
that impacts the company's
finances should go into an AIS.
ELEMENT OF ACCOUNTING INFORMATION SYSTEM (AIS)

2. AIS People
The people in an AIS are the system users.
An AIS helps the different departments
within a company work together.
Professionals who may need to
use an organization's AIS include:
•Accountants •Consultants
•Business analysts •Managers
•Chief financial officers
•Auditors
ELEMENT OF ACCOUNTING INFORMATION SYSTEM (AIS)

3. Procedures and Instructions


The procedure and instructions
of an AIS are the methods
it uses for collecting, storing,
retrieving, and processing data.
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