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Accounting Information System

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Accounting Information System
Table of Content * INTRODUCTION...................................................................08
1.0 INFORMATION SYSTEM (IS)………………………………......08
2.0 ACCOUNTING INFORMATION SYSTEM (AIS)…..................08
3. O History OF AIS……………………………………………………,.08
4.1 TYPES OF AIS…………………………………………………......09
4.1 MANUAL SYSTEM…………………………………………………….. 09
4.2 LEGACY SYSTEM……………………………………………………....09 4.3 REPLACEMENT OF LAGACY…………………………….……..……10
5.0 COMPONENTS OF AIS…………………………………………..10 5.1 PEOPLE………………………………………………………………. 10
5.2 PROCEDURES AND INSTRUCTION………………………………..11 5.3 DATA………………………………………………………………….. 13 5.4 SOFTWARE……………………………….…………………………. 13 5.5 INFORMATION TECHNOLOGY INFRASTRUCTURE………… 14 5.6 INTERNAL CONTROLS………………………………………………15
6.0 PRINCIPLES OF AIS................................................................. 15 6.1 COST EFFECTIVENESS…………………………………………15 6.2 USEFULLNESS OUTPUT………………………………………...16 6.3 FELEXIBITY………………………………………………….. 16
7.0 WORK PROCESSING OF AIS ……………………… 16
8.0 USERS OF AIS…….……………………………………….. 17
8.1 INTERNSL USERS………………………………………… 17
8.1.1 OWNERS............................................. 17 8.1.2 MANAGEMENT……………………………………17 8.1.3 EMPLOYEES………………………………………..17 8.2 EXTERNAL USERS……………………………………………18 8.2.1 CREDITORS……………………………18 8.2.2 TAX AUTHORITIES…………………………18 8.2.3 MAMBERS OF NON PROFIT ORGANIZATIONS…18 8.2.4 INVESTORS……………………….18 8.2.5 TRADING PARTNERS…………19 8.2.6 GOVERNMENTS REGULATORY AGENCIES…….19 8.2.7 LAW MAKERS AND ECONOMICS PLANNERS…..19 8.2.8 OTHERS EXAMPLES…………………………………..19
9.0 SOFTWARE ARCHETECTURE OF MODERN ACCOUNTING INFORMATION SYSTEM………………………………………………..20
10. IMPLICATION OF ACCOUNTING INFORMATION SYSTEM…21
11.0 ADVANTAGES OF AIS……………………………………………22
11.1 SPEED……………………………………………………………22
11.2 CLADDIFICATION ………………………………………….23
11.3 SAFETY…………………………………………………..23
11.4 BETTER INFORMATION…………………………………23
11.5 IMPROVED
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