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What is an Accounting Information System? - Accountancy

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Question

What is an Accounting Information System?

Answer in Brief

Solution

The Accounting Information System is defined as a system that allows for the identification, gathering, processing, summarising, and production of information about an organization, which can then be used in a variety of ways by users to maintain the organization's goals and objectives. 

As a result, auditors, CFOs, and analysts may be intrigued. The Accounting Information System (AIS) provides the benefit of dealing with enormous volumes of data in a short amount of time while producing the most accurate and effective outcomes. As a result, the Accounting Information System enables organizations and businesses to make effective business decisions.

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Management Information System and Accounting Information System
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Chapter 12: Applications of Computers in Accounting - Questions for practice [Page 478]

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NCERT Accountancy - Financial Accounting 1 [English] Class 11
Chapter 12 Applications of Computers in Accounting
Questions for practice | Q 6. | Page 478
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