An accounting information system (AIS) is an integral part of the total management information system (MIS) of
Question:
An accounting information system (AIS) is an integral part of the total management information system (MIS) of an organization. The AIS is usually manned by accounting and finance professionals who possess knowledge and competency in business MIS as a whole, and AIS in particular. As business continues to evolve, so does the roles of the accounting and finance professionals also continue to evolve.
a. Discuss three (3) roles that are accounting and finance professionals are required or expected to play in the everchanging information systems of a business. (5 marks)
b. The AIS within an MIS may be run either manually or in an automated manner. A computerized AIS is an automated system for recording, summarizing and analysing large volumes of financial data into useful information and reports. Identify and briefly explain four (4) modules of a computerized AIS.
c. Explain three (5) salient features that have allowed the computerized AIS Tally ERP.9 to make inroads into the Ghanaian SME market.
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood