Accounting Information Systems

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1. How can AIS reports be used to provide strategic information for a business organization?

AIS can provide a wide range of complex reports in a easy to interpret and summarized manner, which is not possible with manual efforts. Further, such reports can be obtained on a regular and timely basis, as and when needed by the organizational management. All these benefits lead to an accurate, informed and timely decision making in an organization, thereby boosting the effectiveness of the overall strategy. The information provided by the AIS is, thus, of strategic importance to the organization in framing timely and accurate strategic decisions.

AIS provides consolidated, accurate and timely accounting related information to the organizational management. Further, since all the ...