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Accounting Information Systems

Describe some of the information that a good AIS could have provided for this firm and that, if provided in a timely manner, could have helped it avoid some of its problems.

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Shauna Washington started a business to sell art supplies and related curricula to home school families. The business grew quickly, with sales doubling three time during a five year-period. At that point, she sold the business because it had grown too large to manage from her home. Under the new owners, sales doubled again during the next two years. Profits, however, did not keep pace with sales. In addition, the firm had borrowed heavily to open a warehouse. Inventory costs and operating ...

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Accounting Information Systems