Purchase Solution

Accounting Information Systems Vital to Businesses Success

Not what you're looking for?

Ask Custom Question

1. If AIS are so vital to business success, why do so many businesses have problems in this area?

2. What kind of obstacles would you expect to have in communications between IT developers and accountants regarding development or improvement of the accounting information system?

3. What potential challenges are posed by sharing information between organizations?

Purchase this Solution
Solution Summary

Accounting Information Systems is discussed in great detail in this solution.

Solution Preview

STEP 1
1. If AIS are so vital to business success, why do so many businesses have problems in this area?
· So many businesses have problems in this area because:
· Accounting and finance personnel are familiar with traditional accounting controls and methods and as such are not trained in modern information technology.
· The businesses are not able to successfully integrate information technology for designing, implementation and monitoring of information.
· The input and output devices require specialized training. The financial accounting staff does not have such training.
· The business top management is not comfortable with the financial reports generated by electronic accounting information systems.
· The businesses are faced with security and secrecy problems while using electronic information systems.
· The businesses that are familiar with the earlier manual process do not trust the ...

Purchase this Solution
Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Motivation

This tests some key elements of major motivation theories.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

View More Free Quizzes
Related BrainMass Solutions

  • Accounting Information System

    141140 Accounting Information System 1. If AIS (Accounting Information Systems) are so vital to business success, why do so many businesses have problems in this area? 2.

  • organizational technology, value, and strategy

    In reference to the importance of accounting software, the use of this technology is vital for managing any businesses' financial transactions.

  • Accounting Ethics Importance

    In the accounting field where businesses, investors, leaders, government, and all those concerned rely on the ethical presentation and delivery of financial information, the role of ethics plays a vital role.

  • Information Technology and the Modern Enterprise (c)

    The use of IT systems will help the company develop a value web or hub structure that is predicated upon an ability to digitally connect customers, suppliers, partners, and other vital players for the success of the business.

  • What statement best describes some of the general character

    496743 What statement best describes some of the general characteristics of Accounting Information Systems? What statement best describes some of the general characteristics of Accounting Information Systems?

  • Information Technology and the Modern Enterprise(s)

    Information systems is used to assess the most competent and accurate path that the university should take when mapping out recruitment, academics, and other vital areas of the university system.

  • Internal Accounting Systems

    This information is vital to the making of quality accounting data on a well-timed basis and the communicating of that data to the decision-makers.

  • Discuss how technology based information systems affect acco

    387523 Discuss how technology based information systems affect accounting? Discuss how technology based information systems affect accounting. Discuss how technology based information systems affect accounting.

  • Outputs of an Accounting Information Systems

    What are the typical outputs of an Accounting Information Systems? "An accounting information system (AIS) is a collection of interrelated parts, some of which may incorporate information technology.

View More Related Solutions