Accounting Information System


Also found in: Dictionary, Medical, Acronyms, Encyclopedia, Wikipedia.

Accounting Information System

An electronic system containing all documents that a company uses to prepare financial statements and that one may use to defend against an audit. Accounting records include receipts, ledgers, sales records, and so forth. An accounting information system has become a major means for a company to maintain accounting records. See also: Accounting software.
References in periodicals archive ?
To combat financial reporting fraud, such as overstatement of revenues by means of channel stuffing or round-trip ping, the transactional data in blockchain could provide valid evidence showing any potential irregularities involving revenue recognition (Yunsen Wang and Alexander Kogan, "Designing Privacy-Preserving Blockchain-Based Accounting Information Systems," working paper, 2017, http://bit.
We found that the basis of financial accounting information system is built on a special register to follow the progress of all economic transactions.
Accounting Information System is described as an information system that leads a change over the assets, which the business has, and the capital and debts, which are the source of these assets, transforms the data that belonging to financial transactions into information by processing, and reports the information that emerges (Surmeli and et al.
It can be taught in an introductory Accounting Information Systems course or an upper level accounting class after at least a brief discussion of accounting information systems.
By 1875, WE&C's accounting information system consisted of a relatively sophisticated standard costing component and a system of accounts which, through specific decision aides, facilitated decision making for owner/managers in various functional areas.
The rest of the paper is organized as follows: in the first part we present a brief literature review on cloud computing development and its impact on accounting information systems in particular.
Many practice sets are available for accounting information system classes using Great Plains (Arens & Ward, 2008; Yacht & Crosson, 2006), so using Great Plains should be convenient of accounting faculty.
A company's use of information technology and the security of the accounting information system affect the company's internal control over financial reporting.
However, only four of the 14 chapters are technologically challenging, which is consistent with the content of typical accounting information system texts.
John had taken a class on accounting information systems in college that had included a module on the structure of accounting systems.
Tenders are invited for Development And Implementation Of Accounting Information System In Two Public Water Utility Companies - epce And Tesli.