A very important aspect that is related with the implementation of the accounting information systems
in organizations, is quality of the data/information generated, due to the important role they play in the decision making process.
Threats to accounting information systems
come from a variety of sources.
Artificial intelligence and research in accounting information systems
: Issues and opportunities.
Blockchain, a public, decentralized ledger first used to enable bitcoin trading, has the potential to serve as a secure accounting information system
. A key feature of blockchain is that it decentralizes system management and authorization to a network of computers.
1 shows the financial and accounting information system
and financial and accounting management cycle.
To that end, we offer a new framework for accounting information systems
that we call Accounting Architecture.
The advantages of using accounting information system
(AIS) are relevant and important for the public managers and other users, such as: investors, creditors, managers, owners, customers, employees, regulatory agencies.
Big data provides the accounting information resources sharing platform: Computerized accounting information system
has changed the traditional accounting model, automate accounting bookkeeping, accounts, reimbursement, through an automated way to realize the change of financial management technology, and provides information to assist decision making to the managers(Juan, 2013; Khan, 2012).
A possible crisis that may arise in a business can be prevented if the mentioned accounting information system
is operated in a good way.
This undergraduate textbook describes the conceptual framework underlying financial accounting, the accounting information system
, the format of income statements and balance sheets, the time value of money, the valuation of inventories, different types of liabilities, stockholders' equity in corporations, accounting for income taxes and leases, and full disclosure in financial reporting.
It now looks to upgrade its accounting information system