Saturday, May 29, 2010

Two Components of AIS


Accounting Information Systems
Two Components of AIS : Financial and Managerial
* The computers ability to handle an organization's routine bookkeeping has led to a growing emphasis on managerial accounting
* The portion of the AIS that is independent of the management information is the financial accounting components
* Management accounting ( internal usages , future oriented , not regulated by GAAP , can be non-monetary , influence by many other disciplines , flexible and non-routine reporting)

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