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A SUCCESSFUL ACCOUNTING INFORMATION SYSTEMS IMPLEMENTATION AND THE FACTORS CONTRIBUTIONG TO ITS SUCCESS

    Neha Lather, Prof.(Dr) Divya Jyoti Thakur, Dr Amna Mirza

Abstract

The accounting information system (AIS) is crucial to the provision of business activities in the business process. Because finances are the most important component of the business process, the quality of the accounting information system will influence stakeholders in making the best decision based on that system. An organisation now needs a tool that can be used to analyse data and make decisions in addition to a standard AIS that can support accounting activity. AIS helps managers make decisions and perform planning and control tasks by providing accounting information that is pertinent to the business process. As a result, AIS is viewed as a key competitive advantage in an organisation. To improve commercial activity, an organisation needs more precise, timely, and visible information from the system. Organizations have concentrated on the need for real-time reporting in recent years so they can make decisions more quickly. It is due to reports, which are typically produced quarterly or annually. Because of the market and society, there is a disconnect between the situation as it is and the decision. There are numerous additional AIS-related elements that contribute to the organization's overall growth by enabling the successful application of AIS.

Keyword : Accounting Information System, Implementation, Factors contribution, success

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February 20, 2023
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References


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