https://padlet.com/55752/p5l14f7rk7t4 AIS is important in helping accounting jobs. en-us 2018-03-21 05:21:23 UTC 2018-03-21 05:48:29 UTC hello@padlet.com 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368437 Accounting Information System (AIS) is an information system that contained formal process for collecting data, processing the data into information, and distributing that information to users. The purpose of an accounting information system is to produce informational reports that are facilitating decision making within organizations. 

]]> 2018-03-21 05:35:55 UTC https://padlet.com/55752/p5l14f7rk7t4/wish/244368437 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368535 The computerized systems make accounting job easier by using software, which can compile financial, tax and payroll data. It allows faster data entry and are more efficient in processing data than manual accounting. The use of hardware such as scanners automatically generates accounting information without much ado. Besides that, computerized systems update accounting records automatically. This helps accountants to save time in updating account records. Computerized systems enable users to access it promptly by the click of a mouse. Unlike manual, the users do not have to go through a pile of paper work in order to locate the information that he needs. ]]> 2018-03-21 05:36:51 UTC https://padlet.com/55752/p5l14f7rk7t4/wish/244368535 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368562 With the arrival of computer, computer programs replaced manual procedures, and paper records were stored digitally. Accountants hence relinquished their traditional responsibilities to the new generation of computer professionals. Accountants must equip themselves with computer knowledge in order to use the computerized system in organizations. Lacking computer skills, accountants were generally uncertain about their status and unwilling to explore this emerging technology.

]]> 2018-03-21 05:37:12 UTC https://padlet.com/55752/p5l14f7rk7t4/wish/244368562 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368584 Accountants shall play an active and effective role in the process of designing the systems in order to achieve an effective internal system. Computer programmers, often with no accounting or business training, assumed full responsibility for the design of accounting information systems. As a result, many systems violated accounting principles and lacked necessary controls. Therefore, the accounting profession began to reassess the accountant’s professional and legal responsibilities for designing computer-based systems. ]]> 2018-03-21 05:37:30 UTC https://padlet.com/55752/p5l14f7rk7t4/wish/244368584 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368688 Accountants must ensure that what is claimed to have been implemented is followed in the Accounting Information System (AIS). The role of system auditors is not to fetch thieves in a system, but to ensure that rules claimed to be followed are backed up by documentation. Accountants need to ensure that the information provided is accurate and that the system is working effectively. Like any information gathering process, things can go wrong and not understanding the systems will lead you to missing potentially dangerous mistakes.

]]> 2018-03-21 05:38:38 UTC https://padlet.com/55752/p5l14f7rk7t4/wish/244368688 55752 https://padlet.com/55752/p5l14f7rk7t4/wish/244368722 Computer fraud is a concern to organizations. Accountants need to instigate a system of controls for who has access to the information. If there is a security breach and data is stolen, management can be held personally liable for the loss of data. Therefore, accountants also need to protect against data loss through power failure or viruses, and the danger of hackers stealing data.

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