Accounting Information Systems

An accounting information system (AIS), a computer-based method, tracks accounting activity that has been combined with information technology resources game judi slot. AIS is a structure businesses use to collect, store, manage, process, retrieve, and report their financial data so it can be used by accountants, consultants, business analysts, chief financial officers, auditors, and tax agencies.

There are five basic components of accounting information systems, which include:

Computer hardware: This is the physical technology that is involved with processing and/or storing the data. It can be a smartphone or a supercomputer harrysbarvenezia. It also includes equipment such as keyboards, external drives and routers.
Computer software: Software provides the information that tells the hardware what to do. The primary piece of system software is the operating system. Windows is an example of an operating system. Another type of software is application software. This is designed to handle specific tasks, such as creating a document or managing a spreadsheet.

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Telecommunications: Telecommunications is what transmits the information from your computer hardware and software to others. Connections can be made through wires or wireless through a Wi-Fi network. Tying computers together in a specific area, such as an office or school, uses a local area network (LAN). Connecting computers that are more widely dispersed use a network called a wide area network (WAN).
Databases and data warehouses: A database is where your accounting data is stored and where it can be retrieved. A data warehouse contains all the data in whatever form the organization needs.
Human resources and procedures: The final component is possibly the most important, the human element. These are the people who run the system: They compile the data and interpret the knowledge contained in the databases and data warehouse.

Managerial accounting analyzes financial information and provides performance reporting, which assists business owners in comparing actual profits with projections.

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