Submitted By: Tapas Panda 1001247043 Abhijit Ranjan 1001247044 Khirabdhi Biswal1001247045 Shasikant Ray 1001247046 Lincon Nath

1001247047 Prabir ku. Jena 1001247048 Gyan Prakash 1001247049

accounting and financial information other information obtained in the routine processing of accounting transactions

People: users who operate on the systems

Procedures and instructions: processes involved in collecting, managing and storing the data

Data: data that is related to the organization and its business processes

Software: application that processes the data Information technology infrastructure: the actual physical devices and systems that allows the AIS to operate and perform its functions Internal controls and security measures: what is implemented to safeguard the data

Accounting information systems are helpful with preparing financial statements, taxes, reconciling bank accounts and generating reports.
Timely Information Easy to Use Internal Controls Decision Making External Financial Reporting

(Source documents) Input

Processing

Output

(Financial statements)

ACCOUNTING RECORDS Journals, Ledgers, input transactions, request reports, protect records Other records accessed for posted reports PERSONNEL HARDWARE INPUT DATA
entered, edited

SOFTWARE PROCESSING

printed to paper, OUTPUT screen

REPORTS

1. reduce effort 2. save time 3. improve efficiency 4. reduce errors

Learning the System

Loss of Information

Re-evaluation