It's a topic is "Accounting information system(AIS)

1. Presentation on
Accounting Information System
Principles of Accounting
(ACC-101)

2. By
S. M. Maruf Siddiqe (B1405139)

3. Accounting Information System
• Is a subsystem of management
information system
• Collects and processes transaction data
• Communicates financial information to
decision makers
• Includes each of the steps in the
accounting cycle

4. An accounting information
system (AIS) consists of:
• People
• Procedures
• Data
• Software
• Information technology

6. Basic Concepts of AIS
Computerized-
• Large Business
organizations use this
• Works are done with the
help of software
• Chances of mistakes are
less
Manual-
• Generally used in small
organizations
• Works are done manually
• More chances of doing
mistakes

7. Basic functions of AIS
• It collects and stores data about activities
and transactions
• It processes data into information that is
useful for making decisions
• It provides adequate controls to safeguard
the organization’s assets

8. Basic Functions
The data processing cycle consist of four steps-
1) Data input
2) Data storage
3) Data processing
4) Information output
The information an AIS provides falls into two main
categories-
1) Financial Statements
2) Managerial Reports

9. Basic Functions
The third function of an AIS is to provide
adequate internal controls to accomplish
three basic objectives-
1)Ensure that the information is reliable.
2)Ensure that business activities are performed
efficiently.
3)Safeguard organizational assets.

10. Subsystems in the AIS

11. Factors influencing design
of the AIS

12. The Accounting Process
The accounting process starts when an
economic event is recognized by AIS, which
records this event as an accounting transaction

13. Benefits of AIS
 Businesses use accounting information systems to make their
accounting activities easier, quicker, and more accurate
 Allows to safe time of employees and avoid mistakes
 Implementation of such system requires investment and time to
be spent on the implementation, however future benefits are
much higher that the expenses incurred.
 Helps the company forecast sales, profits, loss
 Make it easier to compile financial data for use in taxes, payroll,
and other bookkeeping requirements

14. THANK YOU!