Accountants within any organization must use the accounting information system (AIS) to accomplish the functions of accounting, generating and using accounting reports. For example, a controller in an organization must oversee a staff of accountants who record all accounting transactions, do the monthly closing of the accounting records, and generate the reports needed by management and external users. The accounting information system is the mechanism that allows the accounting staff to accomplish those functions. Accountants must therefore understand AIS concepts in order to perform these accounting jobs in 2020 and beyond COVID.
Auto266