Abstract: The primary purpose of this paper is to present the need of accounting information system in the modernization. This paper provides an overview of the main objective of an accounting information system (AIS), a pre-eminently user-oriented system; it is the collection, recording of data and information regarding events that have an economic impact upon organizations, maintenance, processing and communication of information to internal and external stakeholders. Accounting information System has a great potential to influence business performance. After the description of the theoretical background I state the main objectives of Accounting Information system, its uses, importance, and role of accounting information system in modernization. The results of the paper indicates that Accounting information systems plays an important role in our economic and social systems especially in management decision making process by providing information to make proper and effective decision for the success and prosperity of the business in the modern world.
Keywords: Accounting; Information system; Accounting Information system; Subsystems of Accounting Information System; Research model of AIS.
Title: Accounting Information System: The Need of Modernisation
Author: Hajera Fatima Khan
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
