Accounting Information System. (AIS) Data and information What Is AIS History Of AIS Component Model Of AIS Steps In AIS Objective Purpose and Use of AIS

1. ACCOUNTING
INFORMATION
SYSTEM
An Overview
Presented By:
Khawaja Muhammad Nasir

2. Content
 Data and information
 What Is AIS
 History Of AIS
 Component
 Model Of AIS
 Steps In AIS
 Objective Purpose and Use of AIS
 Limitation Of AIS
 Career Opportunities in AIS

3. Difference Between Data & Information
 Data means facts may be numeric,texts pictures,graphs etc...
 It may be represented by symbols
 Data is input
 Information is processed data
 More meaningful for users
 Information is output

4. AIS: At the Intersaction of Accounting and IS
Accounting
Financial Accounting
Managerial accounting
& Taxation
Accounting
Information
System
Information System
Collect
Process
Store
Transform &
Distribute

5. AIS
 Collection of data and processing procedures
 Creates needed information for users.
 AIS don't just support accounting and finance business processes.
They often create information that is useful to non-accountants.
 Finance: Cash forecasts and actual payment and receipt
information
 Marketing: Sales. summary analyses, cost information, and sales
forecasts.
 Human Resources: Payroll analyses (including employee
benefit information) and pojections of future personnel costs.
 Production: Inventory summaries and product cost analyses

6. History Of Accounting Information System
Accounting information systems were predominantly developed “in-
house” as legacy systems. Such solutions were difficult to develop and
expensive to maintain.
Tod, accounting information systems are more commonly sold as
prebuilt software packages from vendors such as Microsoft, Sage
Group, SAP and Oracle. Where it is configured and customized to
match the orgaization's business processes. As the need for connectivity
and consolidation between other business systems increased, accounting
information systems were merged with larger, more centralzed systems
known as Enterprise Resource Planning.

7. Main Componenets Of AIS
Accounting information systems are composed of six main components.
 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 it's business.
 Software: Application that processes the data.
 Information Technology Infrastructure: The actual physical devices and
systems that allows the AIS to operate and perform its function.
 Internal Controls & Security Measures: What is implemented to
safeguard the data.

8. Model Of AIS
Data Processing Software
Management
Data Base
Input Physical
Resources
Input Physical
Resources
Output Physical
Resources
Data Information .................................................................

9. Accounting Data Processig Consist Of Four Major Task
Docemnet
Preparation
Data
Storage
Data
Manipulation
Data
Collection

10. Steps Of AIS
PROCESS
OUTPUT
INPUT
CONTROL

11. Financial Statements
 Income Statement
 Balance Sheet
 Statement of Change In Financial Position
Management Reports
Other Out Put Documents
 Customer Invoice
 Material Purchase Order
 Pay Cheques

12. Purpose Of AIS
 Inventory Control
 Sales Order Processing
 Accounts Receivable
 Accounts Payable
 Payroll
 General Ledger

13. If You Have Any question, You
May Contact Me @
Khawaja Muhammad Nasir
Lahore - Pakistan
Tel: +92 332 0291970
+92 309 4878467
Whatsapp: +92 3320291970
Email: ahmadkhayam@gmail.com
Blog: www.shugaal.blogspot.com