An accounting information system is a framework that companies use to collect, store, process, retrieve, and report their financial information. It is used by accountants, managers, business analysts, executives, and other finance roles. An accounting information system ensures reliable and effective collection and processing of financial data through security, confidentiality, integrity and availability controls. There are different types of accounting information systems including electronic data processing systems and those that support specific business cycles, like revenue/receivables or procurement/payables cycles. Implementing an accounting information system is similar to other IT projects and requires careful development, testing, and deployment to minimize disruption while avoiding errors. Popular accounting software packages that enable accounting information systems include FreshBooks, NetSuite