2. Finanical Accounting (8501)
Presented To:
Sir Asif Muzaffar Sheikh
Presented By:
waQas ilYas
Today’s Topic
 Analysis of AIS of Any
Public Limited
Corporation.

3. It Collects and Stores Data about Activities and Transactions.
Its consists of
 People
 Procedures
 Data
 Software
 Information technology
Q: What Is AIS ? (Accounting Information System)

4. Subsystems of AIS
Expenditure cycle
Involves Activities of buying and paying for goods or services used by
the organization.
Production cycle
Involves Activities converting raw materials and labor into finished
goods.
Human Resources
Involves Activities of hiring and paying employees.
Revenue cycle
Involves Activities of selling goods or services and collecting payment
for those sales.
Financing cycle
Involves Activities of obtaining necessary funds to run the
organization, repay creditors and distribute profits to investors.

5. Basic Functions
The Data Processing cycle Consist
of four steps:
1) Data Input
2) Data Storage
3) Data Processing
4) Information Output

6. Practical Study
Introduction
United Bank Limited (UBL) is
Established on 7 November 1959 and
it has Assets of over Rs. 550 Billion
and a Solid Track Record of 50 years.
In Addition is to Convenience of over
1112 Branches Serving you
throughout the Country and also at
Several Overseas Locations.

7. Practical Study of the Organization
with Respect to Topic
Many further Accounts Information System
are running in UBL Such as:
UBL Omni Accounts
Omni Account holders can use their Omni
Account through the SMS Channel. By use of
Simple SMS Commands they can avail an
array of Banking Services.

8. Features
 Open Omni Account
 Withdrawal at UBL Branch
 Withdrawal Agent
 Mobile Top-up
 Money Transfer Omni to Omni
 Utility Bills Payments
 Buy Vouchers
 Get Credit Cards

9. Data Collection Methods
The Primary & Secondary data of this Assignment come from
the:
 Interviews of Personnel of UBL
 Books
 Different Websites
 Newspapers
 Magazines

10. SWOT Analysis
Strengths
 Businesses use AIS to make their Accounting Activities
Easier, Quicker and more Accurate.
 AIS Gives safe time to employees and Avoid Mistakes.
Weakness
• Less Opportunities of Non Experience Persons.
• Errors in Computerized System can Lead to Poor Decision
Making.

11. Threats
• Hacking
• Security Threats
Opportunities
• Advance in Technogoly.
• Enhance the Information System.

12. Conclusions
Accounting Information Systems must be Accurate,
Reliable and Efficient to keep Businesses Running
Smoothly and Profitably.

13. Recommendations
 Make it Easy to Understand & Operate For Employees.
 Effective Plans to Face the Problems.
 Improve Decision Making Capabilities.
 Increase the Sharing of knowledge.