One function of the accounting information system
(AIS) is to provide adequate controls to ensure the safety of
organizational assets, including data. Many people, however, often
view control procedures as red tape. Discuss how controls can
improve the overall efficiency and effectiveness. Why are we
concerned with controls in the AIS department?
• What is the difference between accounting information system
(AIS) ans management information system (MIS)?
• What is the difference between financial transactions and
non-financial transactions?
What AIS (Accounting Information System) software package would
be ideal for small barber shop?
Choose two potential candidates and compare them. The following
problems will need to be taken over by the AIS: payroll; personnel;
scheduling; accounts payable and receivables; vendors; potential
income disbursements; all sales data; retail inventory and working
inventory. The barber shop employs 6 people (4 barbers, one
accountant, one manager) and makes $200,000 annual sales. Make all
other assumptions if necessary. Create a comparison matrix for...