In: Accounting
a. Discuss the impact of Accounting information systems on the performance of managerial accountants b. commonly known AIS systems c. impact on role and performance of managerial accountants. d. necessary training to implement and maintain accounting information systems. e. pros and cons of accounting information systems.
Accounting Information Systems are basically impememted in an organisatio to ease the proces of accouning in an organisation.
MAnagerial Accountants are responsible for decision making and making proper accounts.With th embarkment of AIS, here has been both Positivve as well as negative impact on performance of managerial accountants
Positive Impact.
1)Ease of work:AIS makes the accounting process easy and simple
2) Automation : Automation in AIS leds to mitigation of caculation errors.
3)Efficiency:Implementation lof AIS leaads to accomplishment of work effectively and efficiently
Negative Impact
a) Adaptability : Adapting an AIS is a crucial issue as many mangers may resist change. Hence adoption of new system is a big task.
b) Information availability: AIS always works on powe based gadgets, if anyhow the gadgets fail, availability of information becomes a crucial matter. This highly affects performance of managers.
Training to implement and maintain AIS
Training is an utmost important part to implement AIS.Training inovolves following:
-How to enter data
-How to store infomation
-How to generate reports
How to take backups
Proper training leads to efficient working and maximum productivity