Purpose of accounting software

Accounting Information System is a accounting software that an accounting entity uses to accumulate, keep, manipulate, manner, retrieve and file its monetary information for use by means of specialists, business analysts, accountants, managers, auditors, leader financial officers, tax and regulatory groups. The AIS consists of six fundamental components along with people, records, software program, internal controls, procedures and instructions and records technology structure. The AIS has been made to satisfy the needs of the individuals who might be the use of it. The AIS procedure and suggestions are each manually automated; the facts comes from outside sources consisting of customers order and inner resources, which includes employees. There’s a database structure called sq. that lets in garage of facts. The enterprise makes use of Microsoft Dynamics GP software component of AIS to store, retrieve, and process and analyze company’s financial data. To operate the AIS, the hardware used includes printers, surge protectors, routers, storage media and personal computers and a backup power supply. The devices used for the business are compatible with the software.
The AIS has internal controls for protection against unauthorized access to the computers and to ensure a limit of access to also the authorized users even inside the company (Ancini, Vaassen, & Ameri, 2014). It also prevents illegal files access by individuals who are allowed access only to some parts of the AIS system. The internal controls of the AIS, protect the computers from hackers, viruses and the internal and external threats to network security. The internal control structure of the business AIS is security measure contained there to ensure protection to sensitive data. The system is developed fully with multiple biometric identifications, and all data is encrypted, with the access into the system logged and surveilled. It is protected from natural disasters and power failures to ensure no loss of data caused. As a manager, I would not allow a lot of changes in the internal control system since sophisticated.
M Ancini, D. A. A., Vaassen, E. H., & D Ameri, R. A. A. (2014). Accounting information systems for decision making. Springer.
Rahman, K. Z. (2016). Accounting Information System as a Strategic Decision Making Tool in Banking Sector: Evidence from Bangladesh. Asian Business Review, 6(2), 79-84.

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