accounting information system (AIS)


A system, typically computer-based, used for storing, collecting, and analyzing a company's financial and accounting data. Accounting information systems are generally used by executives to make decisions, develop company strategies, and generate reports for shareholders, internal personnel, and regulatory agencies. Accounting information systems also streamline accounting cycles and reduce the incidence of accounting errors.

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You should try to make sure that you have a good accounting information system in place so that people can work quickly.

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The company had an excellent accounting information system, allowing them to easily manage the finances of all the various departments.

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The accounting information system was an excellent use of the systems resources as all of the company's financial records were stored and organized well.

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