Term Paper on Accounting Information System

This term paper is prepared on Accounting Information System. Accounting Information System (AIS) is a methods of collection, storage and processing of financial and accounting data that is used by management. This system is very essential for a business policy. An accounting information system is generally a computer based method for tracking accounting activity in conjunction with information technology resources. The resulting statistical reports can be used internally by management by other interested parties including investors, creditors and tax authorities.