Components of Accounting Information System

The different components that are both required as well as used in Accounting Information System include Budgeting and Planning, Expense Management, Revenue Management, Cash and Treasury Management, Accounting Software, Electronic Banking, Activity-based Management, Payroll etc.
Adopting the AIS and the systematic information system structure will help a company to improve its operations. , address the issues that it is facing, and align and simplify its working. With the adoption of IT in its infrastructure, a company can align different activities across its service centers starting from operations and moving on to customer information, accounting and human resource activities.
Computerized accounting and information system has been known to greatly influence the performance of an organization as well as that of its accountant. The performance of the company as well as that of the organization has greatly been affected by the computerized system of accounting. As discovered through one of the interviews, computerized systems have greatly helped in the analyzing and studying of data.
With the adoption of the AIS, the efficiency a well as the performance of accountants have increased considerably. Other departments too have benefited from its use.