http://www.accountinginformationsystems.org/ – An accounting information system (AIS) is a collection of interrelated parts, some of which may incorporate information technology. Its purpose is to collect data, process it into information, and report the information so it can be used by internal and external decision makers.
Discuss why AIS is an important area of study for future accountants. AIS is important because it cuts across traditional functional lines in accounting. It provides the “big picture” and allows students to develop their critical-thinking and problem-solving skills.
Compare and contrast AIS with other areas of study in accounting. AIS is like other areas of accounting in that it includes consideration of financial statements and internal reports. It is different, though, from other parts of accounting. AIS typically includes more open-ended problems that do not have deterministic responses. It also cuts across traditional accounting subdivisions (financial, managerial, and the like) and incorporates material from disciplines outside accounting (such as management and information systems).