Accounting information system – meaning

What are duties of internal auditor?

The accounting information system is the system which provides quantitative information about the effects of transactions and other events on accounting entity.

An accounting information system is generally a computer-based method for tracking accounting activities in conjunction with information technology resources. It combines the application of generally accepted accounting principles with the use of information technology resources. read more

What is meant by management accounting?

What is meant by management accounting?

Management accounting is the process of providing detailed information to the management of current and planned events. This information assists managers in their role of planning, controlling and making decisions. Usually, management accounts are available to internal users of accounting information.   read more