ACCOUNTING INFORMATION SYSTEMS
Updated 165 days ago
Accounting information systems offers value and is a very important part of the value chain. Although "adding value" is a commonly used buzzword, in its genuine sense, it means making the value of the finished component greater than the sum of its parts. It can mean, making it faster, making it more reliable, providing better service or advice, providing something in limited supply, providing enhanced features or customizing it. Value is provided by performing a series of activities referred to as the value chain which includes primary activities and support activities. These activities are sometimes referred to as "line" and "staff" activities respectively... Accounting information systems are the structures and architecture on which accounting information is captured, processed and reported. They happen to be computer-oriented in this day and age. To understand and create useful systems you must understand business, business processes, accounting, and a bit of technology.....