Unit VIII: Accounting Information System and the Use of Computers in Accounting | BCA 2nd Semester Financial Accounting I Notes Pdf

An Information System is an organized combination of people, hardware, software, communication networks, and the data resources that collect, transform, and disseminate information in an organization.

An accounting information system (AIS) is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors and regulatory and tax agencies.

In particular, specially trained accountants work with AIS to ensure the highest level of accuracy in a company's financial transactions and recordkeeping and to make financial data easily available to those who legitimately need access to it, all while keeping data intact and secure. This article will describe the primary components of AIS and some of its real-life applications.

In this “Accounting Information System and the Use of Computers in Accounting – Financial Accounting – I” you will learn about the following topics:

1. Accounting Information System (AIS) in Modern Business Organization
2. Components of an Accounting Information System
3. People, Procedure and Instructions, Data, Software, Information Technology Infrastructure, Internal Controls
4. Role/ Importance /Significance of Computers in Accounting
5. Recording Accounting Transactions
6. Source Documents
7. The Journal
8. The General Journal
9. The General Ledger
10. Subsidiary Ledgers
11. Trial Balance
12. Computerized Accounting
13. Presenting the financial statements received from the accounting package
14. Retrieving Various reports from the system

==== Point to Note ====

If you like to contribute, you can mail us BCA Notes, BCA Question Collections, BCA Related Information, and Latest Technology Information at [email protected].

See your article appearing on BCA Notes (Pokhara University) main page with your designation and help other BCA Students to excel.

Please write comments if you find anything incorrect, or you want to share more information about the topic discussed above.

BCA 2nd Semester Financial Accounting I Notes Pdf:

• Unit I: Introduction of Financial Accounting
• Unit II: Recording, Handling, and Summarizing the Accounting Information
• Unit III: Income Statement in Financial Accounting
• Unit IV: Balance Sheet in Financial Accounting
• Unit V: Accounting Worksheet in Financial Accounting
• Unit VI: Statements of Cash Flow in Financial Accounting
• Unit VII: Concepts of Annual Report in Financial Accounting