Accounting Information Systems (AIS)
Accounting glossary · Understand, connect, apply
An accounting information system (AIS) is the people, procedures, data, controls and technology used to collect, process and report accounting information.
Example
A sales system captures invoices, updates receivables and transfers transaction data into the general ledger.
Remember the difference
An AIS can include manual steps. It is broader than a software package and needs reliable controls and data.
Examples are simplified for learning. Where a term depends on US law, IFRS, US GAAP or a historical rule, check the context explained above and the requirements relevant to your course.
Study references: OpenStax financial accounting and managerial accounting. For reporting requirements, consult the applicable IFRS Standards or FASB guidance. US tax terms should be checked against the relevant tax-year IRS instructions.
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