Editing Accounting information system (section)

{{Short description|System of collecting, storing and processing financial and accounting data}}
{{Accounting}}
An '''accounting information system''' (AIS) is a system of collecting, [[information storage|storing]] and processing financial and [[accounting]] data that are used by [[decision maker]]s. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting financial [[report]]s can be used internally by management or externally by other interested parties including [[investor]]s, [[creditor]]s and tax authorities. Accounting information systems are designed to support all accounting functions and activities including [[auditing]], [[financial accounting]] porting, -managerial/ [[management accounting]] and [[tax]].  The most widely adopted  accounting  information systems are auditing and financial reporting modules.