Critically evaluate the purpose and role of accounting information systems in today’s business environment. Appraise the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place.
Accounting Information System (AIS) refers to a significant procedure in terms of collecting, storing, and processing accounting, as well as financial data. AIS helps to produce effective and reliable informational reports that managers or organisational authorities can incorporate to make beneficial decisions.
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