Citations of Advantages and Disadvantages of Accounting Information Systems

Trigo, A., Belfo, F., & Estebanez, R. (2014). Accounting Information Systems: The Challenge of the Real-time Reporting. Procedia Technology, 16, 118-127.

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The authors of this article acknowledge the extensive benefits offered by accounting information systems (AISs) by paying close attention to the capacity for real-time reporting offered by AIS. The article compares these benefits with traditional sporadic reporting and hypothesizes that the real-time reporting capacity of AIS addresses organizational needs for continuous updated information, thus enables management to tackle problems and systematically exploit opportunities. The authors further argue that AIS enables organizations to deal with growing competition by providing technological answers to business challenges.

Onaolapo, A. A., &Odetayo T. A. (2012).Effect of accounting information system on

organizational effectiveness: A case study of selected construction companies in Ibadan, Nigeria. American Journal of Business and Management, (4), 183-189.

In this article, the authors investigate how AIS impacts organizational effectiveness. In their research, the authors examine the impact of automated AIS in construction companies located in Nigeria. The research focuses on how AIS grants organizations a tool applicable not only to the finance department but the organization as a whole. The article points out that AIS is invaluable in enhancing the quality of financial reporting, thereby positively impacting financial and managerial decision-making. The findings presented in the article demonstrate that AIS is a critical resource for modern organizations seeking a competitive edge in this age of global technology expansion.

Guragai, B., Hunt, N., Neri, M., &Taylor, E. Z. (2015).Accounting information systems and

ethics research: Review, synthesis, and the future. Social Science Electronic Publishing, Incorporation.

This article considers the disadvantages posed by AIS, especially with regard to undermining accounting and management ethics. The authors argue that the swift development of technology allows for a progressively integrated accounting system that presents opportunities for managers, accountants, and other personnel that interact with the systems to work unethically. The authors further argue that the technological capacities offered by AIS pose to accountants, who are essentially managers of AIS and custodians of reports and records, serious ethical dilemmas, which without proper attention, can result in fraud. The article provides a framework for examining the functions of AIS in accounting and management from an ethics perspective.

Hall, J. A. (2015). Accounting information systems (8thed.) Boston: Cengage Learning.

The author of this book considers different elements of AIS and technologies associated with these systems. In this edition, Hall (2015) takes a look at the contemporary manufacturing environment and also emphasizes the ethical implications of AIS. In addition, the book considers the risks associated with using technologically advanced accounting systems. The author notes that the use of computerized systems of accounting exposes organizations to security threats such as electronic manipulation of reports and computer fraud, which can negatively affect the organizations operations. In addition, the author contends that another major drawback of AIS concerns the cost implications of reporting accounting information in real-time. However, the author hypothesizes that this drawback might be balanced by the effect of timely reports and statement of the cost of business capital. On the other hand, the book also considers the advantages of automated accounting systems, noting that AIS saves on time and resources employed in the creation and management of accounting reports. These savings cut the cost of accounting activities, thereby enhancing an organizations bottom line.

Kimmel, P. D., Weygandt, J. J., &Kieso, D. E. (2012).Accounting: Tools for business decision making (5th ed.). New Jersey: Wiley Global Education.

Throughout this book, the authors examine how accounting and accounting systems influence decision making in organizations. The authors discuss how financial statements and reports produced through AIS communicate different business activities such as investment and operations to benefactors of accounting information, thereby facilitating sound business decision making. The book further points out the advantage of regular reporting provided by AIS in enhancing information delivery for quick and sound decision making.

References

Guragai, B., Hunt, N., Neri, M., & Taylor, E. Z. (2015). Accounting information systems and

ethics research: Review, synthesis, and the future. Social Science Electronic Publishing, Incorporation.

Hall, J. A. (2015). Accounting information systems (8thed.). Boston: Cengage Learning.

Kimmel, P. D., Weygandt, J. J., &Kieso, D. E. (2012).Accounting: Tools for business decision

making (5th ed.). New Jersey: Wiley Global Education.

Onaolapo, A. A., &Odetayo T. A. (2012). Effect of accounting information system on

organizational effectiveness: A case study of selected construction companies in Ibadan, Nigeria.American Journal of Business and Management, (4), 183-189.

Trigo, A., Belfo, F., & Estebanez, R. (2014). Accounting Information Systems: The Challenge of the Real-time Reporting. Procedia Technology, 16, 118-127. http://dx.doi.org/10.1016/j.protcy.2014.10.075