A company may adopt specific computerized database system according to their unique needs after thorough MIS planning. However, it has to be noted that MIS if properly planned, and implemented, benefits can be immeasurable on the other hand, if this is misused, then it may mean information or financial losses and opportunity and resources wasted.
From this, answer the following.
1.0.a Research one international company from the Internet and describe their MIS strategic plan in 1-2 paragraphs.
1.0.b Discuss too the impact of this strategic plan on the company's management,
competitors, customers and the company as a whole.
2.0.a Evaluate how can this strategic plan be applied to any local company in the Philippines.
2.0.b Discuss too the possible effect on the company.
3.0.a What is an Accounting Information System?
Answer:Accounting Information System is the system of records of business keeps to maintain its accounting system.This includes of sales,purchase and other financial processes of business.The purpose of AIS is to accumulate data and provide decision makers(investors,creditors,and managers)with information.
3.0.b Identify or list down different accounting information systems used.
Answer:AIS used as the backbone accounting transaction processing to sophisticated financial management planning and processing system.
3.0.c What are the benefits by the management, users and customers derived from these AIS?
Answer:AIS provide efficient delivery of information needed to perform necessary accounting work and to assist in delivery of accurate and informative data to users,especially those who are not familiar with the accounting and financial reporting areas itself.Provide users the financial information necessary to manage their organization.
3.0.d Cite any threat or misuse of these AIS by a specific company. How were the threats addressed? What were the damages?
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