We have great pleasure in presenting First edition “Accounting Information System” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to pro vide the students with thorough understanding of Accounting Information System. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Unit – 1 Introduction to Accounting Information Systems
Introduction
Meaning of AIS
Need for AIS
Scope of AIS
Components of AIS
People
Processes
Technology
Role of AIS in Business Decision-Making
Internal Controls in AIS
Fraud Prevention
Risk Management
Review Questions
Unit – 2 E-Business
Introduction to E-Business & E-Commerce
Types of E-Commerce
B2B
B2C
C2C
C2B
P2P
E-Commerce Business Models and Revenue Streams
Advantages of E-Commerce
Disadvantages of E-Commerce
ERP Systems and their Role in AIS
Review Questions
Unit – 3 Getting Started with Tally
Introduction to Tally Prime:
Features of Tally Prime
Advantages of Tally Prime
Installation of Tally Prime
System Requirements
Company Creation and Configuration
Basic Ledger & Group Creation
Recording and Managing Transactions
Review Questions
Unit – 4 Advanced Features in Tally
Introduction
Voucher Entry
Types of Vouchers
Bank Reconciliation
GST Accounting in Tally
Inventory Management in Tally
Generating Financial Reports:
Trial Balance
Balance Sheet
P&L Account
Security Features
Data Backup in Tally
Review Questions
Unit – 5 Reports & Analysis in Tally
Introduction
Configuring
Printing Financial Reports
Customizing
Exporting Reports
Profit & Loss Analysis
Cash Flow
Fund Flow Statements
MIS Reports in Tally for Decision-Making
Emerging Trends in AIS- Cloud-Based Accounting
AI & Blockchain in Accounting
Review Questions
