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Information Needs for the AIS - Case Study Example

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One of the misinformation in accounting management is that technological change in the manufacturing of services and goods has to be preceded by the respective management accounting change. Currently, an obvious fact is that many changes in the manufacturing technology in many…
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Information Needs for the AIS
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Download file to see previous pages However, changes in the technology of production in a company may necessarily not need be preceded by a change managing of information systems concerning accounting management. Importantly any firm seeking to undertake a change in accounting management systems has to evaluate critically evaluate and settle on an alternative that best solves the problems at hand (Allahyari & Ramazani, 2011). The reason is that the management accounting systems (MAS) conditions depend on the degree to which the causes of change are known to the organization as well as their indicators. Therefore, any hurried change in accounting management in response to technological changes in the manufacturing department could have a serious security risk to an extent of comprising the integrity and security of any data involved in the accounting management
2. The second misinformation is that new information technology guarantees improved accounting management in a company. While IT is a critical tool in accounting management in many firms purchasing and installation of systems and personnel to implement, IT strategies might not be enough to a company. This is because, the integrity of the systems and process depend on those operating the systems and the value that these systems have to the organization in question (De Marco et al., 2012). For instance, there is a high dependency on the ethics and personal responsibility in ensuring effective use of IT systems, a factor that has to be considered in rolling out such systems. For a firm to benefit fully from IT facilities and services in accounting there has to be effective IT governance, proper information system strategies, vision, IT strategic alignment to the strategic vision and mission of the organization (De Marco et al., 2012).
3. Cybercrimes and cyber-attacks are commons resources that only require government intervention to solve. The increasing cases of cyber-attacks in accounting departments and have led industry players to call ...Download file to see next pagesRead More
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