Accounting and Information Systems.
Abstract This article presents an overview of the report of the Committee on Information System of the American Accounting Association. Accounting may be considered as a system with its own set of goals, activities, and resources or it may be considered as a subpart of the firm's information system. To considerable extent, developments in information and management theory and technology are making the boundaries between what is and what is not accounting increasingly dim. The Committee believes that two major developments have occurred in the information function. The first is the formalization of the information processes in many parts of the organization. Where before, informal department or process oriented records were kept, formally specified subsystems have been established which draw heavily upon developments in digital computer equipment, transmission facilities, information processing technology, and management science. These subsystems in turn are increasingly coordinated and developed as integrated parts of a common, total formal information system made possible by the second major development--the stored program digital computer. These two interrelated developments are changing the information and accounting functions.
- DOI
- 10.2308/tar-4482107
- Volume
- 46 (4)
- Pages
- 287-350
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref