- If AIS are so vital to business success, why do so many businesses have problems in this area?
- What kind of obstacles would you expect to have in communications between IT developers and accountants regarding development or improvement of the accounting information system?
- What potential challenges are posed by sharing information between organizations?
Solution Preview
STEP 1
- If AIS are so vital to business success, why do so many businesses have problems in this area?
· So many businesses have problems in this area because:
· Accounting and finance personnel are familiar with traditional accounting controls and methods and as such are not trained in modern information technology.
· The businesses are not able to successfully integrate information technology for designing, implementation and monitoring of information.
· The input and output devices require specialized training. The financial accounting staff does not have such training.
· The business top management is not comfortable with the financial reports generated by electronic accounting information systems.
· The businesses are faced with security and secrecy problems while using electronic information systems.
· The businesses that are familiar with the earlier manual process do not trust the …
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