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What is the role of government to users of accounting information?
Wiki User
∙ 14y ago
The government attempts to make the financial records produced by the use of various accounting systems homogenous, so that the ability to compare numbers between companies and industries is not lost.
Unfortunately this is more beneficial to the government for the purposes of tax collection and enforcement than it is to the users, as each business has its own idiosyncracies that can skew comparability unless they are taken into account by the user.
Wiki User
∙ 14y ago
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hey its a beautiful question arises in most of the minds nowadays information system plays vital role in finance department. To make the jobs simpler a new technology has been introduced which is called AIS. AIS is mostly used in all finance departments. Accounting Information Systems (AISs) combine the study and practice of accounting with the design, implementation, and monitoring of information systems. Such systems use modern information technology resources together with traditional accounting controls and methods to provide users the financial information necessary to manage their organizations. If you would like to know more about AIS refer to http://www.writequery.blogspot.com If you need anymore information about this you can write to writequery@gmail.com
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