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AIS (Accounting Information Systems)

An Accounting Information System (AIS) is a structured process that collects, stores, and analyzes financial data for a business. It integrates financial transactions, reports, and controls to help managers make informed decisions, ensure accuracy, and maintain compliance. Essentially, it combines technology and processes to automate tasks like invoicing, payroll, and financial reporting, increasing efficiency and reducing errors. AIS provides a clear overview of a company’s financial health, supporting better planning, auditing, and overall management of resources.