Impact of Accounting Information Systems on the Financial Performance of Firms

Managers who want to stay ahead of the competition in today's day of rapid technological advancement, heightened awareness, and demanding consumers and business owners cannot do it without an accounting information system. This study looks at how a company's bottom line may benefit from a new accounting information system. The major objective is to review the theoretical and empirical research that has been conducted on the topic of accounting information systems and their impact on a company's bottom line. According to the results, the financial consequences of accounting software have been largely ignored in prior studies examining the effect of accounting data on bottom lines. The bulk of studies that looked at this connection used a survey research strategy, and the great majority of those investigations took place in industrialized economies with widespread use of computerized accounting system approaches. According to the results of this literature review, additional investigation is required to fill up this information gap.