Pro-Argument 1

The advances made in computer technology during the past several decades have had a
significant impact on how accounting systems process financial transactions. One implication of
these advances is that users have more timely, detailed financial and operational information
about an entity. Users no longer need to wait until the publication of quarterly or annual financial
statements in order to assess performance. Interested parties no longer have to wait until
historical financial statements are published (Helms, 2002).
According to Marshall B. Romney and Paul John Steinbart, accounting information
system adds value to an organization by providing accurate and timely information so that
primary value chain activities in business can be performed more effectively and efficiently.
Business decision-making requires availability of the necessary information on a timely basis.
Therefore, companies instantaneously and accurately record all events by the use of new
techniques in the collection, processing, storage and use of information. In this regard, it is
necessary to create some prerequisites for the successful design, construction and
implementation of integrated information systems, which are based on the use of informationcommunication technology
The Internet economy also promises to enable CPAs to provide businesses with the right
financial information presented at the right time. Continuous reporting means online real-time
records of cash, sales, accounts payable, accounts receivable, profits, even inventories. Clients
have real-time access to their financial data anywhere, anytime. With a laptop and a Web
browser, the small business owner or company officer can get daily snapshot reports of
financial performance. These five-minute numbers enable smart, timely business decisions
(Truby, 2002)

Pro-Argument 2
Dependence on information technology is a fact of life for todays businesses.
Information systems are the engine behind key internal functions such as human resources,
payroll, and accounting. To many outsiders whose only contact with a company may be
electronic, the information systems may even be the company in the sense that the systems
quality and accuracy differentiate the company in the marketplaceand damage the companys
reputation when they prove unreliable. Recognizing this fact, companies have invested in their
information systems, making them into a key asset. Currently, there are different accounting
information system that are helpful for the daily business and company activities such as
WebTrust (the only comprehensive e-commerce seal that uses independent verification to
prevent online fraud and privacy infringements). These systems provides assurance that services
or products are provided to customers as requested; information on the condition of goods; a
timeframe for transactions; payment and delivery terms; and a means of canceling orders or
receiving customer support and service.
According to Rush, computerized accounting has the advantage of highest accuracy when
compared with manual accounting according to the college coach. The potential for human error
is greater when employees are manually completing accounting procedures. This may be
particularly true when dealing with multiple currencies, since computerized programs can
instantly convert exchange rates according to Guide to Computerizing Your Accounting
System from the Managers Electronic Resource Center. Ensuring data accuracy is also
paramount to successful financial management (France, 2013). Manual processes are errorprone, time-consuming and needlessly expensive.

Pro-Argument 3
Analysis of research made by Awais et al. (2012) showed that over the past few decades,
companies all over the world started to notice a great need for information systems in the
business field. It was hardy possible to ignore the significance of benefits and a possibility to
increase business performance through such an investment. It was quickly observed that an IS
can help a business to save money, increase the competitive advantage and improve performance,
thus creating more profits. According to Merkuryev and Tambovcevs (2009), investments in
design and implementation of information systems might be an especially important strategy for
a company. This could help achieving competitive advantage and improving the quality of
rendered service as well as increasing performance in relation to the strategy of the company.
According to an article entitled Improve Profitability through information technology
which emphasizes the use of AIS,
Information technology can be an effective way to make your company
more productive and profitable. Whether it's integrating your processes,
enhancing your marketing abilities with a customer database, better managing
receivables or improving supply chain management, the right technology can
dramatically improve how you run your business. Although it sometimes requires
a significant investment, the long-term advantages usually far outweigh the initial
costs.
If the accounts side of your enterprise is well taken care of, youll be able to plan your
business better. When a business owner is making plans for improving the performance of a
company, his or her main goal is usually to increase profits. One of the best places to start is with

the finances of the company. The following information can help you steer your company
towards better profits. Keeping an eye on your businesss finances is very important. With an
effective accounting system in place, youll be able to pick up any problems early and ensure that
you only have accurate information about your companys financial situation. You can then gage
the performance of your enterprise using real money and not perceived notions such as the
number of customers that enter your store on a daily basis (.
One of the most effective ways of monitoring how well or badly your business is
performing is by comparing previous and current figures. Accounting software packages from
QuickBooks can help you gather this information and present it in a manner that is easy to
understand and compare. The patterns shown can give you an idea of which areas saw
improvements in profits and what may have caused this increase. You can then find ways of
producing similar results in other areas as well as improve on already performing areas.