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What are some primary objectives of a manufacturing organization’s production process as it relates to Accounting...

What are some primary objectives of a manufacturing organization’s production process as it relates to Accounting Information Systems?

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Answer #1

Normally the primary objective of a manufacturing firm is to covert the raw materials into finished products

But in accordance with ACCOUNTING INFORMATION SYSTEM(A I S) the primary objectives of a concern is to

1-To provide useful data to all stakeholders as they are the interested parties of that organisation ie accounting act as an information system

2- To convert all data into useful information

3-To provide accurate,reliable, relevant information to all parties

4-To provide information which are benefited to auditors, tax professionals etc

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