Abstract The article presents the text of the report of the American Accounting Association Committee on management information systems. Computer-based systems are widely used in business, health care, public agencies, and other large organizations for the purpose of accumulating, processing, summarizing, and transmitting information. The technological developments and advancements of the past decade have revolutionized the scope and content of computer-based systems. As the computer-based system increases in size, complexity, and integration, the total operations of the organization become more dependent on the information system. The capital investment and human resources required for making major changes in the system become even more extensive. After a particular information system has been implemented, performance and statistical data can be accumulated concerning various facets of the organization's operations. With this information, improved and revised information systems can be designed which will permit the attainment of even higher levels of efficiency and effectiveness.
A Wed, study studied this question.