management accounting

PERFORMANCE OF FICO MODULES OF ERP SYSTEM - SOME EMPIRICAL EVIDENCE FROM INDIAN MANUFACTURING FIRMS

The purpose of Accounting Information System (AIS) is to provide relevant and timely information for effective decision making by users of information.  In today’s information era, where most of the organizations work in Enterprise Resource planning (ERP) system environment, they implement their Accounting Information System through Financial Accounting (FI) and Cost Accounting (CO) modules, forming part of ERP system. ERP system is a management system meant to improve efficiency, agility, and profitability of business organizations in globally competitive world.