1. Accountants play several roles in information systems including users, designers, and auditors. As users, they must communicate their needs to systems designers. As designers, they are responsible for the conceptual system which determines information requirements and accounting rules. As auditors, they evaluate information systems internally and externally. 2. An accounting information system (AIS) processes financial and some non-financial transactions to produce financial statements and reports. It captures data from internal and external sources and transforms it into useful information through collection, processing, management, and generation functions. 3. A well-designed AIS provides relevant, timely, accurate, and complete information to support management decision making and day-to-day operations. It