To better
understand the term ‘Accounting Information System’, the three words constitute AIS would be
elaborate separately. Firstly, literature documented that accounting could be identified into three
components, namely information system, “language of business” and source of financial information
(Wilkinson, 1993: 6-7). Secondly, information is a valuable data processing that provides a basis for
making decisions, taking action and fulfilling legal obligation. Finally, system is an integrated entity,
Accounting Information Systems (AIS) and Knowledge Management: A Case Study 37
where the framework is focused on a set of objectives.