Accounting information system is one of the basic things that a business must think about.The accounting Information System (AIS) is a computer based system of records, which amalgamate accounting principles and concepts which is used to examine and record business transaction for the purpose to prepare financial statement and provide accounting data to the users. The developments in accounting information technologies, together with globalization, have produced such concepts as “new economy”, “e-commerce” and “new accounting”. These developments have helped in saving time and money and also reduced the costs by accelerating transactions and communication. These above-mentioned developments and changes in accounting information system, applications and profession inevitable have lead to a change in the demands of the society and the expectations of the members of accounting profession are increasing.