Implementation of Accounting Information System

Today, most organization has it own accounting information system (AIS). Accounting activities has become more computerized towards paperless accounting. Implementing AIS will no longer deliver competitive advantage over its rival as accounting software is readily available in the market at affordable price. However, higher total cost of ownership (TOC) incurred during the implementation stage due to its business nature, complexity of business process, customization, changing of needs has prolonged the system to go on live as projected. This has emerged as a major concern to the management and the feasibility of the project. As such many organizations suffer great losses for not taking the implementation stage seriously ended with lack of audit ability and control, non compliance with local statutory requirement, irrelevant reports, continuous reversion, and over budget limit. This paper aims to study the methodologies and major problem confronting during the implementation of AIS in order to ensure the company operates within their TOC and time-line. A literature review of journals by leading researchers in the field aims to understand the critical success factors (CSFs) and the implementation methodologies that are being used. In the concluding research, an alternative implementation methodology is examined in addressing the concern of implementing AIS over its TOC and to achieve higher successful rate in order to create short-term competitive advantage.