IMPACT ON FINANCIAL PERFORMANCE OF ACCOUNTING INFORMATION SYSTEM

An accounting information system is a system of collecting, storing and processing financial and accounting data that are used by decision makers. The resulting financial reports can be used internally by management or externally by other interested parties including investors, creditors and tax authorities. Accounting information system is a system to record information about transactions and events for business conduct, planning and monitoring. Most studies are related to the result that the accounting information system affects on the nature of the entity s report and its performance. erefore, the study aims to investigate the relationship between accounting information system and nancial performance of enterprises.Our study is based on the questionnaire from management and accountants for20small and medium enterprises companies conducting business in Mongolia. As a result of the survey, the nancial performance of most rms was measured by return on investment. e result is proved that the nancial statements, the accounting information system has a signi cant impact on investment returns.