Accounting and Management Information Systems

Accounting information systems fulfil the purpose of recording the business transactions over time according to the legal accounting requirements. Management information systems provide the information and mechanisms that are needed to manage the enterprise in different management domains. The primary research objective of this article is the specification of the relevant concepts underlying both information systems and their integration in a comprehensive framework. The resulting framework shows the economic and managerial requirements for integrated accounting-based management information systems and it can be used for a semantic design of such systems.