Internal Information Flows

External Information Flows

To support the firm's day-to-day operation

To support management decision making

To support the stewardship function of management

Accounting Information System (AIS)

Management Information System (MIS)

Data Sourse

Data Collection

Data Processing

Database Management

Information Generation

Feedback

Relevance

Timeliness

Accurancy

Completeness

Summarization

Data Processing

System Development and Maintenance

Database Administration

Network Administration

Outsourcing the IT Function

System Users

System Designers

System Auditor