Accounting Information Systems as a Support to Financial Reporting of Companies

With the help of accounting information systems, we established the basis of the information system for financial reporting, i.e. informing of external and internal users. Having in mind the continuous development of information systems, leading to the improvement of accounting information systems’ role, this paper aims at identifying and presenting the development of one of frequently asked questions in research that refer to accounting information systems, i.e. financial reporting. A series of issues regarding the financial reporting, starting from the manner of reporting, volume of information provided, purpose of information usage etc., can be observed in the context of accounting information systems, which is pointed out by this paper.