ACCOUNTING INFORMATION SYSTEM QUALITY AND MANAGEMENT INFORMATION SYSTEMS INTEGRATION: A PATHWAY TO ENHANCED FINANCIAL RISK MANAGEMENT

Md Zillul Karim

doi:10.61796/ijecep.v3i1.97

Authors

Md Zillul Karim
[email protected]
Stamford University, Bangladesh

Vol. 3 No. 1 (2026): Journal of Economics and Economic Policy

Articles

December 20, 2025

Downloads

View Article

Abstract
How to Cite
Metrics
References
License

Objective: This study aims to examine the integration of Accounting Information Systems (AIS), Management Information Systems (MIS), and Financial Risk Management (FRM) into a unified dashboard to enhance financial reporting accuracy, operational efficiency, and strategic decision-making in complex organizational environments. Method: The study adopts a conceptual and analytical review approach by synthesizing relevant literature on information systems integration, financial risk management frameworks, enterprise architectures, and emerging digital technologies. Key themes related to system interoperability, real-time reporting, predictive analytics, and governance mechanisms are systematically analyzed to develop an integrated conceptual framework. Results: The findings indicate that AIS–MIS–FRM integration enables consistent data flow, real-time financial insights, and early warning mechanisms for liquidity and market risks, thereby supporting proactive monitoring and regulatory compliance. The use of integration architectures such as Service-Oriented Architecture (SOA) and Enterprise Service Bus (ESB), along with artificial intelligence (AI), machine learning (ML), and Risk Management Information Systems (RMIS), significantly enhances risk prediction and decision quality. System quality, information reliability, and professional expertise of accountants emerge as critical success factors. Novelty: This study contributes by presenting a holistic dashboard-based integration model that aligns technology, governance, and data intelligence to transform traditional financial management into a proactive, data-driven, and strategically adaptive system.

Karim, M. Z. (2025). ACCOUNTING INFORMATION SYSTEM QUALITY AND MANAGEMENT INFORMATION SYSTEMS INTEGRATION: A PATHWAY TO ENHANCED FINANCIAL RISK MANAGEMENT. Journal of Economic and Economic Policy, 3(1), 128–142. https://doi.org/10.61796/ijecep.v3i1.97

Download Citation

E. Bombiak and A. Marciniuk-Kluska, “Green human resource management as a tool for the sustainable development of enterprises: Polish young company experience,” Sustainability, vol. 10, no. 6, Art. no. 1739, 2018, doi: 10.3390/su10061739.

M. Sharfuddin and S. K. Papia, “Management information systems driven green marketing intelligence for sustainable consumer engagement,” J. Primeasia, vol. 4, no. 1, pp. 1–7, 2023, doi: 10.25163/primeasia.4110496.

M. F. Izzo, M. Ciaburri, and R. Tiscini, “The challenge of sustainable development goal reporting: The first evidence from Italian listed companies,” Sustainability, vol. 12, no. 8, Art. no. 3494, 2020, doi: 10.3390/su12083494.

M. R. Islam, A. K. Manica, M. F. Akter, M. A. B. Siddique, and Md. S. R. Tufael, “In silico drug-likeness and safety profiling of tinosporaside: A natural alternative to celecoxib for COX-2 inhibition,” J. Primeasia, vol. 4, no. 1, pp. 1–11, 2023, doi: 10.25163/primeasia.4110434.

J. Elkington, “Partnerships from cannibals with forks: The triple bottom line of 21st-century business,” Environ. Qual. Manag., vol. 8, no. 1, pp. 37–51, 1998, doi: 10.1002/tqem.3310080106.

M. Akter and M. R. Haque, “Optimizing risk assessment frameworks to support sustainable economic development in the United States,” J. Primeasia, vol. 4, no. 1, pp. 1–7, 2023, doi: 10.25163/primeasia.4110433.

G. I. Broman and K.-H. Robèrt, “A framework for strategic sustainable development,” J. Clean. Prod., vol. 140, pp. 17–31, 2017, doi: 10.1016/j.jclepro.2015.10.121.

B. S. Silvestre and D. M. Ţîrcă, “Innovations for sustainable development: Moving toward a sustainable future,” J. Clean. Prod., vol. 208, pp. 325–332, 2019, doi: 10.1016/j.jclepro.2018.09.244.

Md. S. R. Tufael et al., “Impact and challenges of digital marketing in health care during the COVID-19 pandemic,” J. Primeasia, vol. 4, no. 1, pp. 1–4, 2023, doi: 10.25163/primeasia.419756.

M. R. Haque and M. Akter, “Crisis prevention and early-warning systems in financial risk management for U.S. market stability,” J. Primeasia, vol. 4, no. 1, pp. 1–8, 2023, doi: 10.25163/primeasia.4110489.

L. Dagiliene and K. Šutiene, “Corporate sustainability accounting information systems: A contingency-based approach,” Sustain. Account. Manag. Policy J., vol. 10, no. 2, pp. 260–289, 2019, doi: 10.1108/SAMPJ-07-2018-0200.

T. D. Wilmshurst and G. R. Frost, “The role of accounting and the accountant in the environmental management system,” Bus. Strategy Environ., vol. 10, no. 3, pp. 135–147, 2001, doi: 10.1002/bse.283.

A. R. Sunny Tufael et al., “Artificial intelligence in addressing cost, efficiency, and access challenges in healthcare,” J. Primeasia, vol. 4, no. 1, pp. 1–5, 2023, doi: 10.25163/primeasia.419798.

J. Dillard, K. Yuthas, and L. Baudot, “Dialogic framing of accounting information systems in social and environmental accounting domains: Lessons from, and for, microfinance,” Int. J. Account. Inf. Syst., vol. 23, pp. 14–27, 2016, doi: 10.1016/j.accinf.2016.10.001.

M. J. Diba, “Integrating artificial intelligence into sustainability and ESG accounting: Enhancing environmental and social performance,” Appl. IT Eng., vol. 1, no. 1, pp. 1–8, 2023, doi: 10.25163/engineering.1110490.

W. H. DeLone and E. R. McLean, “The DeLone and McLean model of information systems success: A ten-year update,” J. Manag. Inf. Syst., vol. 19, no. 4, pp. 9–30, 2003, doi: 10.1080/07421222.2003.11045748.

S. N. Islam, A. Biswas, and A. K. Chowdhury, “AI-enabled cyber-physical power systems: Review of smart grid security, optimization, and decision support,” Appl. IT Eng., vol. 1, no. 1, pp. 1–9, 2023, doi: 10.25163/engineering.1110396.

A. Kwarteng and F. Aveh, “Empirical examination of organizational culture on accounting information system and corporate performance: Evidence from a developing country perspective,” Meditari Account. Res., vol. 26, no. 4, pp. 675–698, 2018, doi: 10.1108/MEDAR-01-2018-0264.

L. Latifah, D. Setiawan, Y. A. Aryani, and R. Rahmawati, “Business strategy–MSMEs' performance relationship: Innovation and accounting information system as mediators,” J. Small Bus. Enterp. Dev., vol. 28, no. 1, pp. 1–21, 2021, doi: 10.1108/JSBED-04-2019-0116.

S. N. Islam and A. Biswas, “Artificial intelligence for critical power infrastructure: Challenges and opportunities,” Appl. IT Eng., vol. 1, no. 1, pp. 1–9, 2023, doi: 10.25163/engineering.1110397.

A. Lutfi, A. L. Al-Khasawneh, M. A. Almaiah, A. Alsyouf, and M. Alrawad, “Business sustainability of small and medium enterprises during the COVID-19 pandemic: The role of AIS implementation,” Sustainability, vol. 14, no. 9, Art. no. 5362, 2022, doi: 10.3390/su14095362.

M. J. Diba and F. Zannat, “The artificial intelligence era’s evident effect on accounting careers and skills,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–9, 2023, doi: 10.25163/business.1110390.

A. S. Al-Matari, R. Amiruddin, K. A. Aziz, and M. A. Al-Sharafi, “The impact of dynamic accounting information system on organizational resilience: The mediating role of business processes capabilities,” Sustainability, vol. 14, no. 9, Art. no. 4967, 2022, doi: 10.3390/su14094967.

N. Chowdhury, M. S. Mia, M. I. Hossain, S. K. Papia, and S. Nashid, “Integrating business analytics into public health management: A data-driven approach,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–7, 2023, doi: 10.25163/business.1110346.

A. P. Monteiro, J. Vale, E. Leite, M. Lis, and J. Kurowska-Pysz, “The impact of information systems and non-financial information on company success,” Int. J. Account. Inf. Syst., vol. 45, Art. no. 100557, 2022, doi: 10.1016/j.accinf.2022.100557.

F. Rahman, S. Nashid, I. Jahan, A. Islam, S. K. Papia, and A. Akhir, “Advancing consumer behaviour through AI: A data-driven perspective on online scam prevention and trust building,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–8, 2023, doi: 10.25163/business.1110375.

A. Faccia and P. Petratos, “Blockchain, enterprise resource planning (ERP) and accounting information systems (AIS): Research on e-procurement and system integration,” Appl. Sci., vol. 11, no. 15, Art. no. 6792, 2021, doi: 10.3390/app11156792.

M. R. Haque and M. N. M. Khan, “Strategic integration of big data analytics to enhance risk management, sustainable supply chains, and business competitiveness in the United States,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–7, 2023, doi: 10.25163/business.1110498.

H. C. Alewine, C. D. Allport, and W.-C. M. Shen, “How measurement framing and accounting information system evaluation mode influence environmental performance judgments,” Int. J. Account. Inf. Syst., vol. 23, pp. 28–44, 2016, doi: 10.1016/j.accinf.2016.10.002.

N. Imtiaz and M. Z. Karim, “Embracing data-driven process optimization to highly transform instructional administration in higher education institutions,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–8, 2023, doi: 10.25163/business.1110399.

M. Kopel, C. Riegler, and G. Schneider, “Providing managerial accounting information in the presence of a supplier,” Eur. Account. Rev., vol. 29, no. 4, pp. 803–823, 2020, doi: 10.1080/09638180.2019.1694955.

A. Biswas, M. N. Khan, and K. Begum, “Optimizing cloud-based data management for healthcare systems using intelligent superiority computing,” Pathfinder Res., vol. 1, no. 3, pp. 49–62, Dec. 2023, doi: 10.69937/pf.por.3.1.80.

J. McCallig, A. Robb, and F. Rohde, “Establishing the representational faithfulness of financial accounting information using multiparty security, network analysis and a blockchain,” Int. J. Account. Inf. Syst., vol. 33, pp. 47–58, 2019, doi: 10.1016/j.accinf.2019.03.004.

P. Choudhury and M. Sharfuddin, “Management information systems in contemporary business: Prospects, strategic advantages, and future challenges,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–7, 2023, doi: 10.25163/business.1110509.

S. Nashid, S. K. Papia, N. Chowdhury, M. S. Mia, and M. I. Hossain, “Advanced business analytics in healthcare: Enhancing clinical decision support and operational efficiency,” Bus. Soc. Sci., vol. 1, no. 1, pp. 1–8, 2023, doi: 10.25163/business.1110345.

H. Mahama, M. Z. Elbashir, S. G. Sutton, and V. Arnold, “A further interpretation of the relational agency of information systems: A research note,” Int. J. Account. Inf. Syst., vol. 20, pp. 16–25, 2016, doi: 10.1016/j.accinf.2016.01.002.

A. M. Qatawneh, “The role of employee empowerment in supporting accounting information systems outcomes: A mediated model,” Sustainability, vol. 15, no. 9, Art. no. 7155, 2023, doi: 10.3390/su15097155.

A. Faccia and P. Petratos, “Blockchain, enterprise resource planning (ERP) and accounting information systems (AIS): Research on e-procurement and system integration,” Appl. Sci., vol. 11, no. 15, Art. no. 6792, 2021, doi: 10.3390/app11156792.

C.-S. Kuo and C.-C. Hsu, “Continuance intention to use and perceived net benefits as perceived by streaming platform users: An application of the updated IS success model,” Behav. Sci., vol. 12, no. 4, Art. no. 124, 2022, doi: 10.3390/bs12040124.