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===Information systems=== {{main article|Accounting information system}} An accounting information system is a part of an organization's [[information system]] used for processing accounting data.<ref name=OpenLearn>{{cite web|title=1.2 Accounting information systems|url=http://labspace.open.ac.uk/mod/resource/view.php?id=365833|work=Introduction to the context of accounting|publisher=OpenLearn|access-date=3 February 2014}}</ref> Many corporations use artificial intelligence-based information systems. The banking and finance industry uses AI in fraud detection. The retail industry uses AI for customer services. AI is also used in the cybersecurity industry. It involves computer hardware and software systems using statistics and modeling.<ref>{{cite journal|last1=Pathak|first1=Jagdish|last2=Lind|first2=Mary R.|title=Audit Risk, Complex Technology, and Auditing Processes|journal=EDPACS|date=November 2003|volume=31|issue=5|pages=1β9|doi=10.1201/1079/43853.31.5.20031101/78844.1|s2cid=61767095}}</ref> Many accounting practices have been simplified with the help of [[accounting software|accounting computer-based software]]. An [[enterprise resource planning]] (ERP) system is commonly used for a large organisation and it provides a comprehensive, centralized, integrated source of information that companies can use to manage all major business processes, from purchasing to manufacturing to human resources. These systems can be cloud based and available on demand via application or browser, or available as software installed on specific computers or local servers, often referred to as on-premise.
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