Accounting Information System, Audit, Financial Accounting, Management Accounting, Materiality, Relevance
Świderska, Gertruda Krystyna
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The purpose of the research underlying this article is to present how the concept of relevance is defined in accounting information system and analyse those definitions in comparison to the definition of relevance in information science. For this purpose, a systematic review related to the issue was conducted. The article presents the definitions of relevance used in publications concerning accounting information system with all its subsystems. In financial accounting and audit, materiality, which is the entity-specific aspect of relevance, is a measure of the usefulness of information for the user of financial statements. It is expressed quantitatively, but also depends on qualitative considerations. In management accounting the issue is identified with the decision-making process, for which relevant information is used. The study is the first complex publication which discusses the importance of relevance in accounting information system, and its subsystems – financial and management accounting.