The constant developments in the area of accounting information systems unlock a wide area for contributing to the existing theory in the field of accounting information systems. Particularly in the case of the Federation of Bosnia and Herzegovina, where the benefits that the use of AIS brings with it, are not yet well recognized. The purpose of this research is to analyze the overall situation in the FBiH regarding the use of AIS in companies and its impact on strategic decisionmaking. Data is collected through surveys that were distributed to the companies in FBIH. Multinomial logistic regression was used to analyze the data. Research findings indicate that the industry sector and satisfaction with AIS are found to be statistically significant predictors of the probability of decision-making based on AIS and that accounting information is indispensable in the process of strategic decision-making, especially when it comes to the company's growth, investments, and borrowing.

Abstract: One of the greatest challenges faced by auditors is to detect anomalies in financial statement reporting. Once the anomalies are detected they have to be further investigated by forensic accountants. However, the practice of forensic accounting has not yet become a reality in Bosnia and Herzegovina. So the main purpose of the study is to analyze to which degree BH companies are exposed to the financial statement fraud and with respect to that the need for forensic accountants. The financial statement data will be collected from BH companies and it will be analyzed using Beneish model. The Beneish model is the mathematical model that identifies the manipulation of earnings through financial ratios. These analytical techniques should reveal the unconventional variations in financial statement reporting, indicating that there is possibility of fraudulent transactions. Key words: Beneish model, fraudulent reporting, forensic accounting

In the market economy, the way in which company is managed and developed is extremly important, because every wrong or misleading decision comes at a high price. Therefore each decision that management brings should be based on precise, qualitative, timely and unambiguous information. In order to serve its purpose, after information are collected they are processed, classified and stored within the company. For effective and efficient information processing it is necessary to have an integrated set of components, called an information system. Undoubtedly, significant role in information processing for effective decision making, belongs to accounting information system. Therefore, the purpose of the study is to analyze the situation in Bosnia and Herzegovina related to the use and adoption of accounting information system and it's impact on decision making process. Questionnaire distributed to the business organizations and interviews with the managers, as a data collection method, will be used. Statistical and graphical methods will be used to demonstrate findings.