...Polytechnic University of the Philippines Sta. Mesa, Manila College of Accountancy and Finance CHAPTER 1: ACCOUNTING INFORMATION SYSTEMS AND THE ACCOUNTANT Submitted By: Angeles, Jireh Nesamiel L. Carullo, Shery Lyn A. Gutierrez, Joe Mar C. Monforte, Roselyn G. Reyes, Edward Angelo A. BSA 3-9 Submittes To: Prof. Leandro Cruz Fua WHAT’S NEW IN ACCOUNTING INFORMATION SYSTEMS? Cloud Computing—Impact for Accountants According to Ron Gill, cloud computing is a way of using business applications over the Internet—such as the way you use the Internet for your bank transactions. Think of cloud computing as a way to increase IT capacity or add capabilities without investing in new infrastructure, training new people, or licensing new software. Mostly, we’re talking about a subscription-based or pay-per-use service that makes IT’s existing capabilities scalable whenever the need exists. Estimates suggest that the fast-growing cloud computing industry will reach $42 billion by 2012. Cloud computing resources may be categorized as data storage, infrastructure and platform, or application software (i.e., business applications such as purchases, HR, sales, etc.). If a firm would like to take advantage of cloud computing, it would most likely need to subscribe to all three of these categories from the service provider. For example, business applications depend on company data that is stored in the database, and data storage depends on the appropriate infrastructure...
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... |Accounting Information Systems I | Copyright © 2009, 2007, 2005, 2004, 2003, 2001 by University of Phoenix. All rights reserved. Course Description This course is designed to provide accounting students with the proper mix of technical information and real-world applications. Areas of study include fundamental concepts and technologies (what computers can do for business), the Internet, intranets, electronic commerce, information systems development, basic project management principles, decision support systems, and the benefits of computer and human synergy. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Bagranoff, N. A., Simkin, M. G., & Strand, C. S. (2008). Core concepts of accounting information...
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...HI5019 Strategic Information Systems for Business and Enterpise (T1, 2013) Assignment (20% of Final Mark) The assignment has two parts namely Part A (20 marks) & B (20 marks). Part A will require you to answer four (4) questions. Part B will involve two (2) cases selected form you textbook, Accounting Information Systems 8th edition by James A. Hall. The assignment aims to develop an understanding of Accounting Information Systems structure and their use in the business setting. The task is to answer questions relating to transaction processing, ethics, fraud and internal control. This assignment itself includes several assignments, each of which comprises a part of the students’ task. However, it is well encouraged to include any additional information that students may think will be useful in completing the task. General Rules and Requirements: Reports must be confined to 3,000 words (+/- 5%). As a minimum, a title page, table of contents page (based on your report headings), introduction, conclusion and references should be included. Font type should be Arial (size 11), paragraph spacing should be 1.5. Note: Any additional material from external sources that you “copy and paste” into your report is NOT included in the word limit. Also, ensure it is appropriately referenced. PART A (20 marks) 1. How does SOX affect the provision of attest and advisory services? (5 marks) 2. Compare and contrast the relative advantages and disadvantages of sequential, block,...
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...HI5019 Strategic Information Systems for Business and Enterpise (T1, 2013) Assignment (20% of Final Mark) The assignment has two parts namely Part A (20 marks) & B (20 marks). Part A will require you to answer four (4) questions. Part B will involve two (2) cases selected form you textbook, Accounting Information Systems 8th edition by James A. Hall. The assignment aims to develop an understanding of Accounting Information Systems structure and their use in the business setting. The task is to answer questions relating to transaction processing, ethics, fraud and internal control. This assignment itself includes several assignments, each of which comprises a part of the students’ task. However, it is well encouraged to include any additional information that students may think will be useful in completing the task. General Rules and Requirements: Reports must be confined to 3,000 words (+/- 5%). As a minimum, a title page, table of contents page (based on your report headings), introduction, conclusion and references should be included. Font type should be Arial (size 11), paragraph spacing should be 1.5. Note: Any additional material from external sources that you “copy and paste” into your report is NOT included in the word limit. Also, ensure it is appropriately referenced. PART A (20 marks) 1. How does SOX affect the provision of attest and advisory services? (5 marks) 2. Compare and contrast the relative advantages and disadvantages of sequential, block, group, alphabetic...
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...TUGAS AKHIR SISTEM INFORMASI AKUNTANSI Dosen : Haryono, Drs., M.Com. Disusun Oleh : Amanda Pratiwi S. 13/347120/EK/19389 Shilvy Candra 13/347602/EK/19402 Siti Fauziah 13/347050/EK/19385 Yuniana Rizki R. 13/347074/EK/19388 Fakultas Ekonomika dan Bisnis Universitas Gadjah Mada Yogyakarta PENDAHULUAN Profil Perusahaan Sumber : Google Platinum Internet Café merupakan sebuah perusahaan yang bergerak di bidang jasa internet dan juga café yang berdiri pada bulan Juli tahun 2009. Karakteristik bisnisnya lebih kepada konsep café internet untuk tempat berkumpul dan mengerjakan tugas. Jasa dan produk yang ditawarkan di sini antara lain persewaan komputer dan internet, percetakan (foto dan kertas), scanning, burning, pulsa, serta café. Jasa yang paling utama adalah persewaan komputer dan internet. Kantor pusat perusahaan terletak di daerah Gelagah Sari dan mempunyai empat cabang dengan nama yang berbeda. Alamat : Jalan Kaliurang Km 5,5 Sleman ,Yogyakarta 55281 Twitter : @platinum_jakal Facebook : Platinum Internet Café Struktur Organisasi Direktur Manajer Umum Manajer Operasional Kepala gudang café Kapten café Manajer Keuangan Manajer Teknis Kasir Café Wakil Manajer Operator Staf multimedia Teknisi khusus...
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...Chapter One As accounting students we have studied a variety of accounting areas involving financial and taxes. The accounting information course appears to be a course that heads in a different direction then what we as students have become accustomed to. Speaking for myself I have always been drawn to the accounting field because it is a black and white area. In other words, there it is organized and has right and wrong answers, this leaving out the gray areas between right and wrong. Accounting information systems appears to be throwing us into a whole new area of the study of accounting. The fine line between right and wrong is becoming smudged into a gray area. With accounting information system we are being thrown into an area that is now unfamiliar to what we have come to know as right or wrong. This accounting information system is designed to help us think outside of the box by providing unstructured problems that will increase our ability to develop professional judgment, our confidence in our ability, and use more critical thinking. The conceptual framework was developed in the late 1970’s by the FASB to be used as a guide for accounting principles. The conceptual framework is set up as a pyramid that has three levels. The top level provides the objective of financial reporting: provide information to decision makers, the second or middle level is divided into two parts, one part is aimed at the elements of financial statements and the second part is geared towards...
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...AIS. Many should be familiar to you, and many were part of our modern accounting scenarios. Let’s briefly discuss each element, with special emphasis on how the accountant is affected. Later in the chapter, we provide a roadmap showing you where each component is covered in this textbook. Before beginning, let us tell you two things. First, the study of AIS, is our broad view, while the accounting information system itself, is our narrow view of an AIS. Second, you shouldn’t assign any meaning to the placements of the elements in figure 1.1. The figure just tells you that there are ten elements. 1. Business Operations: An AIS operates in concert with business operations. Many AIS inputs are prepared by operating departments, the action or work centers of the organization; and many AIS outputs are used to manage these operations. Therefore, we must analyze and manage an AIS in light of the work being performed by the organization. For example, to advise his management and to prepare reports for management decision making, a management accountant must understand his organization’s business. In our scenarios, Jill had to understand corporate takeovers to prepare the relevant analysis. 2. Transaction Processing: An organization Processes Transactions, such as sales and purchase; these Transactions mirror and monitor and business operations. these Transactions have operational, management information system(MIS), and AIS aspects. To design and use the MIS and the AIS, an accountant...
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...……………………………………………………………………………………….3 Critical aspects of Accounting Information Systems………………………………….................3 People…………………………………………………………………………………….3 Procedure and Process Analysis…………………………………………………………4 Data Analysis…………………………………………………………………………….4 Decision Analysis………………………………………………………………………..4 Design…………………………………………………………………………………….5 Importance of Safeguarding Information ………………………………………………………..6 Network Security………………………. ……………………………………………………….6 Advantages of Accounting Information Systems..……………………………………................7 Disadvantages of Accounting Information Systems……………………………………………..7 Conclusion………………………………………..………………………………………………8 References ……………………………………………………………………………………….9 Introduction The Accounting information systems network is an interactive human interface that enables organizations to make key business decisions. These decisions include strategies, goals and cost saving procedures. Companies must increasingly rely on evolving technology to help manage this data. Technology serves the Accounting information systems as a whole to help an organization and top management make informative decisions. The design of the technology in such a way that it accommodates each critical aspect of the organization - people, procedure and processes analysis, data analysis, decision analysis, and design - is paramount. This paper will look at accounting information system from a macro point of view and discuss...
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...AC2206A1 Lecturer’s Name : Mr. Marius Benedict Date of Submission : 18th December 2014 TABLE OF CONTENTS | | Pages | Introduction | 3 | Systems Planning | 4 | Context Data Flow Diagram | 8 | Intermediate Data Flow DiagramSystems AnalysisSystems Evaluation And Design Strategies | 910 | * Access | | Purchasing Ready-Made Software Packages | | Outsourcing Contract | | Input Design | | Output Design | | Conclusion | | ACKNOWLEDGEMENT We would like to express our deepest appreciation to all those who provided us the possibility to complete this assignment. A special gratitude we give to our lecturer for Accounting in information subject, Mr. Marius Benedict, whose contribution in inspiring suggestions, encouragement and helped us to organize our problem based learning. Special thanks to our parents and families for all the support and prays to complete this assignment on time. Last but not least, full of thanks to all our classmates whose are willing to help us out with their abilities. INTRODUCTION Every business or organization needs to evaluate their design operation in order to catch with the current technology. If they did not aware with that, they are facing several problems that may affect their business’s goal especially in gaining the profit. In this case, Hattan is a final year accounting student at UiTM...
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...Business ACC/542 Version 3 Accounting Information Systems | Copyright © 2012, 2009, 2007 by University of Phoenix. All rights reserved. Course Description In this course, students examine the fundamentals of accounting systems design. Topics include business information systems, business processes and data flows, database concepts and tools, internal control and risks, auditing the information system, and using the information system to perform audit functions. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Bagranoff, N. A., Simkin, M. G., & Strand Norman, C. (2008). Core concepts of accounting information systems (10th ed.). New York, NY: Wiley. Hunton, J. E., Bryant, S. M., & Bagranoff, N. A. (2004). Core concepts of information technology auditing. Hoboken, NJ: Wiley. O’Brien, J. A. & Marakas, G. M. (2008). Management information systems (8th ed.). Boston, MA: McGraw-Hill...
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...Chapter 1 ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW TEACHING TIPS This chapter provides general coverage of many of the text's major themes. It's usually a good idea to indicate how the topics covered in this chapter will be covered in more detail later in the course. Many instructors will not assign any problem from the end of this chapter. This can be done without any loss of overall continuity in the course. If the course will emphasize internal controls, it might be desirable to cover in class one of the general cases on internal control from the back of Chapters 4, 7, or 8. This should be done to stimulate student interest, but the instructor should not worry if the students in the course fail to analyze the case correctly. In some ways, teaching systems can be more difficult than teaching other areas. In many cases there are no clear-cut debits and credits to be made, and judgment is often required. This can make some students feel uncomfortable. So it's usually good to emphasize this at the beginning of the course to properly set students' expectations. The point should also be made that systems are an important area of professional examinations. One of the biggest risks in teaching systems is that it can easily become dry and boring. I have found that the best way to overcome this is to generate as much class discussion as possible on many of the major points in the chapter. Accordingly, I always make class participation about one-fourth of the total...
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...Accounting Information System Requirements XACC/210 The requirements for developing an accounting information system are not unlike the design of an IT system. There are specific steps to adhere to in order to have a successful outcome. 1. Planning and investigation- It is important to determine what is required by each individual company in order to be successful. A company cannot skip this step and jump into a new system. The outcome would surely fail. 2. Analysis- It is important to take a broader view of current systems to determine what is working and what parts of the system need to change in order to be successful. 3. Design- After step one and two have been achieved, designing the new accounting system is the next logical step in order to realize the company vision. 4. Implementation, maintenance, and follow-up- Next, the company will try the new system out, make the necessary adjustments as time goes by, and ensure that things are working as they were designed to work. The accountant’s role in this process is to advise the company what elements are needed to have an accounting system that will allow them to effectively bring the needed information to the company that is needs in order to maintain a profitable business. They know what type of programs that are effective for general accounting purposes, spreadsheets etc. This knowledge and advice an accountant gives is a vital part of the planning and investigation an organization needs to...
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...[1] ICPA, “Review and Resume”, Accounting Terminology Bulletin no. 1, (1953), par 9. [2] N. Conn, “Objectives of Financial Reporting by Business Enterprises”, Statement of Financial Accounting Concepts no. 1, (1978), par 9. [3] W. Ballada and S. Ballada, “Basic Accounting”, DomDane Publishing, (2011), pp. 20, 88-90. [4] Information Technology, http://en.wikipedia.org/wiki/Information_technology, (Accessed 2013). [5] M. Ghasemi, V. Shafeiepour, M. Aslani and E. Barvayeh, “The Impact of Information Technology (IT) on Modern Accounting”, Procedia - Social and Behavioral Sciences, vol. 28, (2011), pp. 112–116. [6] http://www.e-conomic.co.uk/accountingsystem/glossary/accounting-system, (Accessed 2013). [7] K. I. Dandago and A. S. Rufai, “Information Technology and Accounting Information System in the Nigerian Banking Industry”, Asian Economic and Financial Review, vol. 4, no. 5, (2013) June, pp.655-670. [8] J. Moscove, P. Sinkin and P. Bagranoff, “A Theory of Interdependent Demand for a Communication Service. Bell Journal of Economics, vol. 5, no.1, (1999), pp. 283-292. [9] J. Hall, Accounting Information System, (2008), pp. 11-28, ISBN-10: 0324560893, ISBN-13: 9780324560893. [10] S. Shanker, “How is Information Technology Used in Accounting?”, Chron Small Business Demand Media, (2013). [11] M. Amidu, et al., “E-Accounting Practices among Small and Medium Enterprises in Ghana”, Journal of Management Policy and Practice, vol. 12, no.4, (2011), p. 152. [12] Cost-Benefit...
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...Guido L. Geerts, author of “A Design Science Research Methodology and Its Application to Accounting Information Systems Research,” asserts most of research currently conducted in the accounting information systems (AIS) and information systems (IS) areas focuses on understanding why things work the way they do, also known as “natural science (Geerts, 2011).” The primary goal of the paper was to introduce the design science research methodology (DSRM) into accounting information systems (AIS) literature by discussing the DSRM, applying the DSRM to different AIS design science papers, and then integrating the DSRM as part of the operational AIS literature (Geerts, 2011). “Currently, integration is increasingly needed in the business environment. This need emerges from the efficiency and synergy requirements necessary in a complex and turbulent environment. In other words, integration is needed to facilitate coordination, which is again related to the building of competitive advantage.” (Granlund & Malmi, 2002, p. 305). Detail Geerts’ introduction gives definitions and history of the concept of DSRM and AIS so that the reader may transition along with the article. There is discussion of each methodology giving the history and the science behind it and then he moves into how the application of DSRM was discussed in the AIS area. According to Geerts the DSRM has three objectives and aims at improving the production, presentation, and evaluation of design science research...
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...Effects of Technology on Accounting Information Systems James King University of Phoenix: ACC/340 Accounting Information Systems I Instructor: Ray Dahmer June 27, 2011 Effects of Technology on Accounting Information Systems The information age and the resulting technological advances have made an impact on every functional area of the accounting industry including auditing, taxation, financial, and managerial accounting (Bagranoff, Simkin, & Norman, 2008). Information systems consist of data input and processing devices, applications, personnel, and procedures, all of which produce information that management uses to make crucial business decisions (Bagranoff, Simkin, & Norman, 2008). This paper contains a discussion of modern accounting information systems and the influence of those systems in the changing landscape of the accounting profession. New Technology and Its Effect on Business The introduction of modern information technology into the accounting profession has produced advances in the industry and in the design of accounting information systems. All but gone are the days of spiral bound ledgers and adding machines. Accounting applications running on computer systems with two-gigahertz processors and gigabytes worth of memory perform accounting tasks in modern organizations. The information generated by modern accounting information systems from the data gathered by the input terminals within the system, informs managers about the situation...
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