Chapter 1 Introduction to Accounting Information Accounting Systems

  • Slides: 14
Download presentation
Chapter 1 Introduction to Accounting Information Accounting Systems Information Systems

Chapter 1 Introduction to Accounting Information Accounting Systems Information Systems

Learning Objectives • To appreciate the complex, dynamic environment in which accounting is practiced.

Learning Objectives • To appreciate the complex, dynamic environment in which accounting is practiced. • To know the AIS, its relationship to the entire IS, and the IS’s link to the organization. • To recognize the accountant’s role in relation to the current environment for AIS. • To understand how to use this textbook effectively to learn AIS.

Challenges & opportunities for the accountant • • • Management consulting services. Management accountants.

Challenges & opportunities for the accountant • • • Management consulting services. Management accountants. Internal auditors. Independent auditors. Other assurance services. 3

Elements in the Study of AIS 4

Elements in the Study of AIS 4

1. 0 System: 1. 0 1. 1 A Subsystems: 1. 1, 1. 2, 1.

1. 0 System: 1. 0 1. 1 A Subsystems: 1. 1, 1. 2, 1. 3, 1. 4 1. 2 C 1. 4 D Interrelationships: A, B, C, D, E B 1. 3 E 5

1. 2 System: 1. 2 F 1. 2. 1 Subsystems: 1. 2. 1, 1.

1. 2 System: 1. 2 F 1. 2. 1 Subsystems: 1. 2. 1, 1. 2. 2, 1. 2. 3 Interrelationships: F, G, H G 1. 2. 2 1. 2. 3 H 6

1. 0 1. 1 1. 2 1. 3 1. 2. 2 1. 4 1.

1. 0 1. 1 1. 2 1. 3 1. 2. 2 1. 4 1. 2. 3 System: 1. 0 organization 7

STORAGE INPUT PROCESSING OUTPUT Users 8

STORAGE INPUT PROCESSING OUTPUT Users 8

MIS Sales/Marketing Information System Production Information System Finance Information System Personnel Information System AIS

MIS Sales/Marketing Information System Production Information System Finance Information System Personnel Information System AIS 9

AIS Order Entry/ Sales Integrated Production Processes Billing/AR/ Cash Receipts Purchasing/AP/ Cash Payments Inventory

AIS Order Entry/ Sales Integrated Production Processes Billing/AR/ Cash Receipts Purchasing/AP/ Cash Payments Inventory General Ledger & business reporting 10

11

11

ati on flo ws rm fo l in ica Ve rt Strategic Management Tactical

ati on flo ws rm fo l in ica Ve rt Strategic Management Tactical Management Operations and Transaction Processing Horizontal information flows 12

Accountant’s Role re AIS • Designer • User • Auditor 13

Accountant’s Role re AIS • Designer • User • Auditor 13

Learning Objectives • To appreciate the complex, dynamic environment in which accounting is practiced.

Learning Objectives • To appreciate the complex, dynamic environment in which accounting is practiced. • To know the AIS, its relationship to the entire IS, and the IS’s link to the organization. • To recognize the accountant’s role in relation to the current environment for AIS. • To understand how to use this textbook effectively to learn AIS.