Presentation is loading. Please wait.

Presentation is loading. Please wait.

2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 1 Accounting Information Systems: An Overview.

There are copies: 1
2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 1 Accounting Information Systems: An Overview Chapter.

Similar presentations


Presentation on theme: "2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 1 Accounting Information Systems: An Overview."— Presentation transcript:

1

2 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 1 Accounting Information Systems: An Overview

3 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 2 Learning Objective Understand the related concepts of transaction cycles and internal control structure.

4 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 3 Overview An accounting information system (AIS) is a collection of resources designed to transform data into information. Accounting information systems perform this transformation. Manual Computerized

5 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 4 Information and Decisions Who are the two main users of accounting information? External users Internal users

6 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 5 Information and Decisions Who are the external users of accounting information? Stockholders Investors Creditors Government agencies Customers and vendors

7 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 6 Information and Decisions Strategic Tactical Operational Transaction oriented Lower-LevelManagement MiddleManagement Top-LevelManagement Summarization and Filtration Hierarchy of Internal Users

8 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 7 Information Systems The term information system suggests the use of computer technology in an organization. Hardware Software Data Information

9 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 8 Information Systems Electronic Data Processing System (EDP) Data Processing System (DP) Management Information System (MIS) Decision Support System (DSS) Expert System (ES) Executive Information System (EIS) Accounting Information System (AIS)

10 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 9 Business Processes DataOrganizationalunits Logical time sequence

11 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 10 Business Processes Inbound Inbound sales sales logistics logistics Outbound Outbound sales sales logistics logistics Operations Operations Marketing Marketing Service Service Primary Business Processes

12 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 11 Business Processes ProcurementTechnologydevelopment HumanresourcesFirminfrastructure Supporting Business Processes

13 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 12 Transaction Processing Cycles 1. Revenue cycle 2. Expenditure cycle 3. Production cycle 4. Finance cycle

14 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 13 Internal Control Process Reliability of financial reporting Effectiveness and efficiency Compliance

15 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 14 Internal Control Process What are the elements of internal control? Control environment Risk assessment Control activities Information and communication Monitoring

16 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 15 Internal Control Process Segregation of Duties: No individual or department should control the accounting records relating to its own operation. Internal Auditing: It is an independent appraisal activity within the organization.

17 2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 16 QUESTIONS ???


Download ppt "2004 Prentice Hall Business Publishing, Accounting Information Systems, 9/e, by Bodnar/Hopwood 1 – 1 Accounting Information Systems: An Overview."

Similar presentations


Ads by Google