Updated end-of-chapter discussion questions and problems, including Excel exercises that are based on articles from the Journal of Accountancy so that students can develop the specific skills used by practitioners. Updated discussion of information security countermeasures, including the security and control implications associated with virtualization and cloud computing.ģ. IT controls to reflect the new distinction between governance and management that was introduced in COBIT 5.Ģ. We discuss the new revision to the COSO framework and have updated the discussion of Every chapter has been updated to include up-to-date examples of important concepts. We made extensive revisions to the content of the material to incorporate recent developments, while retaining the features that have made prior editions easy to use. The topics covered in this text provide information systems students with a solid understanding of transaction processing systems that they can then build on as they pursue more indepth study of specific topics such as databases, data warehouses and data mining, networks, systems analysis and design, cloud computing, virtualization, computer security, and information system controls. The book can also be used as the main text in graduate or advanced undergraduate management information systems courses.
Introductory financial and managerial accounting courses are suggested prerequisites, and an introductory information systems course that covers a computer language or software package is helpful, but not necessary.
O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.This book is intended for use in a one-semester course in accounting information systems at either the undergraduate or graduate level. Get Accounting Information Systems: The Processes and Controls, 2nd Edition now with O’Reilly online learning. When an organization considers a change to its AIS, accountants must be involved in decisions related to such matters as evaluating which software to purchase.
DESIGN OR IMPLEMENTATION TEAMĪccountants are usually part of a multiple-discipline team that designs and/or implements accounting information systems. Accountants must therefore understand AIS concepts in order to perform these accounting jobs. The accounting information system is the mechanism that allows the accounting staff to accomplish those functions.
For example, a controller in an organization must oversee a staff of accountants who record all accounting transactions, do the monthly closing of the accounting records, and generate the reports needed by management and external users.
USERS OF THE AISĪccountants within any organization must use the accounting information system to accomplish the functions of accounting, generating accounting reports, and using accounting reports. Accountants have several possible roles related to accounting information systems: They may be users of the AIS, part of the design or implementation team of an AIS, and/or auditors of an AIS. No matter which particular career path is chosen within accounting, it will in some manner involve the use of an accounting information system. THE IMPORTANCE OF ACCOUNTING INFORMATION SYSTEMS TO ACCOUNTANTS (STUDY OBJECTIVE 8)Īnyone pursuing an accounting career must study and understand accounting information systems (AIS) and the related concepts.