Accounting Information Systems
11th Edition
ISBN: 9780357156032
Author: Ulric J. Gelinas; Richard B. Dull; Patrick Wheeler
Publisher: Cengage Limited
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Textbook Question
Chapter 2, Problem 3DQ
Periodically, you will read in the news about one company in the ERP industry acquiring another company in that industry. Discuss the pros and cons of the consolidation of the ERP software industry.
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Discuss and explain the differences in the kinds of structure a new company can use to organize themselves. What are the relative advantages and disadvantages of each? If you and some colleagues are going to start a new business together, what form of organization would you pick, and why?
For your Portfolio Project, you will research a current hot topic in accounting information systems or emerging technologies in the accounting industry. Your presentation should focus on the impact of the selected topic on accounting information systems, internal controls, and benefits and challenges associated with its implementation.
Choose one of the topics below to research and discuss:
Cloud-Based Accounting
Offshore Staffing in Remote Work
Accounting Software
Big Data
Data Analytics
Automated Accounting Process
Outsourcing the Accounting Functions
Blockchain
Value-Based Pricing
Advisory Services
Evolution of the Accountant Role
Data Security
Accountants Upskilling
Tax
Technology
Forensic Accounting
Accounting Education
Role of Artificial Intelligence
Submit your work as a PowerPoint presentation with voiceover.
The presentation should be 6-8 slides, not including the title page and the reference page.
Speaker Notes should be submitted as a Word Document. On the Word…
Starting a company has several challenges, one of which is deciding on the kind of organization to create. Why may they choose to join forces with you?
Chapter 2 Solutions
Accounting Information Systems
Ch. 2 - Prob. 1RQCh. 2 - Describe the key features/characteristics of an...Ch. 2 - Prob. 3RQCh. 2 - Describe the methods used to integrate ERP systems...Ch. 2 - Prob. 5RQCh. 2 - What is the relationship of the organizational...Ch. 2 - Prob. 7RQCh. 2 - Prob. 8RQCh. 2 - Prob. 9RQCh. 2 - Prob. 10RQ
Ch. 2 - Describe the six steps in the order-to-cash...Ch. 2 - Prob. 12RQCh. 2 - Prob. 13RQCh. 2 - How does an enterprise system support the...Ch. 2 - List the advantages and disadvantages of an...Ch. 2 - Prob. 1DQCh. 2 - The Tigris Company is considering taking customers...Ch. 2 - Periodically, you will read in the news about one...Ch. 2 - Describe how an enterprise system can assist an...Ch. 2 - Consider a business process that you have...Ch. 2 - Describe a situation in which information would be...Ch. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Describe the primary and supporting activities...Ch. 2 - Prob. 1SPCh. 2 - Prob. 2SPCh. 2 - Prob. 3SPCh. 2 - Prob. 4SPCh. 2 - Conduct research on the Web sites of either CIO...Ch. 2 - Prob. 2PCh. 2 - Conduct research on an ERP package, such as...Ch. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Choose (or you instructor may designate) an ERP...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- Your organization is considering acquiring bolt-on software for your ERP system. What approaches are open to you?arrow_forwardWhat are the components of a strategic plan? Find one of these components for the company you work for and share (if you are not currently employed, use the college you attend).arrow_forwardExplain two of the risks companies face when outsourcing the IT function. How can the risks you explained be overcome?arrow_forward
- Systems Analysis Consider the following dialogue between a systems professional, Joe Pugh, and a manager of a department targeted for a new information system, Lars Meyer: Pugh: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers perform their tasks. Then we can determine which aspects are working well and which should be preserved. Meyer: We have been through these types of projects before and what always ends up happening is that we do not get the new system we are promised; we get a modified version of the old system. Pugh: Well, I can assure you that will not happen this time. We just want a thorough understanding of what is working well and what is not. Meyer: I would feel much more comfortable if we first started with a list of our requirements. We should spend some time up-front determining exactly what we want the system to do for my department. Then you systems people can come in and determine what…arrow_forwardThe board of directors is interested in investing in a new technology. Appropriating existing retained earnings is a choice for funding the new technology. You are a consultant to the board. How would you explain this option to the board members so that they could make an educated decision?arrow_forwardWhich of the following statements is TRUE about designing, creating, and implementing a new business process?*Technology may change during the development process.*Computer simulation of alternative processes is inexpensive.*Process changes that don’t work can be undone easily.*Resolution of implementation problems is easier for enterprise processes.arrow_forward
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- One way ERP vendors help to make the configuration process easier for their customers is to: All of the above. develop built-in configuration tools to address most of their customers' needs for system changes. encourage their customers to use decentralized databases. train their customers to use an existing system and build interfaces between it and their ERP system.arrow_forwardExplain the importance of Digital Law for entrepreneursarrow_forwardWhy the requirement is a foundation of your enterprise content management system? Select one: O b. Because the requirement will not change for a company Because people in the company doing their business according to those requirements O c. Because it is what your ECM program will utilize and build upon O d. Because the requirement will not change for a companyarrow_forward
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