Accounting Information Systems
11th Edition
ISBN: 9781337552127
Author: Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher: Cengage Learning
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Textbook Question
Chapter 2, Problem 5DQ
Consider a business process that you have experienced at work, as a customer, or as a student. Examples might include any process in a work setting, such as payroll and purchasing, or any process with which you have interacted, such as ordering from a Web site, obtaining a loan, eating at a restaurant, or registering for classes at your college or university. Describe the degree to which the steps in the process are integrated. What is or was the impact of that integration on you and on the organization?
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THEORY PROBLEM
Explain why accounting students should study Accounting Information Systems?
Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain.
Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession?
One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example!
Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!
What are the possible careers for someone skilled enough in accounting information system?
Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion post in which you respond to the following prompts:
Under what circumstances would it be in a business’s best interest to invest in and use a computerized accounting system? Are there circumstances in which it would make sense to use a manual system? Explain your answer.
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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- Understanding components of a computerized accounting information system Ned Timmons, engineer, is considering using a computerized accounting system for his professional engineering business. Ned has asked that you help him understand the components of a computerized accounting information system by answering the following questions: Requirements 1. What are the two basic components of a computerized accounting information system? 2. Provide examples of each component. 3. If Ned were interested in an entry-level software system, what software might you recommend?arrow_forwardWhy are we studying IT controls, functions, and job responsibilities in an accounting course?arrow_forwardWhat benefits do we get from learning a Managerial Accounting course?arrow_forward
- Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?arrow_forwardUsing the following prompts, share your experience learning about Accounting Information Systems: What is your overall reflection of the course? What were one or two of the topics covered in Module 8 that you think are most relevant for accountants now? Which course topic(s) did you find most interesting? Which of the topics did you find most confusing or challenging?arrow_forwardReview the imanet.org website to research more information about the Certified Management Accountant (CMA) certification. Choose one of the following questions to discuss: Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companies. Using the internet or other resources to research other accounting certifications, pick two other accounting certifications and compare them to the CMA. Do you think a certification only allows a professional to work in one field of accounting or another, or do the certifications cross subfields of accounting? Are there benefits to professionals pursuing more than one certification? Why or why not? Which certification do you personally find most interesting and valuable? Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companiesarrow_forward
- How does computerized accounting information systems affect an accounting professional’s ethical and legal obligations?arrow_forwardMore and more businesses are adopting the use of Customer Relationship Management (CRM) software’s within the Accounting information Systems. Required; i) Explain two benefits that a business enjoys by using Customer Relationship Management (CRM) software’s.arrow_forwardDiscuss the following: 1. All accountants are assumed at a minimum be proficient in the AIS user role and at least one other role like (manager or designer or evaluator). Why they expect this proficiency from the accountants? 2. What is the significant contribution of the Accounting Information System in the business value chain?arrow_forward
- Control Objectives for Information and Related Technology, Why is it important to you in your career in accounting?arrow_forwardhow managers (internal user) and customers (external user) use accounting information? Give one real-life example for each userarrow_forwardThe benefits we get from learning Managerial accounting explain?arrow_forward
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