Accounting Information Systems Study Notes
INFO 243 TERM TEST 1 PREP
GENERAL AIS CONCEPTS * System – set of interdependent elements that together accomplish specific objectives * subsystem – interrelated parts that have come together, or integrated, as a single system. * IS/MIS – person made system that consists of an integrated set of computer based and manual components established to collect, store and manage data and to provide output info to users (hardware, software, data, procedure, people). Provides info for decision making
Purpose of AIS * Collect process and report info related to financial aspects of business events * often integrated an indistinguishable from overall info sys * AIS may be divided into components based on the operational functions supported
Business Process * Operations process: * person made system consisting of the people, equipment, org, policies and procedures. * designed to accomplish the activities of the org * typically include: production, personnel, marketing and sales, warehousing, acct * Management process: * person made system consisting of people, authority, org, policies and procedure. * designed to control the operations of the org. * typically include: planning, controlling, decision making * Information process: * person made system that consists of an integrated set of computer-based and manual components established to collect, store and manage data and to provide output info to users. * Interactions and relationship: * info process assists operations by maintaining inventory records and customer data. * info process enables management to monitor the operations process and operation and accounting related processes can be integrated. eg processing customer requirements, invoicing customers, producing financial statistics and performance figures from AIS records. * management designs the operations and info processes and provides the resources * info
GENERAL AIS CONCEPTS * System – set of interdependent elements that together accomplish specific objectives * subsystem – interrelated parts that have come together, or integrated, as a single system. * IS/MIS – person made system that consists of an integrated set of computer based and manual components established to collect, store and manage data and to provide output info to users (hardware, software, data, procedure, people). Provides info for decision making
Purpose of AIS * Collect process and report info related to financial aspects of business events * often integrated an indistinguishable from overall info sys * AIS may be divided into components based on the operational functions supported
Business Process * Operations process: * person made system consisting of the people, equipment, org, policies and procedures. * designed to accomplish the activities of the org * typically include: production, personnel, marketing and sales, warehousing, acct * Management process: * person made system consisting of people, authority, org, policies and procedure. * designed to control the operations of the org. * typically include: planning, controlling, decision making * Information process: * person made system that consists of an integrated set of computer-based and manual components established to collect, store and manage data and to provide output info to users. * Interactions and relationship: * info process assists operations by maintaining inventory records and customer data. * info process enables management to monitor the operations process and operation and accounting related processes can be integrated. eg processing customer requirements, invoicing customers, producing financial statistics and performance figures from AIS records. * management designs the operations and info processes and provides the resources * info