Preview

Study mode paper Assignment 1 Information Needs for the AIS

Better Essays
Open Document
Open Document
1755 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Study mode paper Assignment 1 Information Needs for the AIS
Information Needs for the AIS
E.E.
Professor Monica Hubler
ACC564–Accounting Information Systems
01/17/2015

Assignment 1: Information Needs for the AIS
1. Based on your research, assess how corporate leaders may make improper assumptions related to accounting information systems and the related information. Indicate the most negative potential impacts on business operations related to these assumptions. Provide support for your rationale.

Ackoff’s classical analysis of misinformation in management can be applied to todays corporate leaders, forty years later. Today’s corporate leaders have a more rapidly changing environment as Accounting Information Systems (AIS) are constantly being upgraded while leading end users to more reliance as AIS holds the key to several aspects of a business. Improper assumptions can very easily be made as the thoroughness of AIS would breed a certain amount of confidence. The human factor, the design of decision aids, and the complexity of user-friendliness are three improper assumptions that could be made by corporate leaders about AIS (Vasarhelyi, 2012). The level of competency, project participation, and a need for monitoring are all issues of the human factor (Bright Hub Inc., 2012). Competency levels are extremely important when learning a new system. If a team member doesn’t grasp all of the content, their level of competency may hinder the progress of that department. A leader’s misjudgment of that translation can also impede the progress. Project participation from key contributors can also be misjudged as their apprehension to changes or upgrades in the system could cause them more job function difficulty. These two observations would require monitoring as a leader can expect certain translations to materialize, however when dealing with human beings a leader has to be two steps ahead. AIS should be designed for better decision making (Vasarhelyi, 2012). System functionality and use over time will

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods

    • 971 Words
    • 4 Pages

    Core Concepts of Accounting Information System Author: Nancy A. Bagranoff copyright © 2008 John Wiley & Sons, Inc.…

    • 971 Words
    • 4 Pages
    Better Essays
  • Good Essays

    A good accounting information system (AIS) will help create, maintain, and distribute the financial reports as well as perform tasks in payroll, accounts receivable, accounts payable, inventory, and budgeting (Bagranoff, Simkin, & Norman, 2010). Management will be able to set up controls in the system allowing staff to have access to what is necessary and appropriate for their job. They will be able to call up and modify this information electronically without searching or filling out new paperwork. Data entry will be mainstreamed, allowing for less key strokes, and integration of information. This will allow for better accuracy in accounting and accounts will be able to be managed more efficiently, including processing of bi-weekly payroll. Payroll will then be sent directly to processing and reports to the correct managers. Accounts receivable will be able to track when customers use the POS system and update the sales information. Accounts payable will track when a vendor payment is due, allowing for payment processing, and appropriate management and accounting reports. The inventory system will be more accurate saving Kudler time and…

    • 804 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Case Study

    • 625 Words
    • 3 Pages

    Accounting today is much more complex and difficult to understand than it has been in the past. Due to the increasing complexity Accounting Information Systems have been created to alleviate some of the pressures facing accountants. According to Frederick Jones and Dasaratha Rama (2006), Enterprise Resource Planning (ERP) systems are moving businesses from the functional approach to an integrated approach for managing transactions (p.684). Having knowledge and experience with the technological advances will help the accountant become more successful. Companies, such as CBU from the case study, must be able to effectively use technology to their advantage if they want to be successful in the future. The accounting staff of CBU must be able to develop more timely and effective system controls for future financial statement purposes and inventory audits.…

    • 625 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Turner, L. (2009) Accounting Information Systems: Controls and Processes. Hoboken, NJ: John Wiley & Sons, Inc.…

    • 3275 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Fontinelle, A. (2011, March 2). Introduction To Accounting Information Systems. Retrieved May 26, 2015, from http://www.investopedia.com/articles/professionaleducation/11/accounting-information-systems.asp…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Systems analysis and design plays a role in how users need to create and track transactions within the system, customization of standard forms, which are specific to each accounting department, and setting up and updating records. “…A systems analysis will usually uncover important aspects of a proposed information system that are not typically considered in an investment analysis, such as usability of the end user interface” (Bajaj, Bradley, & Cravens, 2008, p. 100). Each use case presented is designed specifically to the department through this process of determining what organizational stakeholders require from the software program.…

    • 757 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Evaluate the consequences to a publically traded company when there is a lack of quality within financial accounting and reporting, indicating how these consequences may be minimized. Provide support for your answer.…

    • 256 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    A general survey of scholarship practiced within three broad cultures of inquiry: the Humanities, Social Sciences and Natural Sciences. Through a cross-disciplinary framework, this course explores the diverse ideas, values, and practices…

    • 1886 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Acct 542 Audit Proposal

    • 1234 Words
    • 5 Pages

    References: Bagranoff, N.A., Simkin, M.G., & Strand Norman (2008). Core Concepts of Accounting Information Systems (10th ed.). New York: NY: John Wiley & Sons, Inc.…

    • 1234 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    It is best to view an AIS as an accounting system that must be computerized.…

    • 2786 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    ACC 562 wk 6 dis

    • 1996 Words
    • 6 Pages

    References: Romney, M., & Steinbart, P. (2012). Accounting information systems. (12th ed., p. 143). Upper Saddle River, NJ: Prentice Hall.…

    • 1996 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

     From 1101AFE you know the basics of Accounting. Accounting Information System (AIS) translates this knowledge into the real world. »…

    • 1071 Words
    • 9 Pages
    Satisfactory Essays
  • Good Essays

    Corporate accountants now have a great advantage with the development and advancement in technology. Accountants can now retain more information and can retrieve various information within its organization. There are numerous internal software that help individuals access company financial records, balance sheets and various personal information, also known as the intranet. The new technology helps companies’ project revenue and company performance.…

    • 850 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Accounting Cycle Paper

    • 723 Words
    • 3 Pages

    References: Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2007). Accounting Information Systems. In (Ed.), Intermediate Accounting (12th ed., pp. 62-124). []. Retrieved from…

    • 723 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    study guide

    • 1847 Words
    • 10 Pages

    1. Gelinas, Ulric J. Jr., Dull, Richard B., and Patrick Wheeler. Accounting Information Systems, 10th Edition. Cengage South-Western College Publication 2015. ISBN 978-1-133-93594-0…

    • 1847 Words
    • 10 Pages
    Powerful Essays