week 2 - acc5130_CH1-2_Fal10_2slide

week 2 - acc5130_CH1-2_Fal10_2slide - 9/6/2010 Accounting...

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9/6/2010 1 Accounting Systems: Design and Control Ms. Pam J. Schmidt PhD Candidate Dept. of Accounting School of Business Administration Chapter 1: Learning Objectives Data versus information, understand the value of information. Explain what an accounting information system (AIS) is, why it is important and describe its basic functions Explain the role an AIS plays in a company’s value chain. How does AIS help management with information for decision making.
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9/6/2010 2 Chapter 1: What is an Accounting Information System (AIS)? Functions of an AIS: Collect and store transaction data Transform data into information x That is useful for decision making Provide Controls To safeguard the firm’s assets (including data) Relationship between Operations and Management Information Systems (MIS) TPS: Transaction Processing Systems SDS: Structured Decision Systems Process Control Systems Office Automation Systems
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9/6/2010 3 Relationship between Operations and
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week 2 - acc5130_CH1-2_Fal10_2slide - 9/6/2010 Accounting...

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