[1]_Chapter_1_Summary

[1]_Chapter_1_Summary - Chapter 1 [Central Theme of AIS] -...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 1 [Central Theme of AIS] - You must know a business organisation’s objectives to understand that business as a system and to understand the actions and interactions of that business’s components or subsystems. System – A set of interdependent elements that together accomplish specific objectives. It must have organization, interrelationships, integration, and central objectives. Subsystem – The interrelated parts that have come together, or integrated, as a single system. Information System – Man-made system that generally consists of an integrated set of computer-based components and manual components established to collect, store, and manage data and to provide output information to users. Accounting Information System – Specialised subsystem of an information system designed to produce understandable, predictive, neutral, comparable, accurate and complete information efficiently and effectively for accountants. - IS can be crucial to an organisation’s success by facilitating day-to-day operations processes and by providing useful information for the organization’s management. [16] It is important to an organization as it facilitates operational functions and supports management decision by providing information that managers can use to plan and control the activities of the firm. It can also use decision models to
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

[1]_Chapter_1_Summary - Chapter 1 [Central Theme of AIS] -...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online