Chapter 1. ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW. The Changing World. “IT is changing everything” Accounting Educators must invent the third wave accounting paradigm and produce graduates who can function effectively in the third wave organizations they will be joining.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Information System (IS)
Accounting Information System (AIS)
Management Information System (MIS)
The information system is the set of formal procedures by which data are collected, processed into information and distributed to users.
Portfolio ManagementCapital Budgeting
New Product developmentMarket Analysis
Production PlanningJob Scheduling
Job Skill TrackingEmployee BenefitsMIS
(DSS) and Expert Systems (ES)
[the expenditure cycle can be expanded into the Purchase cycle and the Payroll cycle]
Budget Information and Instructions
Day-to-Day Operations Information
Attunement with broad business issues
Strategic and critical thinking skills
Focus on clients and markets
Ability to interpret converging inform.
Technological adeptnessAICPA: Values and Skills