Accounting Information Systems

ISBN-13: 9781119667407 / Angielski / Miękka / 2020 / 592 str.

Leslie Turner; Andrea B. Weickgenannt;Mary Kay Copeland

Spis treści

About the Authors vPreface viiAcknowledgments xiTo the Students xiiiA List of Real-World Examples in This Textbook xvModule 1 Introduction Defines business processes AIS, and all foundational concepts. This module provides the knowledge building blocks to support the remaining chapters.1 Introduction to AIS 1Overview of Business Processes (Study Objective 1) 1Overview of an Accounting Information System (Study Objective 2) 4Business Process Linkage Throughout the Supply Chain (Study Objective 3) 5IT Enablement of Business Processes (Study Objective 4) 7Basic Computer and IT Concepts (Study Objective 5) 10The Internal Control Structure of Organizations (Study Objective 7) 19The Importance of Accounting Information Systems to Accountants (Study Objective 8) 24The Relation of Ethics to Accounting Information Systems (Study Objective 9) 25Summary of Study Objectives 26Key Terms 27End of Chapter Material 28Concept Check 28Discussion Questions 28Brief Exercises 29Problems 29Cases 31Solutions to Concept Check 312 Foundational Concepts of the AIS 33Interrelationships of Business Processes and the AIS (Study Objective 1) 34Types of Accounting Information Systems (Study Objective 2) 36Client-Server Computing (Study Objective 3) 40Cloud Computing (Study Objective 4) 41Accounting Software Market Segments (Study Objective 5) 45Input Methods Used in Business Processes (Study Objective 6) 48Processing Accounting Data (Study Objective 7) 50Outputs from the AIS Related to Business Processes (Study Objective 8) 52Documenting Processes and Systems (Study Objective 9) 53Ethical Considerations at the Foundation of Accounting Information Systems (Study Objective 10) 61Summary of Study Objectives 62Key Terms 63End of Chapter Material 64Concept Check 64Discussion Questions 65Brief Exercises 65Problems 66Cases 67Solutions to Concept Check 68Module 2 Control Environment Describes the proper control environment to oversee and control processes.3 Fraud, Ethics, and Internal Control 69Introduction to the Need for a Code of Ethics and Internal Controls (Study Objective 1) 69Accounting-Related Fraud (Study Objective 2) 72The Nature of Management Fraud (Study Objective 3) 75The Nature of Employee Fraud (Study Objective 4) 76The Nature of Customer Fraud (Study Objective 5) 78The Nature of Vendor Fraud (Study Objective 6) 78The Nature of Computer Fraud (Study Objective 7) 78Policies to Assist in the Avoidance of Fraud and Errors (Study Objective 8) 82Maintenance of a Code of Ethics (Study Objective 9) 82Maintenance of Accounting Internal Controls (Study Objective 10) 83Maintenance of Information Technology Controls (Study Objective 11) 94The Sarbanes-Oxley Act of 2002 (Study Objective 12) 96Summary of Study Objectives 98Key Terms 99End of Chapter Material 100Concept Check 100Discussion Questions 101Brief Exercises 101Problems 102Cases 103Solutions to Concept Check 1054 Internal Controls and Risks in IT Systems 107An Overview of Internal Controls for IT Systems (Study Objective 1) 107General Controls for IT Systems (Study Objective 2) 110General Controls from an AICPA Trust Services Criteria Perspective (Study Objective 3) 120Hardware and Software Exposures in IT Systems (Study Objective 4) 125Application Software and Application Controls (Study Objective 5) 135Ethical Issues in IT Systems (Study Objective 6) 143Summary of Study Objectives 144Key Terms 145End of Chapter Material 146Concept Check 146Discussion Questions 147Brief Exercises 147Problems 148Cases 149Solutions to Concept Check 1505 IT Governance 153Introduction to IT Governance (Study Objective 1) 153An Overview of the SDLC (Study Objective 2) 157Elements of the Systems Planning Phase of the SDLC (Study Objective 3) 160Elements of the Systems Analysis Phase of the SDLC (Study Objective 4) 163Elements of the Systems Design Phase of the SDLC (Study Objective 5) 167Elements of the Systems Implementation Phase of the SDLC (Study Objective 6) 174Elements of the Operation and Maintenance Phase of the SDLC (Study Objective 7) 177The Critical Importance of IT Governance in an Organization (Study Objective 8) 178Ethical Considerations Related to IT Governance (Study Objective 9) 179Summary of Study Objectives 181Key Terms 183End of Chapter Material 183Concept Check 183Discussion Questions 184Brief Exercises 184Problems 184Cases 185Solutions to Concept Check 1866 Enterprise Resource Planning (ERP) Systems 187Overview of ERP Systems (Study Objective 1) 187History of ERP Systems (Study Objective 2) 192Current ERP System Characteristics (Study Objective 3) 194ERP Modules (Study Objective 4) 195ERP Market Segments, Cloud Computing and Digital Transformation (Study Objective 5) 197Implementation of ERP Systems (Study Objective 6) 201Benefits and Risks of ERP Systems (Study Objective 7) 207ERP Systems and the Sarbanes-Oxley Act (Study Objective 8) 210Summary of Study Objectives 212Key Terms 214End of Chapter Material 214Concept Check 214Discussion Questions 215Brief Exercises 215Problems 216Cases 216Solutions to Concept Check 2177 Auditing Information Technology-Based Processes 218Introduction to Auditing IT Processes (Study Objective 1) 218Types of Audits and Auditors (Study Objective 2) 219Information Risk and IT-Enhanced Internal Control (Study Objective 3) 221Authoritative Literature Used in Auditing (Study Objective 4) 222Management Assertions and Audit Objectives (Study Objective 5) 224Phases of an IT Audit (Study Objective 6) 225Use of Computers in Audits (Study Objective 7) 229Tests of Controls (Study Objective 8) 230Tests of Transactions and Tests of Balances (Study Objective 9) 237Audit Completion/Reporting (Study Objective 10) 239Other Audit Considerations (Study Objective 11) 241Ethical Issues Related to Auditing (Study Objective 12) 245Summary of Study Objectives 248Key Terms 249End of Chapter Material 250Concept Check 250Discussion Questions 252Brief Exercises 253Problems 253Cases 254Solutions to Concept Check 254Module 3 Business Processes The sets of business processes and the internal controls in organizations. With process maps, document flowcharts, and data flow diagrams, the core business processes are described and the necessary controls to manage risk are discussed.8 Revenue and Cash Collection Processes and Controls 256Introduction to Revenue Processes (Study Objective 1) 256Sales Processes (Study Objective 2) 261Risks and Controls in Sales Processes (Study Objective 2, Continued) 268Sales Return Processes (Study Objective 3) 272Risks and Controls in the Sales Return Processes (Study Objective 3, Continued) 272Cash Collection Processes (Study Objective 4) 277Risks and Controls in the Cash Collection Processes (Study Objective 4, Continued) 278IT-Enabled Systems of Revenue and Cash Collection Processes (Study Objective 5) 285E-Business Systems and the Related Risks and Controls (Study Objective 6) 287Electronic Data Interchange (EDI) Systems and the Risks and Controls (Study Objective 7) 290Point of Sale (POS) Systems and the Related Risks and Controls (Study Objective 8) 294Ethical Issues Related to Revenue Processes (Study Objective 9) 295Corporate Governance in Revenue Processes (Study Objective 10) 297Summary of Study Objectives 298Key Terms 300End of Chapter Material 300Concept Check 300Discussion Questions 301Brief Exercises 302Problems 303Cases 308Solutions to Concept Check 3129 Expenditures Processes and Controls--Purchases 314Introduction to Expenditures Processes (Study Objective 1) 314Purchasing Processes (Study Objective 2) 317Risks and Controls in the Purchasing Process (Study Objective 2, Continued) 327Purchase Return Process (Study Objective 3) 331Risks and Controls in the Purchase Return Processes (Study Objective 3, Continued) 335Cash Disbursement Processes (Study Objective 4) 337Risks and Controls in the Cash Disbursement Processes (Study Objective 4, Continued) 343IT Systems of Expenditures and Cash Disbursement Processes (Study Objective 5) 346Computer-Based Matching (Study Objective 6) 348Risks and Controls in Computer-Based Matching (Study Objective 6, Continued) 349Evaluated Receipt Settlement (Study Objective 7) 350Risks and Controls in Evaluated Receipt Settlement (Study Objective 7, Continued) 351E-Business and Electronic Data Interchange (EDI) (Study Objective 8) 352Risks and Controls in E-Business and EDI (Study Objective 8, Continued) 353E-Payables (Study Objective 9) 355Procurement Cards (Study Objective 10) 356Ethical Issues Related to Expenditures Processes (Study Objective 11) 356Corporate Governance in Expenditure Processes (Study Objective 12) 358Summary of Study Objectives 359Key Terms 361End of Chapter Material 362Concept Check 362Discussion Questions 363Brief Exercises 364Problems 364Cases 367Solutions to Concept Check 37110 Expenditures Processes and Controls--Payroll and Fixed Assets 373Introduction to Payroll and Fixed Asset Processes (Study Objective 1) 373Payroll Processes (Study Objective 2) 377Risks and Controls in the Payroll Processes (Study Objective 3) 385IT Systems of Payroll Processes (Study Objective 4) 387Fixed Asset Processes (Study Objective 5) 390Risks and Controls in Fixed Asset Processes (Study Objective 6) 398IT Systems of Fixed Asset Processes (Study Objective 7) 401Ethical Issues Related to Payroll and Fixed Asset Processes (Study Objective 8) 403Corporate Governance in Payroll and Fixed Asset Processes (Study Objective 9) 405Summary of Study Objectives 407Key Terms 408End of Chapter Material 408Concept Check 408Discussion Questions 410Brief Exercises 410Problems 411Cases 412Solutions to Concept Check 41411 Conversion Processes and Controls 416Basic Features of Conversion Processes (Study Objective 1) 416Components of the Logistics Function (Study Objective 2) 419Cost Accounting Reports Generated by Conversion Processes (Study Objective 3) 427Risks and Controls in Conversion Processes (Study Objective 4) 428IT Systems of Conversion Processes (Study Objective 5) 431The Supply Chain and Enterprise (ERP) Systems (Study Objective 6) 435Ethical Issues Related to Conversion Processes (Study Objective 7) 437Corporate Governance in Conversion Processes (Study Objective 8) 438Summary of Study Objectives 438Key Terms 439End of Chapter Material 440Concept Check 440Discussion Questions 441Brief Exercises 442Problems 443Cases 443Solutions to Concept Check 44612 Administrative Processes and Controls 448Introduction to Administrative Processes (Study Objective 1) 448Financial Capital Processes (Study Objective 2) 451Investment Processes (Study Objective 3) 453Risks and Controls in Capital and Investment Processes (Study Objective 4) 454General Ledger Processes (Study Objective 5) 455Risks and Controls in General Ledger Processes (Study Objective 6) 459Reporting as an Output of the General Ledger Processes (Study Objective 7) 465Ethical Issues Related to Administrative Processes and Reporting (Study Objective 8) 467Corporate Governance in Administrative Processes and Reporting (Study Objective 9) 469Summary of Study Objectives 470Key Terms 472End of Chapter Material 472Concept Check 472Discussion Questions 473Brief Exercises 473Problems 474Case 474Solutions to Concept Check 475Module 4 IT Infrastructure to Enable Processes The hardware, software, and systems that support business processes.13 Data and Databases 476The Need for Data Collection and Storage (Study Objective 1) 476Storing and Accessing Data (Study Objective 2) 478Data Processing Techniques (Study Objective 3) 480Databases (Study Objective 4) 481The Need for Normalized Data (Study Objective 5) 485Use of a Data Warehouse to Analyze Data (Study Objective 6) 488Data Analysis Tools (Study Objective 7) 491Distributed Data Processing (Study Objective 8) 493Cloud-Based Databases (Study Objective 9) 495Big Data and Data Analytics (Study Objective 10) 497IT Controls for Data and Databases (Study Objective 11) 499Ethical Issues Related to Data Collection and Storage (Study Objective 12) 499Summary of Study Objectives 502Key Terms 504End of Chapter Material 504Concept Check 504Discussion Questions 505Brief Exercises 506Problems 507Cases 507Solutions to Concept Check 50814 E-Commerce and E-Business 510Introduction to E-Commerce and E-Business (Study Objective 1) 510The History of the Internet (Study Objective 2) 512The Physical Structure and Standards of the Internet (Study Objective 3) 514E-Commerce and Its Benefits (Study Objective 4) 518Privacy Expectations in E-Commerce (Study Objective 5) 522E-Business and IT Enablement (Study Objective 6) 523E-Business Enablement Examples and Digital Transformation (Study Objective 7) 527Intranets and Extranets to Enable E-Business (Study Objective 8) 530Internal Controls for the Internet Intranets and Extranets (Study Objective 9) 532XML and XBRL as Tools to Enable E-Business (Study Objective 10) 533Ethical Issues Related to E-Business and E-Commerce (Study Objective 11) 536Summary of Study Objectives 538Key Terms 540End of Chapter Material 540Concept Check 540Discussion Questions 541Brief Exercises 541Problems 542Cases 542Solutions to Concept Check 543Index I-1