From your course textbook, Accounting Information Systems, 13th Edition. Pearson, read the following chapters:
Chapter 1: Accounting information systems: An overview
Chapter 2: Overview of Transaction Processing and Enterprise Resource Planning Systems
Assignment:
Respond to the assigned questions using the lessons/class lectures, textbook chapters and vocabulary found in the reading. Answer each question separately. Support your answers with examples and research and cite your sources using the APA format.
Question 1:
How can the value of the information produced by an accounting information system be determined?
From your course textbook, Accounting Information Systems, refer to the table “Characteristics of Useful Information” in the chapter “Accounting Information Systems: An Overview.” To what extent can all the characteristics of useful information listed in the table be simultaneously met? What are the reasons the characteristics might not be interrelated?
Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advantages and disadvantages of this approach?
Question 2:
From your course textbook, Accounting Information Systems, read the section “Integrative Case: S&S, Inc.” in the chapter “Accounting Information Systems: An Overview.” Apply the value chain concept to S&S, Inc. Explain how it performs the various primary and support activities.
How can a well-designed AIS improve the efficiency and effectiveness of a company’s value chain?
