Core Concepts of Accounting Information Systems, 12th Edition

Chapter 1

Accounting Information Systems and the Accountant

INTRODUCTION

WHAT ARE ACCOUNTING INFORMATION SYSTEMS?

Accounting Information Systems—A Definition

Accounting Information Systems and Their Role in Organizations

WHAT’S NEW IN ACCOUNTING INFORMATION SYSTEMS?

Cloud Computing—Impact for Accountants

Sustainability Reporting

Suspicious Activity Reporting

Forensic Accounting, Governmental Accountants, and Terrorism

Corporate Scandals and Accounting

ACCOUNTING AND IT

Financial Accounting

Managerial Accounting

Auditing

Taxation

CAREERS IN ACCOUNTING INFORMATION SYSTEMS

Traditional Accounting Career Opportunities

Systems Consulting

Certified Fraud Examiner

Information Technology Auditing and Security

AIS AT WORK—CONSULTING WORK FOR CPAS

SUMMARY

KEY TERMS YOU SHOULD KNOW

TEST YOURSELF

DISCUSSION QUESTIONS

PROBLEMS

CASE ANALYSES

The Annual Report

Performance Management Company

The CPA Firm

READINGS AND OTHER RESOURCES

ANSWERS TO TEST YOURSELF

After reading this chapter, you will:

1. Be able to distinguish between such terms as “systems,” “information systems,” “information technology,” and “accounting information systems.”

2. Learn how information technology (IT) influences accounting systems.

3. Be familiar with suspicious activity reporting.

4. Understand how financial reporting is changing with advances in IT, such as XBRL.

5. Appreciate how IT allows management accountants to use business intelligence to create dashboards and scorecards.

6. Know why auditors provide a variety ...