Accounting Information System
· Definition of system
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· Definition of information system
· What is accounting information system
· Functions of AIS
· AIS vs. MIS
· AIS Model
· Information Flow
· Basics of accounting information
· Data & information
· Transforming data into information
· Characteristics of useful information
· Hardware and Software elements of information systems
Documenting Transaction Cycles
· Financial Transaction
· Manual accounting system vs. Computer- based accounting system
· Document techniques
· Data Flow Diagrams
· System Flow charts
Transaction Cycles
· Objectives of revenue cycle
· Sources & forms of data inputs, process and data outputs in revenue cycle
· File oriented approach
· Data management approach
Transaction Cycles
· The Expenditure Cycle 1: Purchases and Cash Disbursements,
· The Expenditure Cycle 2: Payroll processing and Fixed Assets procedures
AIS Development Strategies
· Purchasing software
· End user developed software
· Outsourcing of software
· Computer-aided software engineering
· Benefits & drawbacks of AIS strategies
Advanced Technologies in Accounting Information
· Data base management system,
· REA approach to business modeling,
· Enterprise Resource Planning Systems
Computer Fraud and Abuse in AIS
· Common treats to AIS
· Definition of fraud
· Forms of fraud & Fraud triangle
· Computer fraud and its classification
· Auditor’s responsibilities to detect fraud
Auditing-Computer based Accounting Systems
· Audit and audit process
· Information system audit
· Process of computer based information system audit Lab on Accounting Software