INTRODUCTION TO
ACCOUNTING
INFORMATION SYSTEMS
Accounting — An Information Process
Identification
of Users
Accounting — An Information Process
Identification
of Users
User
Information
Needs
Accounting — An Information Process
Identification
of Users
User
Information
Needs
Accounting
System
Accounting — An Information Process
Identification
of Users
User
Information
Needs
Economic Data
and Activities
Accounting
System
Accounting — An Information Process
Identification
of Users
User
Information
Needs
Economic Data
and Activities
Accounting
System
Reports
Accounting — An Information Process
Identification
of Users
User
Information
Needs
Economic Data
and Activities
Accounting
System
Reports
User
Decisions
Users of Accounting Information
Financial Accounting
EXTERNAL USERS
•
•
•
•
•
investors
creditors
regulators
customers
competitors
Users of Accounting Information
Financial Accounting
EXTERNAL USERS
•
•
•
•
•
investors
creditors
regulators
customers
competitors
Managerial Accounting
INTERNAL USERS
• owners
• managers
• employees
Business Process &
Accounting Information System
Activities that happen
at a particular point in
time
Events
Group related events that
typically occur in a
particular sequence
An Acquisition
(Purchasing)
Cycle
Transaction
Cycles
A Conversion
Cycle
A Revenue Cycle
USES OF
ACCOUNTING INFORMATION SYSTEMS
Producing
External (Special)
Reports
Supporting
Routine
Activities
Accounting
Information
Systems
investors
creditors
Regulatory agencies
Taking
customer
Orders
Delivering
goods and
services
Which products
are selling well ?
Planning
And
Control
Budget
Standard
Costs
policies
procedures
others
Billing
customers
Decision
Support
Implementing
Internal
Control
Tax collectors
others
Collecting
cash
Which customers
are doing the
most buying ?
others
Revenues
others
Expenses
Maintain accurate
financial data
Access
data
Error
Check
others