Higher Education

Accounting Information Systems, 8th Edition

  • James A. Hall Lehigh University
  • ISBN-10: 1111972141  |  ISBN-13: 9781111972141
  • 840 Pages
  • Previous Editions: 2011, 2008, 2007
  • © 2013 | Published
  • College Bookstore Wholesale Price = $269.50
  • Newer Edition Available
  *Why an online review copy?
  • It's the greener, leaner way to review! An online copy cuts down on paper and on time. Reduce the wait (and the weight) of printed texts. Your online copy arrives instantly, and you can review it anytime from your computer or favorite mobile device.

If you prefer a print copy to review, please contact your representative.

About

Overview

The eighth edition of ACCOUNTING INFORMATION SYSTEMS provides thorough and up-to-date coverage of accounting information systems and related technologies. It features an early presentation of transaction cycles, as well as an emphasis on ethics, fraud, and the modern manufacturing environment. The book focuses on the needs and responsibilities of accountants as end users of systems, systems designers, and auditors. The text completely integrates of Sarbanes-Oxley as it affects internal controls and other relevant topics. This new edition also includes discussions on the risks and advantages of cloud computing, the differences between the accounting system needs of small and large companies, and a thorough update of PART II: TRANSACTION CYCLES AND BUSINESS PROCESSES.

Features and Benefits

  • CONCEPTUAL FRAMEWORK: ACCOUNTING INFORMATION SYSTEMS, 8th Edition employs a conceptual framework to emphasize the professional and legal responsibility of accountants, auditors, and management for the design, operation, and control of AIS applications. The conceptual framework presented in this book distinguishes AIS applications that are legally subject to specific internal control standards from those that are not.
  • EVOLUTIONARY APPROACH: Because there are always multiple accounting systems in circulation at any given time, this text presents the salient aspects of five models that relate to both legacy and state-of-the-art systems to prepare students for what they might encounter in their careers. The five models covered are: 1. manual processes, 2.flat-file systems, 3. the database approach, 4. the resources, events, and agents (REA) model, 5. enterprise resource planning systems.
  • INTERNAL CONTROLS EMPHASIS: The book presents a conceptual model for internal control based on Statement on Auditing Standards (SAS) No. 109 and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) frameworks. This SAS 78/COSO model is used to discuss control issues for both manual processes and computer-based information systems (CBIS). Three chapters (Chapters 15, 16 and 17) are devoted to the control of CBIS.
  • EXPOSURE TO SYSTEMS DESIGN AND DOCUMENTATION TOOLS: This book examines various approaches and methodologies used in systems analysis and design, including structured design, object-oriented design, computer-aided software engineering (CASE), and prototyping.
  • VARIOUS DOCUMENTATION TECNIQUES: Various documentation techniques such as data flow diagrams (DFDs), entity relationship diagrams (ERDs), as well as system and program flowcharts are covered to specify the key features of systems. Multiple systems design and documentation cases and assignments develop the students' competency with these tools.
  • TRANSACTION ANALYSIS APPROACH : The author's transaction analysis approach to AIS focuses on sources of data, key tasks, accounting records, and internal controls that comprise business cycles.

Table of Contents

PART I: OVERVIEW OF ACCOUNTING INFORMATION SYSTEMS.
1. The Information System: An Accountant's Perspective.
2. Introduction to Transaction Processing.
3. Ethics, Fraud, and Internal Control.
PART II: TRANSACTION CYCLES AND BUSINESS PROCESSES.
4. The Revenue Cycle.
5. The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures.
6. The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures.
7. The Conversion Cycle.
8. Financial Reporting and Management Reporting Systems.
PART III: ADVANCED TECHNOLOGIES IN ACCOUNTING INFORMATION.
9. Database Management Systems.
10. The REA Approach to Business Process Modeling.
11. Enterprise Resource Planning Systems.
12. Electronic Commerce Systems.
PART IV: SYSTEMS DEVELOPMENT ACTIVITIES.
13. Managing the Systems Development Life Cycle.
14. Construct, Deliver, and Maintain Systems Project.
PART V: COMPUTER CONTROLS AND AUDITING.
15. IT Controls Part I: Sarbanes-Oxley and IT Governance.
16. IT Controls Part II: Security and Access.
17. IT Controls Part III: Systems Development, Program Changes, Application Controls.
Glossary.
Subject Index.

What's New

  • REVISED CHAPTER ONE: Chapter One: The Information System: An Accountant's Perspective has been simplified and shortened by eliminating the introductory material on systems theory. The author has also reduced the level of detail regarding centralized versus distributed processing.
  • NEW CLOUD COMPUTING COVERAGE: Cloud computing issues have been integrated throughout the textbook, as needed. Issues surrounding cloud computing are introduced in Chapter One and discussed in more detail within Chapter Twelve: Electronic Commerce Systems and Chapter Fifteen: IT Controls Part I: Sarbanes-Oxley and IT Governance.
  • UPDATED CHAPTER THREE: Chapter Three: Ethics, Fraud, and Internal Controls has been revised to be compliant with SAS 109. SAS 78, which was the official pronouncement and the basis for this chapter, was replaced with SAS 109.
  • REVISED PART II: TRANSACTION CYCLES AND BUSINESS PROCESSES: Chapters 4 thru 6 have been significantly revised to more clearly distinguish between small business systems and large corporate systems. While both small and large companies use technology, the mix of manual activities to automation generally differs with firm size. This mix is a continuum where, at one end smaller companies rely more on manual activities and controls whereas at the other end larger companies rely more heavily on automation and computer controls. The focus of this aspect of the chapters will be on how the risks and control issues change as the mix of manual activities and automaton changes.

Meet the Author

Author Bio

James A. Hall

James A. Hall is a Professor of Accounting, Co-Director of the Computer Science and Business program, and the Peter E. Bennett Chair in Business and Economics at Lehigh University in Bethlehem, PA. After his discharge from the U.S. Army, he entered the University of Tulsa in 1970 and received a BSBA in 1974 and an MBA in 1976. He earned his Ph.D. from Oklahoma State University in 1979. Hall has worked in the field of systems analysis and computer auditing, and has served as consultant in these areas to numerous organizations. Dr. Hall has published articles in the JOURNAL OF ACCOUNTING, AUDITING & FINANCE, JOURNAL OF MIS, COMMUNICATIONS OF THE ACM, JOURNAL OF MANAGEMENT SYSTEMS, MANAGEMENT ACCOUNTING, JOURNAL OF COMPUTER INFORMATION SYSTEMS, THE JOURNAL OF ACCOUNTING EDUCATION, THE REVIEW OF ACCOUNTING INFORMATION SYSTEMS, and other professional journals. He is also the author of ACCOUNTING INFORMATION SYSTEMS, 9E, published by South-Western College Publishing. His research interests include internal controls, computer fraud, and IT outsourcing.