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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.
- 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.
- 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.
- 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.
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.
Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.
Instructor's Companion Website
Save time with the important resources you need, which are instantly accessible on the Web, with this helpful Instructor's Companion Website. You'll find the Solutions Manual, Test Bank in Microsoft® Word, and helpful PowerPoint® slides for class presentations, all password-protected and ready for quick download as you need them.