Podcast
Questions and Answers
What degree did Mark G. Simkin earn from Brandeis University?
What degree did Mark G. Simkin earn from Brandeis University?
- Ph.D.
- M.S.
- A.B. (correct)
- M.B.A.
Which university is Jacob M. Rose associated with as a professor?
Which university is Jacob M. Rose associated with as a professor?
- Texas A&M University
- University of California, Berkeley
- University of Hawaii
- University of New Hampshire (correct)
What role did Mark G. Simkin hold in California, Hawaii, and Nevada?
What role did Mark G. Simkin hold in California, Hawaii, and Nevada?
- Auditor
- Financial Analyst
- Research Analyst
- Computer Consultant (correct)
In which journal has Mark G. Simkin NOT published?
In which journal has Mark G. Simkin NOT published?
At which university did Jacob M. Rose serve as director of the Master of Science in Accounting Program?
At which university did Jacob M. Rose serve as director of the Master of Science in Accounting Program?
How many articles has Mark G. Simkin authored?
How many articles has Mark G. Simkin authored?
What prestigious exam did Jacob M. Rose pass?
What prestigious exam did Jacob M. Rose pass?
At which institution did Mark G. Simkin teach before joining the University of Nevada?
At which institution did Mark G. Simkin teach before joining the University of Nevada?
What is a primary function of an accounting information system (AIS)?
What is a primary function of an accounting information system (AIS)?
Which area is NOT typically supported by AIS?
Which area is NOT typically supported by AIS?
What role do non-accountants have in relation to an AIS?
What role do non-accountants have in relation to an AIS?
For effective use of information created by an AIS, what is essential from individuals in subsystems?
For effective use of information created by an AIS, what is essential from individuals in subsystems?
The study of AISs is best characterized by what aspect?
The study of AISs is best characterized by what aspect?
In which area are AISs commonly NOT employed?
In which area are AISs commonly NOT employed?
Which of the following is NOT a function of AIS?
Which of the following is NOT a function of AIS?
What defines an accounting information system (AIS)?
What defines an accounting information system (AIS)?
Why have managers become frustrated with traditional overhead cost assignment methods?
Why have managers become frustrated with traditional overhead cost assignment methods?
How do activity-based costing (ABC) systems benefit organizations?
How do activity-based costing (ABC) systems benefit organizations?
What strategic advantage does implementing ABC systems provide?
What strategic advantage does implementing ABC systems provide?
What was a significant outcome for Chrysler after implementing activity-based costing?
What was a significant outcome for Chrysler after implementing activity-based costing?
In which area is corporate performance measurement (CPM) particularly useful?
In which area is corporate performance measurement (CPM) particularly useful?
What is a key characteristic of responsibility accounting?
What is a key characteristic of responsibility accounting?
What significant shift has occurred in the use of ABC techniques in recent years?
What significant shift has occurred in the use of ABC techniques in recent years?
What benefit does ABC provide for e-commerce businesses?
What benefit does ABC provide for e-commerce businesses?
What is one of the main focuses of Part One of the book?
What is one of the main focuses of Part One of the book?
What significant topic is covered in Chapter 4?
What significant topic is covered in Chapter 4?
Which chapter discusses the tools used for documenting business processes?
Which chapter discusses the tools used for documenting business processes?
What does the chapter on Information Technology Auditing primarily explore?
What does the chapter on Information Technology Auditing primarily explore?
Which of the following best defines 'Normalization' as mentioned in Chapter 3?
Which of the following best defines 'Normalization' as mentioned in Chapter 3?
What is discussed in relation to internal control systems in Chapter 9?
What is discussed in relation to internal control systems in Chapter 9?
Which chapter introduces the concept of 'Electronic Business'?
Which chapter introduces the concept of 'Electronic Business'?
What type of processes does Chapter 7 focus on regarding accounting information systems?
What type of processes does Chapter 7 focus on regarding accounting information systems?
What does Chapter 15 introduce related to accounting software?
What does Chapter 15 introduce related to accounting software?
Which chapter focuses on computer crimes and ethical issues?
Which chapter focuses on computer crimes and ethical issues?
In which chapter can you find the concept of 'Business Process Reengineering'?
In which chapter can you find the concept of 'Business Process Reengineering'?
What is a key element discussed in Chapter 13 regarding accounting systems?
What is a key element discussed in Chapter 13 regarding accounting systems?
Which chapter primarily discusses 'Computer Controls'?
Which chapter primarily discusses 'Computer Controls'?
Which chapter emphasizes the importance of documentation in accounting information systems?
Which chapter emphasizes the importance of documentation in accounting information systems?
What is an important criticism of traditional accounting information systems (AIS)?
What is an important criticism of traditional accounting information systems (AIS)?
How has the definition of an AIS evolved in recent years?
How has the definition of an AIS evolved in recent years?
What does cloud computing enable accountants to do?
What does cloud computing enable accountants to do?
Which of the following best describes how AISs are perceived today?
Which of the following best describes how AISs are perceived today?
What is one common misconception about AISs in relation to business activities?
What is one common misconception about AISs in relation to business activities?
What role do corporate accountants play in regards to AIS?
What role do corporate accountants play in regards to AIS?
What is a major benefit of subscription-based cloud computing for accountants?
What is a major benefit of subscription-based cloud computing for accountants?
Why might a professional basketball team's financial reports not capture the hiring of a new player?
Why might a professional basketball team's financial reports not capture the hiring of a new player?
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Study Notes
About the Authors
- Mark G. Simkin: Holds an A.B. from Brandeis University, an MBA and Ph.D. from UC Berkeley. Currently a professor at the University of Nevada, with teaching experience across various universities including Hawaii and Japan. Authored over 100 articles in reputable journals.
- Jacob M. Rose: Earned B.B.A, M.S., and Ph.D. from Texas A&M University. Director of the Master of Science in Accounting Program at the University of New Hampshire. Former auditor at Deloitte and Touche, recognized as a top instructor in accounting.
- Carolyn S. Norman: Acknowledged for her contributions to supplementary materials for the textbook.
Acknowledgments
- Gratitude expressed to families, instructors, adopters, and students for feedback and support during the writing process.
Content Overview
- The textbook is structured into five parts covering introductory concepts in Accounting Information Systems (AIS), databases, documenting business processes, internal controls, and special topics in AIS.
Introduction to Accounting Information Systems
- AIS defined as a collection of data and processing procedures that generates needed information for users.
- AIS supports various accounting areas including payroll, accounts payable, budgeting, and more.
- Purpose of AIS is to enhance decision-making and streamline business processes across different departments.
Importance of Information vs. Data
- Accounting functions as an information system that collects, processes, and distributes financial data to stakeholders.
- Modern AISs capture both financial and non-financial information to aid comprehensive organizational analysis.
Recent Changes in Accounting Information Systems
- Emergence of cloud computing, providing scalable IT solutions over the Internet, eliminating the need for heavy investments in infrastructure.
- Activity-Based Costing (ABC) is gaining traction, allowing for more accurate overhead cost assignments based on specific activities rather than labor metrics.
Corporate Performance Measurement
- Corporate Performance Measurement (CPM) systems enable managers to link inefficiencies with specific departments or individuals.
- These systems facilitate monitoring and managing organizational performance effectively.
Significant Concepts and Applications
- Cloud computing increases IT capacity without the necessity for major upgrades, benefiting accountants through subscription-based services.
- ABC has transformed cost management strategies, often leading organizations, like Chrysler, to significant cost savings and production efficiencies by outsourcing costly manufacturing parts.
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