Accounting Information Systems (13th Edition) by Marshall B. Romney, Paul J. Steinbart PDF

Leadership

By Marshall B. Romney, Paul J. Steinbart

ISBN-10: 0133428532

ISBN-13: 9780133428537

For undergraduate and graduate classes in AIS

The market-leading textual content with the main complete, versatile assurance of AIS available.

This market-leading textual content can provide the main finished and versatile insurance of the our significant techniques to instructing AIS, whereas permitting teachers the pliability to reorder chapters and concentration the fabric to fit their person direction wishes. This new version has been up-to-date to hide all the most up-to-date advancements in AIS and to teach AIS has replaced the jobs of an accountant.

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Extra info for Accounting Information Systems (13th Edition)

Sample text

They can also access person-to-person payment applications as well as social networking and personal financial management tools connected to bank ­accounts. Over 70% of USAA’s logins are from cell phone users. Required a. Why should USAA collect data on which auto parts are fixed most frequently? What could it do with this data? b. Even though USAA offered to waive the deductible, the repair shops still managed to convince 95% of the owners to replace rather than repair their damaged windshields.

Business process - A set of related, coordinated, and structured activities and tasks, performed by a person, a computer, or a machine that help accomplish a specific organizational goal. Information Needs Scott and Susan decide they must understand how S&S functions before they can identify the information they need to manage S&S effectively. Then they can determine the types of data and procedures they will need to collect and produce that information. ) Which vendors Which media Content Markup percentage Offer in-house credit Which credit cards to accept If offering credit, what terms How to handle cash receipts Cash flow projections Pro forma financial statements Loan amortization schedule Capacity needs Building and equipment prices Market study Tax tables and depreciation regulations Acquire building and equipment Hire and train employees Acquire inventory Advertising and marketing Sell merchandise Collect payments from customers Pay employees Amount to pay Deductions and withholdings Process payroll in-house or use outside service Pay taxes Payroll tax requirements Sales tax requirements Pay vendors Whom to pay When to pay How much to pay Job descriptions Applicant job history and skills Market analyses Inventory status reports Vendor performance Cost analyses Market coverage Pro forma income statement Credit card costs Customer credit status Customer account status Accounts receivable aging report Accounts receivable records Sales (for commissions) Time worked (hourly employees) W-4 forms Costs of external payroll service Government regulations Total wage expense Total sales Vendor invoices Accounts payable records Payment terms 6 Part I Conceptual Foundations of Accounting Information Systems transaction - An agreement between two entities to exchange goods or services, such as selling inventory in exchange for cash; any other event that can be measured in economic terms by an organization.

For example, an automobile manufacturer receives, handles, and stores steel, glass, and rubber. Operations activities transform inputs into final products or services. For example, assembly line activities convert raw materials into a finished car. Outbound logistics activities distribute finished products or services to customers. An example is shipping automobiles to car dealers. Marketing and sales activities help customers buy the organization’s products or services. Advertising is an example of a marketing and sales activity.

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Accounting Information Systems (13th Edition) by Marshall B. Romney, Paul J. Steinbart


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