Accounting Information
AccountingSystems
Information
Accounting
(Chapters
Systems
Information
1–7)
(Chapters
Systems
– Study
1–7)
(Chapters
Guide
– Study
with
1–7)
Key
Guide
–
Concepts,
Study
with Key
Guide
Review
Concepts,
with
Notes,
Key
Review
Concepts,
and Practice
Notes,
Review
and
Questions.pdf
Practice
Notes, and
Questions.pdf
Practice Questions.pdf
Accounting
Information
Systems (Chapters
1–7) – Study Guide
with Key Concepts,
Review Notes, and
Practice Questions
Accounting Information
AccountingSystems
Information
Accounting
(Chapters
Systems
Information
1–7)
(Chapters
Systems
– Study
1–7)
(Chapters
Guide
– Study
with
1–7)
Key
Guide
–
Concepts,
Study
with Key
Guide
Review
Concepts,
with
Notes,
Key
Review
Concepts,
and Practice
Notes,
Review
and
Questions.pdf
Practice
Notes, and
Questions.pdf
Practice Questions.pdf
,Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
Information System interrelated components (hardware, software, databases, and networks) that
capture raw data (input), transforms it, and reports info in a useful manner
(output)
accounting information system IS specific to accouting and the processing of financial data (AIS needs vary
among different businesses)
Motivations for Profit stockholder expectation of return on investment
reinvestment into company to expand ops
3 types of profit-generating business operations business model
business process
business event
business model an orgs plan for generating profits
considers strategic plans of organization
Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
, Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
5 types of business models (corporate structure) franchises, subscription, freemium, peer-to-peer, direct-to-consumer
business processes facilitates business models
group of related business events to accomplish strategic objectives
3 types of business processes acquisition and payments, conversion processes, mktg/sales/collections
business events economic event data captured by AIS
4 types of business events operating, financing, investing, information
transaction-based AIS antiquated AIS, limited to recording of transactions and did not consider
nonfinancial data
5 common resources needed in acquisition and payment financing, PPE, employees, inventory, and other G/S
processes
Key performance indicators (KPIs) quantifiable metrics used to measure and evaluate company success based on
objectives, used as benchmarks
Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
AccountingSystems
Information
Accounting
(Chapters
Systems
Information
1–7)
(Chapters
Systems
– Study
1–7)
(Chapters
Guide
– Study
with
1–7)
Key
Guide
–
Concepts,
Study
with Key
Guide
Review
Concepts,
with
Notes,
Key
Review
Concepts,
and Practice
Notes,
Review
and
Questions.pdf
Practice
Notes, and
Questions.pdf
Practice Questions.pdf
Accounting
Information
Systems (Chapters
1–7) – Study Guide
with Key Concepts,
Review Notes, and
Practice Questions
Accounting Information
AccountingSystems
Information
Accounting
(Chapters
Systems
Information
1–7)
(Chapters
Systems
– Study
1–7)
(Chapters
Guide
– Study
with
1–7)
Key
Guide
–
Concepts,
Study
with Key
Guide
Review
Concepts,
with
Notes,
Key
Review
Concepts,
and Practice
Notes,
Review
and
Questions.pdf
Practice
Notes, and
Questions.pdf
Practice Questions.pdf
,Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
Information System interrelated components (hardware, software, databases, and networks) that
capture raw data (input), transforms it, and reports info in a useful manner
(output)
accounting information system IS specific to accouting and the processing of financial data (AIS needs vary
among different businesses)
Motivations for Profit stockholder expectation of return on investment
reinvestment into company to expand ops
3 types of profit-generating business operations business model
business process
business event
business model an orgs plan for generating profits
considers strategic plans of organization
Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
, Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
5 types of business models (corporate structure) franchises, subscription, freemium, peer-to-peer, direct-to-consumer
business processes facilitates business models
group of related business events to accomplish strategic objectives
3 types of business processes acquisition and payments, conversion processes, mktg/sales/collections
business events economic event data captured by AIS
4 types of business events operating, financing, investing, information
transaction-based AIS antiquated AIS, limited to recording of transactions and did not consider
nonfinancial data
5 common resources needed in acquisition and payment financing, PPE, employees, inventory, and other G/S
processes
Key performance indicators (KPIs) quantifiable metrics used to measure and evaluate company success based on
objectives, used as benchmarks
Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf Accounting Information Systems_ Ch 1-7.pdf
