D217–AccountingInformationSystems b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
CourseOverview b3
Accounting Information Systems (AIS for short) introduces students to AIS, with particular emphasis on the accountant’s
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
role in management and financial reporting systems. Topics include transaction cycles and related informationtechnology
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
(IT)controls,datamanagement,enterpriseresource planning(ERP)and e-commercesystems, systems development and
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
acquisition, documentation, and IT auditing. D103 Intermediate Accounting I and D104 Intermediate Accounting II are the
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
prerequisites to this course.
b3 b3 b3 b3
GREEN HIGHLIGHTS –STUDYGUIDEOBJECTIVES PERMODULE –note:thetextbook infohas beenchosenforyou
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
CourseOverallStrategy b3 b3
Workthrough each unitinCengage/MindTap per thestudyguideinstructionsdetailedby unitbelow. b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Completethechapter quizzesas you workthrough each unit. b3 b3 b3 b3 b3 b3 b3 b3 b3
There are 2 versions of theunittests. Courseinstructors recommend taking oneversionasyou workthrough each b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
module. Going backthroughthe Cengage/MindTap contentwill be necessaryfor some units. Based on your unit
b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3
test results, consider adding an additional layer of detail to your student notes or progress to the next unit if you
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
are satisfied with your level of competency.
b3 b3 b3 b3 b3 b3 b3
Once youhavebeenthrough all 6units;takethesecond versionoftheUnittestsin onesitting toassessyour PA b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
readiness. Re-review Cengage/MindTap content and student notes as necessary.
b3 b 3 b3 b3 b3 b3 b3 b3 b3
AttemptthePA. Your CIwill offer feedbackonyourPAresults. Reviewfeedbackbefore progressingtoOA. b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3
AttempttheOA. b3 b3
*BeforeI attemptedtheOAandafterIdidthe PA: b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
- Ireviewed the modulethatIwas weakon and studiedthe areasusing thesenotes ANDthemodule quizzes.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
- then Iskimmedthrough thenotesand module quizzesone more time, andwatchedcohort videos1 more time. Note: I
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
felt like the 4th video wasn’t sufÏcient before I even took the OA so I recommend reading Unit 6 and getting to know it.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
UNIT 2:(Competency Weight20%)
b3 b3 b3 b3
OverviewofAccountingInformationSystems –Completethefollowing activities:
b3 b3 b3 b3 b3 b3 b3 b3 b3
€ Read/Listentoallthemodule content. b3 b3 b3 b3 b3
€ Take detailednotesforeachlearningobjectivebelow. Youcan copyandpastedirectlyfrom b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3 b3
Cengage/MindTap into Microsoft word.b3 b3 b3 b3
€ Watch the cohort recording for An Accountant’s Perspective: Accounting Information Systems - An b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Accountant's Perspective. The videos arenotallinclusiveandaremeanttosupplement (notreplace)the
b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
readings. b3
Competency:The graduateanalyzessystemcomponentsandtransaction processes,usinganaccountinginformation system.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Module 1:You should beabletoanswerthefollowingquestions afterstudying thismodule: Thestudentanalyzesthe
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
components of information systems and their importance to accounting.
b3 b3 b3 b3 b3 b3 b3 b3 b3
, D217–AccountingInformationSystems
b3 b3 b3 b3
UpdatedStudyGuide Notes
b3 b3 b3
Recognizethe primaryinformationflows withinthe businessenvironment.
b3 b3 b3 b3 b3 b3 b3 b3
, D217–AccountingInformationSystems b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
Specificinformation objectiveswilldifferfromfirmtofirmasspecificuserneedsvary.Three
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
fundamental objectives are, however, common to all organizations:
b3 b3 b3 b3 b3 b3 b3 b3
1. Tosupportthefirm’sday-to-dayoperations.Operationspersonneluseinformation to
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
assist them in the efÏcient and effective discharge of their daily tasks.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
2. Tosupportmanagementdecision making.Managersuseinformation toassistthem in
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
planning and control decisions related to their areas of responsibility.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
3. To support the stewardship function of management. Stewardship refers to
b3 b3 b3 b3 b3 b3 b3 b3 b3
managers’ responsibility to properly manage the resources of the firm and to report on
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
theiractivities.Externalusersreceivestewardshipinformationthroughtraditional
b3 b3 b3 b3 b3 b3 b3 b3 b3
financial statements and other mandated reports. Internally, managers receive
b3 b3 b3 b3 b3 b3 b3 b3 b3
stewardship information from various responsibility reports.
b3 b3 b3 b3 b3 b3
Differentialbetweenaccountinginformationsystems(AIS)andmanagementinformationsystems(MIS)
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
** MemorizeAIS structure
b3 b3 b3
, D217–AccountingInformationSystems
b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
Differential between financial transactions and nonfinancial transactions. ***KNOW
b 3 b3 b 3 b3 b 3 b3 b 3
The distinction between AIS and MIS centers on the concept of a transaction. The information system accepts inputs,
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
called transactions,which areconvertedthroughvariousprocesses intooutputinformation thatgoes to users.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Transactions fall into two classes: financial transactions and nonfinancial transactions.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
(AIS)processes financialtransaction: aneconomic eventthataffectstheassets andequities oftheorganization, is
b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
reflected in its accounts, and is measured in monetary terms.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
CourseOverview b3
Accounting Information Systems (AIS for short) introduces students to AIS, with particular emphasis on the accountant’s
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
role in management and financial reporting systems. Topics include transaction cycles and related informationtechnology
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
(IT)controls,datamanagement,enterpriseresource planning(ERP)and e-commercesystems, systems development and
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
acquisition, documentation, and IT auditing. D103 Intermediate Accounting I and D104 Intermediate Accounting II are the
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
prerequisites to this course.
b3 b3 b3 b3
GREEN HIGHLIGHTS –STUDYGUIDEOBJECTIVES PERMODULE –note:thetextbook infohas beenchosenforyou
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
CourseOverallStrategy b3 b3
Workthrough each unitinCengage/MindTap per thestudyguideinstructionsdetailedby unitbelow. b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Completethechapter quizzesas you workthrough each unit. b3 b3 b3 b3 b3 b3 b3 b3 b3
There are 2 versions of theunittests. Courseinstructors recommend taking oneversionasyou workthrough each b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
module. Going backthroughthe Cengage/MindTap contentwill be necessaryfor some units. Based on your unit
b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3
test results, consider adding an additional layer of detail to your student notes or progress to the next unit if you
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
are satisfied with your level of competency.
b3 b3 b3 b3 b3 b3 b3
Once youhavebeenthrough all 6units;takethesecond versionoftheUnittestsin onesitting toassessyour PA b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
readiness. Re-review Cengage/MindTap content and student notes as necessary.
b3 b 3 b3 b3 b3 b3 b3 b3 b3
AttemptthePA. Your CIwill offer feedbackonyourPAresults. Reviewfeedbackbefore progressingtoOA. b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3
AttempttheOA. b3 b3
*BeforeI attemptedtheOAandafterIdidthe PA: b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
- Ireviewed the modulethatIwas weakon and studiedthe areasusing thesenotes ANDthemodule quizzes.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
- then Iskimmedthrough thenotesand module quizzesone more time, andwatchedcohort videos1 more time. Note: I
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
felt like the 4th video wasn’t sufÏcient before I even took the OA so I recommend reading Unit 6 and getting to know it.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
UNIT 2:(Competency Weight20%)
b3 b3 b3 b3
OverviewofAccountingInformationSystems –Completethefollowing activities:
b3 b3 b3 b3 b3 b3 b3 b3 b3
€ Read/Listentoallthemodule content. b3 b3 b3 b3 b3
€ Take detailednotesforeachlearningobjectivebelow. Youcan copyandpastedirectlyfrom b3 b3 b3 b3 b3 b3 b3 b 3 b3 b3 b3 b3 b3 b3
Cengage/MindTap into Microsoft word.b3 b3 b3 b3
€ Watch the cohort recording for An Accountant’s Perspective: Accounting Information Systems - An b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Accountant's Perspective. The videos arenotallinclusiveandaremeanttosupplement (notreplace)the
b3 b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
readings. b3
Competency:The graduateanalyzessystemcomponentsandtransaction processes,usinganaccountinginformation system.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Module 1:You should beabletoanswerthefollowingquestions afterstudying thismodule: Thestudentanalyzesthe
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
components of information systems and their importance to accounting.
b3 b3 b3 b3 b3 b3 b3 b3 b3
, D217–AccountingInformationSystems
b3 b3 b3 b3
UpdatedStudyGuide Notes
b3 b3 b3
Recognizethe primaryinformationflows withinthe businessenvironment.
b3 b3 b3 b3 b3 b3 b3 b3
, D217–AccountingInformationSystems b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
Specificinformation objectiveswilldifferfromfirmtofirmasspecificuserneedsvary.Three
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
fundamental objectives are, however, common to all organizations:
b3 b3 b3 b3 b3 b3 b3 b3
1. Tosupportthefirm’sday-to-dayoperations.Operationspersonneluseinformation to
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
assist them in the efÏcient and effective discharge of their daily tasks.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
2. Tosupportmanagementdecision making.Managersuseinformation toassistthem in
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
planning and control decisions related to their areas of responsibility.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
3. To support the stewardship function of management. Stewardship refers to
b3 b3 b3 b3 b3 b3 b3 b3 b3
managers’ responsibility to properly manage the resources of the firm and to report on
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
theiractivities.Externalusersreceivestewardshipinformationthroughtraditional
b3 b3 b3 b3 b3 b3 b3 b3 b3
financial statements and other mandated reports. Internally, managers receive
b3 b3 b3 b3 b3 b3 b3 b3 b3
stewardship information from various responsibility reports.
b3 b3 b3 b3 b3 b3
Differentialbetweenaccountinginformationsystems(AIS)andmanagementinformationsystems(MIS)
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
** MemorizeAIS structure
b3 b3 b3
, D217–AccountingInformationSystems
b3 b3 b3 b3
UpdatedStudyGuide Notes b3 b3 b3
Differential between financial transactions and nonfinancial transactions. ***KNOW
b 3 b3 b 3 b3 b 3 b3 b 3
The distinction between AIS and MIS centers on the concept of a transaction. The information system accepts inputs,
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
called transactions,which areconvertedthroughvariousprocesses intooutputinformation thatgoes to users.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
Transactions fall into two classes: financial transactions and nonfinancial transactions.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
(AIS)processes financialtransaction: aneconomic eventthataffectstheassets andequities oftheorganization, is
b3 b 3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
reflected in its accounts, and is measured in monetary terms.
b3 b3 b3 b3 b3 b3 b3 b3 b3 b3
