Accounting Information Systems
Solution Manual For
Accounting Information Systems
by Marshall Romney, Paul Steinbart
16th Edition
3-1
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
TABLE OF CONTENT
PART 1: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION
SYSTEMS
1. Accounting Information Systems: An Overview
2. Overview of Transaction Processing and Enterprise Resource Planning Systems
3. Systems Documentation Techniques
PART 2: DATA ANALYTICS
4. Relational Databases
5. Introduction to Data Analytics in Accounting
6. Transforming Data
7. Data Analysis and Presentation
PART 3: CONTROL OF ACCOUNTING INFORMATION SYSTEMS
8. Fraud and Errors
9. Computer Fraud and Abuse Techniques
10. Control and Accounting Information Systems
11. Controls for Information Security
12. Confidentiality and Privacy Controls
13. Processing Integrity and Availability Controls
PART 4: ACCOUNTING INFORMATION SYSTEMS APPLICATIONS
14. The Revenue Cycle: Sales to Cash Collections
15. The Expenditure Cycle: Purchasing to Cash Disbursements
16. The Production Cycle
17. The Human Resources Management and Payroll Cycle
18. General Ledger and Reporting System
PART 5: THE REA DATA MODEL
19. Database Design Using the REA Data Model
20. Implementing an REA Model in a Relational Database
21. Special Topics in REA Modeling
3-2
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
PART 6: THE SYSTEMS DEVELOPMENT PROCESS
22. Introduction to Systems Development and Systems Analysis
23. AIS Development Strategies
24. Systems Design, Implementation, and Operation
3-3
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
Chapter 1
Accounting Information
Systems: An Overview
Suggested Answers To Discussion Questions
1.1 The Value Of Information Is The Difference Between The
Benefits Realized From Using That Information And The
Costs Of Producing It. Would You, Or Any Organization,
Ever Produce Information If Its Expected Costs Exceeded
Its Benefits? If So, Provide Some Examples. If Not,
Why?
Most Organizations Produce Information Only If Its Value
Exceeds Its Cost. However, There Are Two Situations
Where Information May Be Produced Even If Its Cost
Exceeds Its Value.
a. It Is Often Difficult To Estimate Accurately The
Value Of Information And The Cost Of Producing It.
Therefore, Organizations May Produce Information
That They Expect Will Produce Benefits In Excess Of
Its Costs, Only To Be Disappointed After The Fact.
b. Production Of The Information May Be Mandated By
Either A Government Agency Or A Private
Organization. Examples Include The Tax Reports
Required By The IRS And Disclosure Requirements For
Financial Reporting.
1.2 Can The Characteristics Of Useful Information Listed In
Table 1-1 Be Met Simultaneously? Or Does Achieving One
Mean Sacrificing Another?
Several Of The Criteria In Table 1.1 Can Be Met
Simultaneously. For Example, More Timely Information Is
3-4
Copyright (c) 2021 Pearson Education, Inc.
Solution Manual For
Accounting Information Systems
by Marshall Romney, Paul Steinbart
16th Edition
3-1
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
TABLE OF CONTENT
PART 1: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION
SYSTEMS
1. Accounting Information Systems: An Overview
2. Overview of Transaction Processing and Enterprise Resource Planning Systems
3. Systems Documentation Techniques
PART 2: DATA ANALYTICS
4. Relational Databases
5. Introduction to Data Analytics in Accounting
6. Transforming Data
7. Data Analysis and Presentation
PART 3: CONTROL OF ACCOUNTING INFORMATION SYSTEMS
8. Fraud and Errors
9. Computer Fraud and Abuse Techniques
10. Control and Accounting Information Systems
11. Controls for Information Security
12. Confidentiality and Privacy Controls
13. Processing Integrity and Availability Controls
PART 4: ACCOUNTING INFORMATION SYSTEMS APPLICATIONS
14. The Revenue Cycle: Sales to Cash Collections
15. The Expenditure Cycle: Purchasing to Cash Disbursements
16. The Production Cycle
17. The Human Resources Management and Payroll Cycle
18. General Ledger and Reporting System
PART 5: THE REA DATA MODEL
19. Database Design Using the REA Data Model
20. Implementing an REA Model in a Relational Database
21. Special Topics in REA Modeling
3-2
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
PART 6: THE SYSTEMS DEVELOPMENT PROCESS
22. Introduction to Systems Development and Systems Analysis
23. AIS Development Strategies
24. Systems Design, Implementation, and Operation
3-3
Copyright (c) 2021 Pearson Education, Inc.
, Accounting Information Systems
Chapter 1
Accounting Information
Systems: An Overview
Suggested Answers To Discussion Questions
1.1 The Value Of Information Is The Difference Between The
Benefits Realized From Using That Information And The
Costs Of Producing It. Would You, Or Any Organization,
Ever Produce Information If Its Expected Costs Exceeded
Its Benefits? If So, Provide Some Examples. If Not,
Why?
Most Organizations Produce Information Only If Its Value
Exceeds Its Cost. However, There Are Two Situations
Where Information May Be Produced Even If Its Cost
Exceeds Its Value.
a. It Is Often Difficult To Estimate Accurately The
Value Of Information And The Cost Of Producing It.
Therefore, Organizations May Produce Information
That They Expect Will Produce Benefits In Excess Of
Its Costs, Only To Be Disappointed After The Fact.
b. Production Of The Information May Be Mandated By
Either A Government Agency Or A Private
Organization. Examples Include The Tax Reports
Required By The IRS And Disclosure Requirements For
Financial Reporting.
1.2 Can The Characteristics Of Useful Information Listed In
Table 1-1 Be Met Simultaneously? Or Does Achieving One
Mean Sacrificing Another?
Several Of The Criteria In Table 1.1 Can Be Met
Simultaneously. For Example, More Timely Information Is
3-4
Copyright (c) 2021 Pearson Education, Inc.
