Chapter 7
Accounting Information Systems and Business Processes: Part I
Overview of the Financial Accounting Cycle
COLLECTING AND REPORTING ACCOUNTING INFORMATION
From Source Documents to Output Reports
Objectives of the Sales Process
Objectives of the Purchasing Process
Inputs to the Purchasing Process
Outputs of the Purchasing Process
CURRD:\aravinda\2014\june\12\wileyENT TRENDS IN BUSINESS PROCESSES
Business Processes Outsourcing (BPO)
Business Process Management Software
AIS AT WORK—ECONOMIC DOWNTURN PROMOTES ONSHORING
Food Court Inc. (Sales Process)
Larkin State University (Purchasing Process)
After reading this chapter, you will:
1. Know the steps in the financial accounting process.
2. Understand the use of journals and ledgers in processing accounting transactions.
3. Recognize different types of coding systems used by AISs.
4. Understand why planning an AIS begins with the design of outputs.
5. Recognize the objectives, inputs, and outputs of the sales and purchasing processes.
6. Understand why businesses choose outsourcing and offshoring of business processes.
Business is no longer just about increasing ...
Get Core Concepts of Accounting Information Systems, 12th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
