Advanced Accounting Information Systems

Catalog description

Prerequisite: ACT 388. This course will survey advanced topics, concepts, issues, and technologies relating to accounting information systems (AIS). The AIS serves to (1) capture data about economic events, (2) store, organize, and manipulate information, (3) provide controls, and (4) report accounting and managerial information to internal and external users. The goal of AIS is to provide information for effective decision making. The value of the AIS is a function of the contribution that the information it generates toward supporting better decisions. A number of important factors contribute to the effectiveness of the AIS in generating information to support decision making. These areas include AIS design and implementation as well as internal control functions. The AIS area is also a rapidly growing specialty in the accounting profession and the considerable demand for AIS professionals will undoubtedly continue. This course will review the basic transaction cycles, processes, and controls that should be present in computerized AIS. Students will also engage in the design, development, and implementation of AIS. Other important and emerging issues will also be explored such as Internal Control Frameworks, XBRL, and IT Audit.