Question: Why is documentation important to accounting information systems? Why should accountants be interested in AIS documentation?

Why is documentation important to accounting information systems? Why should accountants be interested in AIS documentation?

Step by Step Solution

★★★★★

3.34 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The text provides seven reasons why documenting AISs is important 1 Depicting how the system works ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

102-B-A-I-S (478).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Why is documentation important to global transportation? Briefly describe the primary documents used to facilitate global cargo flows.

Q:

What is end-user computing? Why is documentation important to end-user computing? What guidelines should companies develop to control end-user computing?

Q:

Why is it important to view an AIS as a combination of hardware, software, people, data, and procedures?

Q:

Describe why IT is important to Accounting Information Systems and why accountants should know about this technology.

Q:

Why is documentation important to accounting information systems

Q:

Why is documentation important to accounting information systems?

Q:

1. Why is documentation important to accounting information systems? Why should accountants be interested in AIS documentation? 2. Distinguish between document flow charts, system flowcharts, data...

Q:

Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $150 per unit. Variable expenses are $105 per stove, and fixed expenses associated with...

Q:

Discuss the reasons for documentation in both accounting information systems, IT, and in auditing (flowcharts, DFDs etc.). Focus on DFDs (data flow diagrams), System flowcharts, and Document...

Q:

Accountants generally do not have all of the necessary systems analyst and systems development skills needed to develop accounting information systems. Why should you be interested in project...

Q:

1. A company had total assets of $1,760,000, total cash flows of $1,320,000, and cash flows from operations of $205,000. This implies its cash flow on total assets ratio is equal to _____? 2....

Q:

As a network service provider, XYZ Network Solutions provides high speed network services to many clients such as government, banks, and internet-based businesses. What is the primary security...

Q:

remain flat, what is Trickle's most likely before - tax cost of debt if it issues new bonds today? Select one: a . 4 . 7 8 % b . 6 . 4 6 % c . 7 . 7 0 % d . 9 . 5 6 % e . 1 2 . 5 2 %

Q:

The potentially dilutive effect of convertible securities is reflected in EPS calculations by the if-converted method. Describe this method as it relates to convertible bonds.

Q:

What are the primary provisions of the 1992 COSO Report? The 2004 COSO Report? What is new in the 2013 COSO report?

Q:

What are some criteria that systems designers should consider when developing managerial reports for an AIS? How do system designers know what to include on reports?

Q:

1. Identify the important business events that occur within Hudson Bay Universitys purchase/payment process. 2. What changes would you suggest to the current process to take advantage of information...

Q:

The heights of residents living in a college can be said to be normally distributed with mean 180.9 cm and standard deviation 9.3 cm. Astudent, Rohan, is 166.5 cm tall. 3) Compute the standardised...

Q:

Find the nominal annual rate of interest compounded quarterly that is equivalent to 5,7% compounded monthly The nominal annually compounded rate of interest is % (Round the final answer to four...

Q:

2. Benefits of eating organic. After 5 days, the proportion of fruit flies eating organic soybeans still alive is 0.90, while the proportion still alive eating conventional soybeans is 0.84. The...