ACCA111

ACCOUNTING INFORMATION SYSTEMS

Good evening class!

COLLEGE OF BUSINESS AND ACCOUNTANCY
ATENEO DE NAGA UNIVERSITY
NAGA CITY
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OPENING PRAYER

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RECAP

❖ INTRODUCTION (TEACHER AND STUDENTS)

❖ REVISIONS INTERIM ACADEMIC POLICIES AND GUIDELINES ON FLEXIBLE
LEARNING (Revised for SY 2022-2023)
❖ SUBJECT INTRODUCTION
❖ COURSE OUTLINE
❖ GRADING SYSTEM
❖ SESSIONS
❖ OTHER REMINDERS

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 SCHEDULE
JANUARY 24-
F2F
F2F
F2F
FEBRUARY 14,
2024

F2F F2F/PL
F2F Asynch

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ACCA111
ACCOUNTING INFORMATION SYSTEMS

COLLEGE OF BUSINESS AND ACCOUNTANCY

ATENEO DE NAGA UNIVERSITY
NAGA CITY
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OBJECTIVES
 Understand the primary information flows within the business environment.
 Understand the difference between accounting information systems and management
information systems.
 Understand the difference between a financial transaction and a nonfinancial
transaction.
 Know the principal features of the general model for information systems.
 Be familiar with the functional areas of a business and their principal activities..
 Understand the stages in the evolution of information systems.
 Understand the relationship between external auditing, internal auditing, and
information technology auditing.
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 TOPICS

 The Information Environment

 Information System Framework
 AIS vs MIS
 Core Functional Areas of an Organization
 The Role of the Accountant

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QUESTION NO. 1

WHAT IS ACCOUNTING?

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 WHAT IS
ACCOUNTING?

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 DATA VS
INFORMATION

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THE INFORMATION ENVIRONMENT

V
E
R
T
I
C
A
L

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HORIZONTAL
QUESTION NO. 2

WHAT IS A SYSTEM?

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 WHAT IS A
SYSTEM?

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 ELEMENTS OF A
SYSTEM

 Multiple
Components
 Relatedness
 System versus
Subsystem
 Purpose

PAYROLL SYSTEM
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AN INFORMATION SYSTEMS FRAMEWORK

 The information system is the set of formal procedures by

which data are collected, processed into information, and
distributed to users.
 Inputs: transactions

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QUESTION NO. 3

What is the difference between a financial

transaction and a non-financial
transaction?

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AN INFORMATION SYSTEMS FRAMEWORK

INPUTS:
 A transaction as an event that affects or is of interest to the organization and is
processed by its information system as a unit of work.
 A financial transaction is an economic event that affects the assets and equities of the
organization, is reflected in its accounts, and is measured in monetary terms.
 Nonfinancial transactions are events that do not meet the narrow definition of a
financial transaction.

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 AN INFORMATION
SYSTEMS FRAMEWORK

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ACCOUNTING INFORMATION SYSTEM

 An accounting information system is a system of

collecting, storing and processing financial and accounting
data that are used by decision makers.

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THE ACCOUNTING INFORMATION SYSTEM SUBSYSTEMS

Transaction Gen Ledger/Financial Management

Processing System Reporting System Reporting System

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MANAGEMENT INFORMATION SYSTEM

 processes nonfinancial transactions that are not normally processed by

traditional AIS

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QUESTION NO. 4

What is the difference between accounting

information systems and management information
systems?

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 AIS VS MIS

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 GENERAL MODEL
FOR ACCTG
INFORMATION
SYSTEM

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 FUCTIONAL
AREAS OF AN
ORGANIZATION

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CORE FUCTIONAL AREAS OF AN ORGANIZATION

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THE EVOLUTION OF INFORMATION SYSTEM MODELS

Manual
Data base
Processing Flat File Model
Model
Model

Oldest/
Stand alone Integrated
traditional

Physical task
Separate Shared
of record
data sets database
keeping
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Data storage, Data Updating, Currency of Information
 MODELS

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ENTERPRISE RESOURCE PLANNING SYSTEMS

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QUESTION NO. 5

What are the role of accountants in information

system?

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THE ROLE OF ACCOUNTANT IN AIS

USER SYSTEM SYSTEM

DESIGNER AUDITOR
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ACCOUNTANTS AS SYSTEM AUDITORS
 AUDITING DEFINED
“An audit is a systematic process
of objectively obtaining and
evaluating evidence regarding
assertions about economic actions
and events to ascertain the degree
of correspondence between these
assertions and established criteria
and communicating the results to
interested users.”

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ACCOUNTANTS AS SYSTEM AUDITORS

 External Auditing (Assurance and IT Auditing)

 Internal Auditing or Operation Audit

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QUESTION NO. 6

What are the relationship between

external auditing, internal auditing,
and information technology
auditing?

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 RELATIONSHIP BETWEEN
EXTERNAL AUDITING,
INTERNAL AUDITING,
AND INFORMATION
TECHNOLOGY
AUDITING

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QUESTIONS????

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QUESTION NO. 7

What is the most interesting topic in tonight’s

discussion?

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QUESTIONS????

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REMINDERS

 QUIZ NEXT MEETING

 F2F SESSION – January 29, 2024 MONDAY
 READ CHAPTER 2: Introduction to Transaction
Processing and CHAPTER 3: Ethics, Fraud and
Internal Control
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 CLOSING PRAYER

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