CH2 Transaction Processing in the AIS

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Research Process (Kuhlthau)

Elizabeth Dolingerにより

Coding

Gregory Aidanにより

Comportamiento del Consumidor

Harrison Rodriguezにより

Introduction to Accounting by iCPA

Paul Santosにより

CH2 Transaction Processing in the AIS

Human Judgement and IT

Estimating amounts and interpreting accounting rules

Recognizing recordable transactions

Designing Source Documents

Coding Systems

Mnemonic Codes

Help people remember the meaning of the code. An example would be course prefixes at a university such as Acct.

Hierarchical Codes

Each digit/block of digits conveys important information to people who know the code.

Block Coding

Numbers are assigned in blocks; each block is reserved for a particular kind of account. For example, all current assets may start with a "1", while equity accounts might start with a "5".

Sequential Coding

Numbers items in a sequence

Accounting and Bookkeeping

Bookkeeping

Recording Transactions

Accounting

Accounting is more than just bookeeping. It goes into concerning itself with identifying those transactions and communicating information for decision making.

Accounting Cycle

Prepare a post-closing trial balance

Close the temporary accounts to RE

Prepare financial Statements

Income Statement

Statement of OE

Balance Sheet

Statement of Cash Flows

Prepare an adjusted trial balance

Record adjusting entries and post to the general ledger accounts

Prepare an unadjusted trial balance

Post from journal to general ledger accounts

Record transactions in journal

Analyze transactions

Obtain information