13 May Define an accounting information system (AIS), and explain characteristics of useful information.
Define an accounting information system (AIS), and explain characteristics of useful information.
Distinguish among data, information, and an information system.
Explain how AIS affects firm value.
Describe how AIS assists the firm in its internal business processes.
Assess how AIS facilitates the firm’s external business processes.
Assess the impact of AIS on firm profitability and stock prices.
Instructions
Customer relationship management (CRM), enterprise resource management, and supply chain management (SCM) software are covered in the first chapter of your book. These tools have been around for some time, but companies today are increasingly relying on them. Whether it is a commercial off-the-shelf program, cloud-based, or custom, companies spend millions on testing and transitioning to this software.
What has been your experience with these software packages? Have you been involved in an implementation and, if so, how did it go?
If you have had no experience with these software packages, search for an article dealing with the implementation or use of any of the three and provide an opinion-based review of the article.
Use what you have learned so far from your text and previous accounting classes. This discussion posting should be no fewer than 250 words, and you should properly cite any sources you use in APA format. Please post a response to one classmate, minimum 150 words, comparing your experience with theirs.
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