Saturday, December 6, 2008

Bus188 Entry 5

According to Answer.com, Accounting Information Systems (AISs) combines the study and practice of accounting with the design, implementation, and monitoring of information systems. Such systems use modern information technology resources together with traditional accounting controls and methods to provide users the financial information necessary to manage their organizations. Therefore, accounting information systems and IT are interrelated.

Friday, December 5, 2008

Bus188 Entry4

I was online and saw this about AIS and thought that it gave a good description on how AIS integrated with IT.

Input The input devices commonly associated with AIS include: standard personal computers or workstations running applications; scanning devices for standardized data entry; electronic communication devices for electronic data interchange (EDI) and e-commerce. In addition, many financial systems come "Web-enabled" to allow devices to connect to the World Wide Web.

Process Basic processing is achieved through computer systems ranging from individual personal computers to large-scale enterprise servers. However, conceptually, the underlying processing model is still the "double-entry" accounting system initially introduced in the fifteenth century.

Output Output devices used include computer displays, impact and nonimpact printers, and electronic communication devices for EDI and e-commerce. The output content may encompass almost any type of financial reports from budgets and tax reports to multinational financial statements.

Thursday, December 4, 2008

Bus188: Entry 3

I have already explained how IT will affects my major at San Jose State however, it will also affect my career. After graduation I will be going to work for Ernst & Young in their Advisory practice focusing on transaction security and risk services. For this, IT is directly related. While I will essentially be doing things such as IT audits and SOX implementation, I will need to have a strong understanding of IT systems. Without the understanding of IT terminology and IT systems, there is no way for me to do my job. Therefore, IT will play an essential role in my career at EY.

Wednesday, December 3, 2008

Bus188 Entry2

IT has a great impact upon my major as well as my career. As I explained earlier, I am an Accounting information systems major and therefore, my major and future career with be directly related to IT. The purpose of an AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information to make decision (wikipedia). Therefore, AIS majors are taught to work their way through a variety of programs and understand what the programs are saying. We are taught how to mitigate risks through the use of controls and how to ensure that there is a segregation of duties.

Tuesday, December 2, 2008

Bus188 Entry 1

So while my major is accounting information systems, IT is directly related to my major. For example, I take classes such as Platform Security and E-Commerce controls, programming and systems development in AIS , and networking and data communications. Therefore, IT will directly affect what I am taught in these classes.

Wednesday, May 16, 2007

"N.Y. attorney general suing Dell"

On May 16th, the New York attorney general filled a lawsuit against Dell for fraud, false advertising, and deceptive business practices. The attorney general said that they have received over 700 complaints against Dell. What the attorney general wants is either for Dell to "Either provide the customer service packages (they) sell or don't sell the packages." According to the article, the lawsuit is going after an unspecified amount of damages to go to affected customers and the state is seeking penalties and costs.

article:
http://www.msnbc.msn.com/id/18694205/

Friday, April 27, 2007

"Wendy's considers possible sale, other options"

Announced on Wednesday, Wendy's the third largest hamburger chain has announced that they have put a committee together to discuss the possible sale of the company. They are third behind McDonald's and Burger King. The committee plans to look at strategic options. The company will not be making announcements as to their progress of the sale or other options. Wendy's revenue is up 2 percent to $590 million from $579 million. Wendy's also sold its Baja Fresh Mexican Grill chain in November and has since then focused on the burger business again. It is said that the sales market is heading in the right direction however, cuts still need to be made.

Article Link:
http://www.msnbc.msn.com/id/18316001/