Corporate Accounting Information Systems

955 Pages·2007·11.13 MB·English

by  Tony Boczko

Tony Boczko
CCoorrppoorraattee AAccccoouunnttiinngg
Tony Boczko
Information Systems
Corporate Accounting
I C
n
We live in a competitive world dominated almost exclusively by fl ows of knowledge and information by f o Information Systems
technologies designed not only to sustain but also increase the socio-economic need and desire for more o
and more information. This book offers a unique insight into the nature, role and context of accounting r
related information within the competitive business environment, and explores how business organisations r p
m
- in particular companies - use a range of theories, practices, and technologies to manage and control
o
fl ows of data, information and resources, and maximise the wealth of organisational stakeholders.
a r
a
t
Key aims: i t
o
e
• promote an understanding of the role of corporate accounting information systems in the
n
maintenance, regulation and control of business related resources
A
• develop an appreciation and understanding of the practical issues and organisation problems
S
involved in managing contemporary accounting information systems c
• promote an understanding of the political contexts of contemporary accounting information systems y
c
• develop a recognition of the importance of information and communication technology in corporate
s
accounting information systems management, development and design o
• promote an understanding of the importance of effective information management and transaction t
processing controls in reducing risk, and e u
• provide a framework for the evaluation of corporate transaction processing cycles, systems and m n
processes
t
s in
g
From systems thinking and control theories, to network architectures Tony
and topologies, to systems analysis and design, Corporate Accounting
Information Systems provides students at all levels with a rigorous and Boczko
lively exploration of a wide range of accounting information systems
related issues, and offers a practical insight into the management
and control of such systems in today’s ever changing technology
driven environment.
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Corporate Accounting
Information Systems
Visit the Corporate Accounting Information Systems
Companion Website at www.pearsoned.co.uk/boczko
to find valuable student learning material including:
n Multiple choice questions to test your learning
n Revision notes and questions to help you check your
understanding
n An online glossary to exaplain key terms

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We work with leading authors to develop the
strongest educational materials in accounting,
bringing cutting-edge thinking and best
learning practice to a global market.
Under a range of well-known imprints, including
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Tony Boczko
Corporate Accounting
Information Systems

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Pearson Education Limited
Edinburgh Gate
Harlow
Essex CM20 2JE
England
and Associated Companies throughout the world
Visit us on the World Wide Web at:
www.pearsoned.co.uk
First published 2007
© Pearson Education Limited 2007
The right of Tony Boczko to be identified as author of this work has been
asserted by him in accordance with the Copyright, Designs and Patents Act 1988.
All rights reserved. No part of this publication may be reproduced, stored in a
retrieval system, or transmitted in any form or by any means, electronic, mechanical,
photocopying, recording or otherwise, without either the prior written permission of the
publisher or a licence permitting restricted copying in the United Kingdom issued by the
Copyright Licensing Agency Ltd, Saffron House, 6–10 Kirby Street, London EC1N 8TS.
All trademarks used herein are the property of their respective owners. The use of any
trademark in this text does not vest in the author or publisher any trademark ownership rights
in such trademarks, nor does the use of such trademarks imply any affiliation with or
endorsement of this book by such owners.
ISBN: 978-0-273-68487-9
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library
10 9 8 7 6 5 4 3 2 1
10 09 08 07

Typeset in 9.5/12pt Minion by 35
Printed and bound in China CTPSC/01
The publisher’s policy is to use paper manufactured from sustainable forests.
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For Janine, Christopher James, and
Jessica Leigh . . . and of course Max

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Brief contents
List of articles xviii
List of examples xx
List of figures xxi
List of tables xxv
Introduction xxvi
Topics covered xxx
Acknowledgements xxxv
Part 1 A contextual framework 1
Overview 2
Chapter 1 Information systems in accounting and finance:
a contemporary overview 3
Chapter 2 Systems thinking: understanding the connections 31
Chapter 3 Control theories: management by design 80
Part 2 Accounting information systems:

a contemporary perspective 111
Overview 112
Chapter 4 AIS and ICT: welcome to the information age 113
Chapter 5 Network architectures and topologies: making connections 178
Chapter 6 Contemporary transaction processing: categories, types, cycles
and systems 230
Chapter 7 Data management, data processing and databases:
storage and conversion 265
Part 3 Transaction processing cycles 355
Overview 356
Chapter 8 Corporate transaction processing: the revenue cycle 357
Chapter 9 Corporate transaction processing: the expenditure cycle 422
Chapter 10 Corporate transaction processing: the conversion cycle 488
Chapter 11 Corporate transaction processing: the management cycle 536
vii
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Brief contents
Chapter 12 From e-commerce to m-commerce and beyond:
ICT and the virtual world 610
Part 4 Risk, security, surveillance and control 671
Overview 672
Chapter 13 Risk and risk exposure: fraud management and computer crime 673
Chapter 14 Internal control and system security: minimising loss and
preventing disaster 727
Chapter 15 Accounting information systems audit: towards a world of CAATs 771
Chapter 16 Accounting information systems development: managing change 821
Index 905

viii
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Contents
List of articles xviii
List of examples xx
List of figures xxi
List of tables xxv
Introduction xxvi
Topics covered xxx
Acknowledgements xxxv
Part 1 A contextual framework 1
Overview 2
1 Information systems in accounting and finance: a contemporary overview 3
Introduction 3
Learning outcomes 4
Globalisation and the changing world – the need for information 4
Competitive advantage and wealth maximisation 7

Business management and the need for information 8
Information – toward a political context 10
Accounting information systems – nature, context and purpose 11
Contemporary contexts of corporate accounting information systems 15
Corporate accounting information systems – social and political context 21
Corporate accounting information systems – problems and fallacies 23
Corporate accounting information systems – a contextual framework 25
Concluding comments 26
Key points and concepts 26
References 26
Bibliography 27
Websites 27
Self-review questions 28
Questions and problems 28
Assignments 29
Chapter endnotes 30
ix
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