Caroline's Candy Shop: An In-Class Role-Play of the Revenue Cycle

2005 ◽  
Vol 19 (1) ◽  
pp. 131-154 ◽  
Author(s):  
David C. Hayes ◽  
J. Kenneth Reynolds
Keyword(s):  
Internal Control ◽  
Business Processes ◽  
Role Play ◽  
Accounting Information ◽  
Internal Controls ◽  
Accounting Information Systems ◽  
Post Test ◽  
Current Article ◽  
Revenue Cycle ◽  
Technological Opportunities

Recently, Bain et al. (2002) emphasized the critical importance of the transaction-processing cycles and internal control topics to undergraduates in an Accounting Information Systems (AIS) course. The current article outlines an in-class, roleplay exercise designed to provide students with a working understanding of the revenue cycle and its related key documents. Additionally, the exercise encourages students to consider risk exposures, internal controls, and technological opportunities to improve business processes. A pre-/post-test reveals that the in-class role-play is a successful learning exercise that significantly increases students' understanding of the revenue cycle. The test also indicates that students enjoy the experience.

Pengembangan Sistem Informasi Siklus Pendapatan pada PT XYZ (Pendekatan Studi Kasus)

2014 ◽  
Vol 5 (1) ◽  
pp. 12-19
Author(s):  
Yohannes Kurniawan ◽  
Janastasha Christie Parapaga
Keyword(s):  
Information System ◽  
Information Systems ◽  
Business Processes ◽  
Design Method ◽  
Accounting Information ◽  
Accounting Information System ◽  
Accounting Information Systems ◽  
Analysis And Design ◽  
Research Goal ◽  
Revenue Cycle

The research goal is to identify and analyze the need of accounting information system related to the revenue cycle at PT XYZ. This paper designing the useful of accounting information systems to support the current business processes, especially on the revenue cycle process. The design method is an Object Oriented Analysis and Design (OOAD) which refers to the modeling and design requirements discipline. And the result achieved by analysis and design of accounting information systems can support current activities of the revenue cycle, especially for the documentation and store of transaction data, and generate reports in accordance with company requirements. Conclusions derived from the analysis and design is the implementation of a webbased application that can help PT XYZ to do the work in different places, such as marketing office, head office and especially at the exhibition. Index Terms - Accounting Information System, revenue cycle, OOAD 

scholarly journals Analisis Sistem Informasi Akuntansi Pembelian dan Persediaan pada PT. XYZ

2015 ◽  
Vol 6 (1) ◽  
pp. 96
Author(s):  
Hanny Juwitasary ◽  
Marlene Martani ◽  
Arya Nata Gani Putra
Keyword(s):  
Information Systems ◽  
Internal Control ◽  
Business Processes ◽  
Raw Materials ◽  
Economic Value ◽  
Accounting Information ◽  
Raw Material ◽  
Accounting Information Systems ◽  
Analysis And Design ◽  
Trading Company

Company faces a business competition that requires the company to survive or be superior to its competitors. PT. XYZ is a trading company engaged in distribution of raw materials and goods of Japanese foodand it needs the support of Accounting Information Systems (AIS) to be applied in all business processes. One of the most important business processes is purchasing and supplying of raw materials. Raw material is a resourceor materials that have a good economic value to be sold directly or processed into finished goods that will be marketed. Therefore, it is important for companies to know how to do a good internal control related to thepurchase and inventory. The methodology used in this research is to conduct a survey on the condition of the company's business processes, the study of literature with the method of analysis and design of Object-Oriented Analysis and Design (OOAD). The results of this study is the analysis and design of purchases accounting information systems, cash expense and inventory that can assist the companies in carrying out business activities and organizing internal control related to the purchase and inventory and to be able to reduce the distortionsthat occur and to maintain the smooth operation of the company. The information systems that are designed are able to help the companies in reducing errors caused by data record error transactions by employees and allow the companies to control the supply of goods.

Towards an Understanding of Accounting Information Systems as a Discipline: A Comparative Analysis of Topical Coverage in AIS and MIS Courses

2009 ◽  
Vol 4 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Uday S. Murthy ◽  
Linda Ragland
Keyword(s):  
Information Systems ◽  
Internal Control ◽  
Management Information Systems ◽  
Accounting Information ◽  
Transaction Processing ◽  
Internal Controls ◽  
Management Information ◽  
Related Field ◽  
Accounting Information Systems ◽  
Sarbanes Oxley

Abstract The accounting information systems (AIS) discipline lacks a sense of identity relative to the closely related field of management information systems (MIS). By identifying how AIS is evolving and what makes AIS unique from MIS, the field can gain a better understanding of its importance. We analyze a sample of syllabi for the introductory AIS and MIS courses, focusing on similarities and differences between the AIS and MIS fields as reflected in the topical coverage choices made by AIS and MIS educators. We also investigate the effects of the passage of the Sarbanes-Oxley Act on topical coverage in the introductory AIS course. The findings reveal that while AIS courses have a unique focus on transaction processing and internal controls relative to MIS courses, more technical topics such as hardware and software issues and IS solutions are covered more commonly in MIS courses rather than AIS courses. We also find that AIS topical coverage has changed since the passage of the Sarbanes-Oxley Act, with a more pronounced focus on internal control and security compared to the pre-Sarbanes Oxley era. The key contribution of this paper is in providing empirical evidence in support of the “intersection view” of AIS, which asserts that while AIS and MIS have some topics in common there are also many issues unique to each field.

Accounting Information Systems Development (Subsystems: Production Process in XYZ Ltd)

2014 ◽  
Vol 624 ◽  
pp. 702-707
Author(s):  
Yohannes Kurniawan ◽  
Siti Elda Hiererra
Keyword(s):  
Information Systems ◽  
Production Process ◽  
Internal Control ◽  
Business Processes ◽  
Process Analysis ◽  
Accounting Information ◽  
Accounting Information Systems ◽  
Analysis And Design ◽  
Business Process Analysis ◽  
Current Business

The aims of this research are to identify and to analyze the need of accounting information systems, including the processes, procedures, and also the documents which related to the production process in XYZ. Next step, We conduct designing accounting information systems which is useful to support current business process. Analysis and design the systems that we conducted, related to the organizational structure and current business processes. Its analysis and design systems based on the theories of accounting information systems, production process and also internal control. The result achieved is an application model, which can assist production process activities, especially in documenting and storing data transaction and also generating reports in accordance with organization’s needs. The conclusion is the implementation of the accounting information systems application which can improve the XYZ’s systems performance and the current business processes. Therefore, it can obtain the required information in a timely and accurately.

scholarly journals PENGARUH SISTEM INFORMASI AKUNTANSI DAN PENGENDALIAN INTERNAL TERHADAP KINERJA PERUSAHAAN (STUDI PADA PERUSAHAAN MANUFAKTUR DI ACEH BARAT)

2020 ◽  
Vol 5 (2) ◽  
pp. 249-256
Author(s):  
Rossa Rossa ◽  
Evayani Evayani
Keyword(s):  
Information Systems ◽  
Palm Oil ◽  
Internal Control ◽  
Accounting Information ◽  
Sampling Technique ◽  
Internal Controls ◽  
Primary Data ◽  
Company Performance ◽  
Accounting Information Systems ◽  
Oil Companies

The research examines the influence of the accounting information systems and internal controls on the company performance. The population in this research is all palm oil companies registered at the Badan Pusat Statistik (BPS) of Aceh Barat.  The sampling technique used is saturation sampling. This research uses primary data which obtained through the questionnire results. The data were collected 68 questioners from 3 palm oil companies. Data were processed using SPSS version 22 and analyzed using multiple linear regression, The results show that (1) accounting information systems and internal controls simultaneously, significantly affecting company performance (2) accounting information systems has a positive and significant effect on company performance (3) internal control has a positive and significant effect on company performance

scholarly journals PENERAPAN SISTEM INFORMASI AKUNTANSI DAN PENGENDALIAN INTERNAL TERHADAP KECURANGAN AKUNTANSI PADA BANK PERKREDITAN RAKYAT KOTA BATAM

2020 ◽  
Vol 4 (2) ◽  
pp. 7
Author(s):  
Dian Efriyenty
Keyword(s):  
Information Systems ◽  
Internal Control ◽  
Accounting Information ◽  
Internal Controls ◽  
Accounting Fraud ◽  
Accounting Information Systems

The phenomenon associated with the occurrence of fraud in BPR is that it is closely related to the role of BPR internal control, which does not systematically oversee leadership in monitoring, evaluating and reporting all processes and stages of activities. As in the case of an error at BPR Nusamba, one of the employees who collects savings and credit installments, must be deposited with client money but extortion occurs on BPR Nusamba cash, with the amount of money reaching Rp 115,429,909. The sample of this study was respondents who received authority in the use of funds in 27 BPR Batam City units. The results of the study stated that partially and simultaneously the application of accounting information systems and internal controls significantly influence accounting fraud.

Redesigning Business Process to Comply with the New Revenue Recognition Standard Using Process Mining

2019 ◽  
Vol 17 (1) ◽  
pp. 149-163
Author(s):  
Yunsen Wang ◽  
Tiffany Chiu ◽  
Victoria Chiu
Keyword(s):  
Business Process ◽  
Business Processes ◽  
Process Mining ◽  
Accounting Information ◽  
Internal Auditing ◽  
Revenue Recognition ◽  
Accounting Information Systems ◽  
Process Framework ◽  
Revenue Cycle ◽  
Transaction Price

ABSTRACT This study proposes a framework and develops a prototype that redesigns revenue cycle business processes to comply with the new revenue recognition standard Revenue from Contracts with Customers (ASU No. 2014-09 FASB 2014). The new standard aims to report the nature, amount, timing, and uncertainty of revenue; however, the accounting literature and profession have raised concerns regarding companies' compliance with the new standard, and urged companies to assess their practices and modify their accounting information systems accordingly. This study utilizes process mining to redesign a revenue cycle business process framework to consider single/multiple performance obligation(s), transaction price allocation, sales discounts granted/forfeited, and sales returns scenarios. In addition, a prototype is developed to detect non-standard sales transactions automatically and identify potential violations of the new standard. Findings in this study contribute to emerging technologies in accounting, internal auditing, and revenue recognition research, and are expected to be of interest to academics and practitioners.

Redesigning Business Process to Comply with the New Revenue Recognition Standard using Process Mining

2019 ◽  
pp. 0000-0000
Author(s):  
Yunsen Wang ◽  
Tiffany Chiu ◽  
Victoria Chiu
Keyword(s):  
Business Process ◽  
Business Processes ◽  
Process Mining ◽  
Accounting Information ◽  
Internal Auditing ◽  
Revenue Recognition ◽  
Accounting Information Systems ◽  
Process Framework ◽  
Revenue Cycle ◽  
Transaction Price

This study proposes a framework and develops a prototype that redesigns revenue cycle business processes to comply with the new revenue recognition standard "Revenue from Contracts with Customers" (ASU No. 2014-09). The new standard aims to report the nature, amount, timing, and uncertainty of revenue, however, the accounting literature and profession have raised concerns regarding companies' compliance with the new standard, and urged companies to assess their practices and modify their accounting information systems accordingly. This study utilizes process mining to redesign revenue cycle business process framework to consider single/multiple performance obligation(s), transaction price allocation, sales discounts granted/forfeited, and sales returns scenarios. In addition, a prototype is developed to detect non-standard sales transactions automatically and identify potential violations of the new standard. Findings in this study contribute to emerging technologies in accounting, internal auditing, and revenue recognition research, and are expected to be of interest to academics and practitioners.

St. Patrick Company: Using Role Play to Examine Internal Control and Fraud Detection Concepts

2003 ◽  
Vol 17 (2) ◽  
pp. 17-39 ◽  
Author(s):  
Diane J. Janvrin
Keyword(s):  
Information Systems ◽  
Internal Control ◽  
Role Play ◽  
Accounting Information ◽  
Fraud Detection ◽  
Control Environment ◽  
Accounting Information Systems ◽  
Control Evaluation ◽  
Audit Standards

This instructional case uses role play to provide students in accounting information systems or auditing with experience in evaluating a firm's internal control environment to assess the likelihood of errors and fraud. The objective is to illustrate how role play can reinforce two important systems/auditing topics: internal control evaluation and fraud detection. The case provides a framework for the discussion of internal control and fraud detection concepts developed in audit standards.

scholarly journals Pengembangan Sistem Informasi Akuntansi untuk Proses Produksi pada PT. Xyz

2014 ◽  
Vol 5 (1) ◽  
pp. 224
Author(s):  
Yohannes Kurniawan ◽  
Devyano Luhukay ◽  
Titan Halim
Keyword(s):  
Information Systems ◽  
Production Process ◽  
Internal Control ◽  
Business Processes ◽  
Design Method ◽  
Accounting Information ◽  
Accounting Information System ◽  
Accounting Information Systems ◽  
Analysis And Design ◽  
Component Architecture

The purpose of the research is to identify and analyze the need of accounting information system for processes, procedures, and documents related to the production process at PT XYZ, which design the useful of accounting information systems to support business processes that occur. The design method used in this research is a method of Object Oriented Analysis and Design (OOAD) with the UML notation, including: use case diagram, class diagram, and component architecture. Analyzes performed related to the organizational structure and business processes based on the theory of accounting information systems production processes and internal control theory. The result achieved by analysis and design of accounting information systems production process is a desktop based application that can assist in the activities of the production process, especially in the documentation and storage of transaction data, and produce reports in accordance with company requirements. Conclusions derived from the analysis and design is the implementation of a desktop based application that can help PT XYZ to improve systems and procedures, so it can obtain the required information on time and accurately.

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