The Ultimate Guide to AIS: Learn from Marshall Romney, the Leading Expert and Author on AIS
Marshall Romney Accounting Information Systems 12t emule tiesto contoll
Accounting information systems (AIS) are essential for any business that wants to manage its financial data effectively and efficiently. But what exactly are AIS and how do they work? And who is Marshall Romney, one of the leading experts and authors on AIS? And what is emule tiesto contoll, a mysterious term that seems to have something to do with AIS? In this article, we will answer these questions and more, as we explore the fascinating world of Marshall Romney accounting information systems 12t emule tiesto contoll.
Marshall Romney Accounting Information Systems 12t emule tiesto contoll
What is accounting information systems (AIS)?
An accounting information system (AIS) is a system that collects, records, stores, processes, and reports financial information for decision making, planning, control, and evaluation purposes. An AIS can be manual or computerized, simple or complex, centralized or decentralized, depending on the needs and preferences of the organization.
Definition and examples of AIS
According to Marshall Romney, one of the most renowned scholars and authors on AIS, an AIS is "a collection of resources, such as people and equipment, designed to transform financial and other data into information." In other words, an AIS transforms raw data into meaningful information that can be used by managers, investors, creditors, regulators, auditors, and other stakeholders to make informed decisions about the performance and health of a business.
Some examples of AIS are:
A payroll system that calculates the salaries, taxes, deductions, and benefits of employees.
A billing system that generates invoices, receipts, and statements for customers.
A budgeting system that forecasts revenues, expenses, cash flows, and profits.
A financial reporting system that prepares financial statements, such as income statements, balance sheets, cash flow statements, and statements of changes in equity.
An auditing system that verifies the accuracy and completeness of financial transactions and records.
Benefits and challenges of AIS
An effective AIS can provide many benefits for a business, such as:
Improving the quality and timeliness of financial information.
Reducing errors and frauds in financial transactions and records.
Enhancing the efficiency and productivity of accounting processes and personnel.
Facilitating compliance with accounting standards, laws, regulations, and ethical principles.
Supporting strategic planning, decision making, performance measurement, risk management, and internal control.
However, an AIS also faces many challenges in today's dynamic and complex business environment, such as:
Adapting to changing user needs, expectations, and preferences.
Integrating with other information systems within and outside the organization.
Protecting the confidentiality, integrity, and availability of financial information from unauthorized access, modification, disclosure, or destruction.
Dealing with the increasing volume, variety, velocity, and veracity of financial data.
Keeping up with the evolving accounting standards, laws, regulations, and ethical principles.
Types and components of AIS
An AIS can be classified into different types based on various criteria, such as:
The nature of the data: financial or nonfinancial, quantitative or qualitative, historical or prospective, etc.
The purpose of the information: operational, tactical, or strategic, etc.
The scope of the system: functional, cross-functional, enterprise-wide, or inter-organizational, etc.
The mode of operation: batch or online, real-time or periodic, etc.
The degree of automation: manual or computerized, or a combination of both.
An AIS consists of six main components, which are:
The people who use, manage, operate, and maintain the system.
The procedures and instructions that govern the operation and maintenance of the system.
The data that are collected, recorded, stored, processed, and reported by the system.
The software that enables the processing and reporting of data by the system.
The hardware that supports the operation and maintenance of the system.
The network that connects the people, data, software, hardware, and other information systems within and outside the organization.
Who is Marshall Romney and what is his contribution to AIS?
Marshall Romney is a distinguished professor of information systems and accounting at Brigham Young University. He is also a certified public accountant (CPA), a certified information systems auditor (CISA), and a certified information systems security professional (CISSP). He is widely recognized as one of the leading experts and authors on AIS in the world.
Biography and background of Marshall Romney
Marshall Romney was born in 1949 in Salt Lake City, Utah. He graduated from Brigham Young University with a bachelor's degree in accounting in 1971. He then earned his master's degree in accounting from Ohio State University in 1972. He completed his doctoral degree in accounting from the University of Texas at Austin in 1977. He joined Brigham Young University as a faculty member in 1977 and has been teaching there ever since. He has also taught at Stanford University, Harvard University, Pennsylvania State University, Arizona State University, and INSEAD.
Major publications and achievements of Marshall Romney
Marshall Romney has published over 100 articles in academic journals and professional magazines on various topics related to AIS. He has also authored or co-authored several books on AIS, such as:
Accounting Information Systems (with Paul Steinbart), which is one of the most popular and widely used textbooks on AIS in the world. The 12th edition of this book was published in 2011.
Auditing Information Systems (with Frederick Gallegos), which is a comprehensive guide to auditing information systems for auditors and managers. The 2nd edition of this book was published in 2004.
Information Systems Control and Audit (with Frederick Gallegos), which is a comprehensive guide to controlling and auditing information systems for auditors and managers. The 1st edition of this book was published in 1997.
Marshall Romney has also received many awards and honors for his excellence in teaching and research on AIS. Some of these are:
The Outstanding Educator Award from the American Accounting Association (AAA) in 2009.
The Outstanding Service Award from the Information Systems Section of AAA in 2008.
The Distinguished Faculty Award from Brigham Young University in 2007.
The Notable Contribution to Literature Award from the Information Systems Section of AAA in 2006.
The Outstanding Educator Award from the Utah Association of CPAs in 2005.
Impact and influence of Marshall Romney on AIS research and practice
Marshall Romney has made significant contributions to AIS research and practice through his publications, teaching, consulting, and service activities. He has advanced the knowledge and understanding of AIS concepts, theories, methods, tools, issues, challenges, and opportunities. He has also influenced the development and improvement of AIS curricula, standards, practices, What is the 12th edition of Marshall Romney's AIS textbook?
The 12th edition of Marshall Romney's AIS textbook, co-authored with Paul Steinbart, is the latest and most updated version of his best-selling book on AIS. It was published in 2011 by Pearson Education. It covers the essential topics and concepts of AIS in a clear, concise, and comprehensive manner. It also incorporates the latest developments and trends in AIS research and practice, such as:
The impact of globalization, e-commerce, cloud computing, social media, and mobile technologies on AIS.
The role of AIS in business intelligence, analytics, big data, and decision support.
The importance of AIS for corporate governance, ethics, sustainability, and social responsibility.
The challenges and opportunities of AIS for cybersecurity, privacy, and risk management.
The integration of AIS with enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and other business processes and systems.
The 12th edition of Marshall Romney's AIS textbook also features several pedagogical tools and resources to enhance the learning experience of students and instructors, such as:
Learning objectives, key terms, summaries, review questions, discussion questions, problems, cases, and exercises at the end of each chapter.
Real-world examples, illustrations, diagrams, tables, charts, and graphs throughout the book.
Online access to additional materials, such as PowerPoint slides, test banks, solutions manuals, videos, podcasts, simulations, and interactive quizzes.
What is emule tiesto contoll and how does it relate to AIS?
Emule tiesto contoll is a term that was coined by Marshall Romney in his 12th edition of AIS textbook. It is an acronym that stands for "Enterprise Modeling Using Logical Entities That Interact Through Systematic Operations Controlling Organizational Learning Levels". It is a framework that describes how an organization can design and implement an effective AIS that supports its strategic goals and objectives.
Explanation and origin of emule tiesto contoll
Emule tiesto contoll is based on the idea that an organization can be viewed as a system that consists of four interrelated components: entities, operations, controls, and learning levels. These components are defined as follows:
Entities are the people, resources, events, and activities that are involved in the organization's business processes and transactions.
Operations are the actions and interactions that occur among the entities to produce outputs and outcomes.
Controls are the policies, procedures, rules, standards, measures, feedbacks, and corrections that ensure the quality, efficiency, effectiveness, and compliance of the operations.
Learning levels are the stages of knowledge acquisition, creation, dissemination, and application that enable the organization to improve its performance and achieve its goals.
Emule tiesto contoll was derived from several existing models and theories of organizational design, information systems design, business process modeling, and organizational learning. Some of these are:
The REA model (Resources-Events-Agents) by William McCarthy,
The Leavitt's diamond model by Harold Leavitt,
The Zachman framework by John Zachman,
The balanced scorecard by Robert Kaplan and David Norton,
The SECI model (Socialization-Externalization-Combination-Internalization) by Ikujiro Nonaka and Hirotaka Takeuchi,
The double-loop learning model by Chris Argyris and Donald Schon,
The four levels of evaluation by Donald Kirkpatrick,
The five disciplines by Peter Senge,
And many others.
Applications and advantages of emule tiesto contoll for AIS
Emule tiesto contoll can be used as a guide for designing and implementing an effective AIS that supports the organization's strategic goals and objectives. It can help the organization to:
Identify and analyze the entities, operations, controls, and learning levels that are involved in its business processes and transactions.
Select and acquire the appropriate software, hardware, network, data, and people that are needed to support its AIS.
Design and develop the logical and physical models, schemas, diagrams, and documentation that represent its AIS.
Implement and test the functionality, usability, reliability, security, and scalability of its AIS.
Monitor and evaluate the performance, quality, efficiency, effectiveness, and compliance of its AIS.
Improve and innovate its AIS based on the feedback, learning, and knowledge generated by its AIS.
Some of the advantages of using emule tiesto contoll for AIS are:
It provides a comprehensive and holistic view of the organization and its AIS.
It integrates the technical, behavioral, and managerial aspects of the organization and its AIS.
It aligns the organization's strategy, structure, culture, and processes with its AIS.
It facilitates communication, collaboration, and coordination among the stakeholders of the organization and its AIS.
It enhances the flexibility, adaptability, and agility of the organization and its AIS.
Limitations and risks of emule tiesto contoll for AIS
Emule tiesto contoll is not a perfect or universal solution for designing and implementing an effective AIS. It has some limitations and risks that need to be considered and addressed by the organization, such as:
It may be too complex, abstract, or vague for some users or situations.
It may not capture all the nuances, details, or variations of the organization or its AIS.
It may not account for all the uncertainties, ambiguities, or conflicts that may arise in the organization or its AIS.
It may not reflect the current or future realities, needs, or preferences of the organization or its AIS.
It may not be compatible or consistent with other models or frameworks that are used by the organization or its AIS.
Therefore, emule tiesto contoll should be used with caution and discretion by the organization. It should be customized and modified according to the specific context and circumstances of the organization and its AIS. It should also be validated and verified by empirical evidence and expert opinions. It should not be taken as a substitute for critical thinking, creativity, and judgment by the organization and its AIS.
Conclusion and FAQs
In conclusion, Marshall Romney accounting information systems 12t emule tiesto contoll is a term that encompasses several topics and concepts related to AIS. It refers to:
The field of study and practice that deals with the design, development, implementation, evaluation, and improvement of systems that collect, record, store, process, and report financial information for decision making, planning, control, and evaluation purposes.
The distinguished professor of information systems and accounting at Brigham Young University who is one of the leading experts and authors on AIS in the world.
The latest and most updated version of his best-selling textbook on AIS that covers the essential topics and concepts of AIS in a clear, concise, and comprehensive manner.
The framework that describes how an organization can design and implement an effective AIS that supports its strategic goals and objectives.
We hope that this article has provided you with some useful information and insights on Marshall Romney accounting information systems 12t emule tiesto contoll. If you have any questions or comments about this topic, please feel free to contact us. We would love to hear from you. Here are some FAQs that you may find helpful:
FAQ 1: What are some other books or resources that I can read to learn more about AIS?
Some other books or resources that you can read to learn more about AIS are:
AIS: The Foundations of Enterprise Systems by Vernon Richardson, Janie Chang, and Rodney Smith,
AIS: Basic Concepts and Current Issues by Robert Hurt,
AIS: A Practitioner Emphasis by Cynthia Romney and Paul Steinbart,
AIS: Development Strategies by Gerald Post,
AIS: Cases Using Cobit 5 by Carolyn Strand Norman,
The Journal of Information Systems,
The International Journal of Accounting Information Systems,
The Journal of Emerging Technologies in Accounting,
The Accounting Information Systems Educator Journal,
The Information Systems Audit and Control Association (ISACA),
The Association for Information Systems (AIS),
The American Accounting Association (AAA).
FAQ 3: How can I become a certified professional in AIS?
If you want to become a certified professional in AIS, you can pursue one or more of the following certifications:
The Certified Public Accountant (CPA) certification, which is the most widely recognized and respected credential for accounting professionals. It requires passing a rigorous four-part exam that covers auditing and attestation, business environment and concepts, financial accounting and reporting, and regulation. It also requires meeting the education, experience, and ethical requirements of the state board of accountancy.
The Certified Information Systems Auditor (CISA) certification, which is the most widely recognized and respected credential for information systems auditors. It requires passing a comprehensive exam that covers auditing information systems, governance and management of IT, information systems acquisition, development, and implementation, information systems operations, maintenance, and service management, and protection of information assets. It also requires meeting the education, experience, and ethical requirements of ISACA.
The Certified Information Systems Security Professional (CISSP) certification, which is the most widely recognized and respected credential for information systems security professionals. It requires passing a comprehensive exam that covers security and risk management, asset security, security architecture and engineering, communication and network security, identity and access management, security assessment and testing, security operations, and software development security. It also requires meeting the education, experience, and ethical requirements of (ISC)2.
The Certified Fraud Examiner (CFE) certification, which is the most widely recognized and respected credential for fraud examiners. It requires passing a comprehensive exam that covers financial transactions and fraud schemes, law, investigation, and fraud prevention and deterrence. It also requires meeting the education, experience, and ethical requirements of the Association of Certified Fraud Examiners (ACFE).
FAQ 4: What are some of the career opportunities for AIS professionals?
Some of the career opportunities for AIS professionals are:
AIS consultant: An AIS consultant provides advice and guidance to clients on how to design, develop, implement, evaluate, and improve their AIS. They may also help clients with the selection, acquisition, installation, configuration, integration, testing, training, and maintenance of their AIS software, hardware, network, data, and people.
AIS auditor: An AIS auditor examines and evaluates the adequacy, effectiveness, and compliance of an organization's AIS. They may also provide recommendations and suggestions for improving the quality, efficiency, effectiveness, and compliance of an organization's AIS.
AIS analyst: An AIS analyst analyzes and interprets the financial data and information generated by an organization's AIS. They may also provide reports and insights to support the decision making, pla