How ais supports organizational strategy

Assignment Help Accounting Basics
Reference no: EM13863819

Q1 We will get a clearer picture of how AIS supports organizational strategy if we could come up with some examples.

For instance, if a hospital's strategy this year is to reduce uncollectible/bad debt accounts from 5% to 3% of expected gross charges (revenues) in order to invest in new technology and provide quality services, how could AIS support this strategy?

Q2 Excellent discussions here! I'm enjoying the discussions. From a systems approach, we could analyze the accountant's interaction with the AIS in terms of 1) input 2) Process and 3) Output. How is the accountant involved in AIS implementation? Which department(s) does system analysis? Who is the owner of the AIS?

Who is involved in testing? Who approves system acquisitions? Who provides accounting/business rules for system development?

The questions above could help us broaden our responses to the question "What is the role of accountants in AIS implementation?

 

Reference no: EM13863819

Questions Cloud

Account for income tax by corporation : Account for income tax by a corporation) During 2012, the Martell Heights Corp. income statement reported income of $500,000 before tax. The company’s income tax return filed with the IRS showed taxable income of $440,000. At the beginning of 2012, M..
Report errors and fraud as detected to management : report errors and fraud as detected to management
Evaluation of the agreement : Review the physician employment agreement and submit an evaluation of the agreement from the perspective of the EMPLOYEE Physician
What is the total amount of product cost listed : Lettman Corporation has provided the following partial listing of costs incurred during November: Marketing salaries ($45,000) Property taxes, factory ($9,000), Administrative travel ($98,000). What is the total amount of product cost listed above? W..
How ais supports organizational strategy : We will get a clearer picture of how AIS supports organizational strategy if we could come up with some examples.
Analyze the impact of business transactions on accounts : Learning Objectives 4, 5, 6: Analyze the impact of business transactions on accounts; record (journalizes and post) transactions in the books; The five-day weekly payroll is $6,100 and will be paid on Friday. Requirement 2 Prepare adjusted trial bala..
What will be the tax effect of the redemption to calvin : Calvin owns 40% of the outstanding shares of Copernicus Corp., which has accumulated earnings and profits of $100,000 as of December 31, Year 1. Copernicus distributes cash of $250,000 in redemption of all of Calvin's stock. If Calvin's adjusted basi..
Current replacement cost of the ending inventory : R1. At April 30, the accountant for the restaurant determines that the current replacement cost of the ending inventory is $515. Make any adjusting entry needed to apply the lower-of-cost-or market rule. Inventory would be reported on the balance she..
Determine the current average cost per meal : Nature’s Garden, a new restaurant situated on a busy highway in Pomona, California, specializes in a chef’s salad selling for $7. Daily fixed cost are $1,200 and variable costs are $4 per meal. Determine the current average cost per meal

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd