Accounting Information Systems, 15th edition

Published by Pearson (May 9, 2020) © 2021

  • Marshall B Romney Brigham Young University
  • Paul J. Steinbart Arizona State University
  • Scott L. Summers Brigham Young University
  • David A. Wood Brigham Young University

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For 1-semester accounting information system (AIS) courses.

A market-leading text with the most comprehensive, flexible coverage of AIS available

Accounting Information Systems delivers unprecedented coverage of these types of financial systems. The text examines how developments in IT affect business processes and controls, the effect of recent regulatory developments on the design and operation of AISs, and how accountants can use AISs to add value to an organization.

Covering the most recent updates in the field, the 15th Edition shows how AISs have changed the role of an accountant. It also prepares students for a successful accounting career in public practice, industry or government.

Hallmark features of this title

Student-focused features

  • Chapter-opening cases introduce important material and reinforce key concepts. Case summaries present solutions to the issues raised in the cases.
  • Problems, pulled from current periodicals and CPA, CMA, CIA, and SMAC exams, let students practice answering exam-style questions.
  • Extensive use of graphics enhances students' understanding of the concepts through hundreds of figures, diagrams, flowcharts and tables.

A flexible organization

  • Easily reorder chapters to focus on the material most appropriate for your courses. And add third-party content or your own that you wish to cover in class.
  • Choose an alternate version of the REA material presented in Ch. 19 to 21.
  • Online instructor support is available at: pearsonhighered.com/romney/.

New and updated features of this title

The latest developments in AISs

  • NEW: A section on Data Analytics (Part 2) updates discussion of relational databases as one of the sources for big data and analytics. It also discusses the Extract, Transfer, and Load process and various data analytic techniques.
  • UPDATED: Discussion of encryption includes blockchain technology.
  • UPDATED: Commentary on privacy includes the European Union's General Data Privacy Regulation.
  • UPDATED: Coverage of auditing has been moved to a web-only appendix.

Dynamic content brings concepts to life

  • UPDATED: Focus Boxes and real-world examples help students understand how companies are using the latest IT developments to improve their AIS.
  • UPDATED: Hands-On Excel exercises, many based on “how-to” tutorials that have appeared in recent issues of the Journal of Accountancy, help readers hone their computer skills.

Features of Revel for the 15th Edition; published 2020

  • Self-paced Journaling Prompts throughout the narrative encourage students to express their thoughts without breaking stride in their reading.
  • Assignable Shared Writing Activities direct students to share written responses with classmates, fostering peer discussion.
  • Essays integrated directly within Revel allow instructors to assign the precise writing tasks they need for the course.
  • Highlighting, note taking and a glossary let students read and study however they like. Educators can also add notes for students, including reminders or study tips.

PART I: CONCEPTUAL FOUNDATIONS OF ACCOUNTING INFORMATION SYSTEMS

  1. Accounting Information Systems: An Overview
  2. Overview of Transaction Processing and Enterprise Resource Planning Systems
  3. Systems Documentation Techniques

PART II: DATA ANALYTICS

  1. Relational Databases
  2. Introduction to Data Analytics in Accounting
  3. Transforming Data
  4. Data Analysis and Presentation

PART III: CONTROL OF ACCOUNTING INFORMATION SYSTEMS

  1. Fraud and Errors
  2. Computer Fraud and Abuse Techniques
  3. Control and Accounting Information Systems
  4. Controls for Information Security
  5. Confidentiality and Privacy Controls
  6. Processing Integrity and Availability Controls

PART IV: ACCOUNTING INFORMATION SYSTEMS APPLICATIONS

  1. The Revenue Cycle: Sales to Cash Collections
  2. The Expenditure Cycle: Purchasing to Cash Disbursements
  3. The Production Cycle
  4. The Human Resources Management and Payroll Cycle
  5. General Ledger and Reporting System

PART V: THE REA DATA MODEL

  1. Database Design Using the REA Data Model
  2. Implementing an REA Model in a Relational Database
  3. Special Topics in REA Modeling

PART VI: THE SYSTEMS DEVELOPMENT PROCESS

  1. Introduction to Systems Development and Systems Analysis
  2. AIS Development Strategies
  3. Systems Design, Implementation, and Operation

About our authors

Marshall B. Romney is the John and Nancy Hardy Professor in the Marriott School of Management at Brigham Young University. He holds a Bachelor's and Master's degree from BYU and a PhD degree from the University of Texas at Austin. Marshall has published 10 different books and over 100 articles in academic and professional journals. He is the recipient of 8 research grants. He has taught for or consulted with over 50 different organizations. Marshall is a past president of the Information Systems section of the AAA. He was a member of both the Information Technology Executive Committee and the IT Practices Subcommittee of the AICPA. He was the chairman of the Information Technology committee for the Utah Association of CPAs, who presented him with the outstanding chairperson award. At BYU, Marshall is the Chairperson of the Information Systems Department and is the director of both the graduate and undergraduate Information Systems programs.

Paul John Steinbart is a Professor in the Department of Information Systems in the W. P. Carey School of Business at Arizona State University where he teaches graduate courses on information security and an undergraduate course on accounting information systems. His research interests include issues concerning the usability of information security solutions, individuals' information security behaviors, effective governance of information security, and the effects of information technology on decision making. He has published his research in leading academic journals such as MIS Quarterly, Information Systems Research, the Journal of the Association for Information Systems, Decision Sciences, and The Accounting Review. He is also the co-author of the undergraduate textbook Accounting Information Systems published by Prentice-Hall. Steinbart also serves as the ISACA Academic Advocate at Arizona State University.

Scott L. Summers completed his PhD at Texas A&M University having earned degrees at Brigham Young University. Professor Summers has taught at Texas A&M, University of Missouri – Columbia, and currently holds the Andersen Professorship at Brigham Young University Marriott School of Business. Professor Summers specializes in database and in the control environment. He participated in the development of ISACA's 4.0 COBiT framework. He has published numerous articles in both academic and practitioner journals, several of which have received awards. He currently teaches accounting information systems, database, and data analytics.

David A. Wood is a professor and the Andersen Fellow in the Brigham Young University Marriott School of Business. David completed his PhD at Indiana University. He received BS and MAcc degrees at Brigham Young University and a Masters of Business at Indiana University. At BYU, David teaches accounting data analytics and accounting information systems. David has over 100 publications of articles in respected academic and practitioner journals, monographs, books, and cases. His research has won multiple accounting and ethics best paper awards. David is actively involved with the EY Academic Resource Center in producing cutting-edge accounting curriculum.

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