ACC 564 Week 2 Assignment 1 Information Needs for the AIS ( 2 Papers )
Week 1 Discussion 1 " Value of Information " Please respond to the following :
Firms realize that in order to make money , they have to invest money . This can be attributed to the information that the firm relies on . As discussed in the text , there are seven characteristics of useful information . From the first e-Activity and assuming that you are CFO of University , identify the top-three characteristics you would rely on the most for improving the profitability of the firm . Provide an example of how each characteristic would directly help the firm in terms of profitability .
On the other hand , public and private firms are accountable to a wide range of regulators and stakeholders . Of the seven characteristics , identify the top three that would be applicable to meeting the needs of regulators and stakeholders . Provide an example of how each characteristic would directly help the firm in terms of meeting the needs of these key regulators and stakeholders .
Week 1 Discussion 2
" Impact of Design of an Accounting Information System ( AIS )" Please respond to the following :
Some of the world ’ s most successful companies ( Fortune 500 ) operate multiple lines of business . Despite this fact , many of these firms rely on a single AIS . From the second e-Activity , for the business you researched , examine how its lines of business would affect the design of a AIS .
If the business was selecting a AIS , examine how the business model would affect the design of a AIS . ===============================================
ACC 564 Week 2 Assignment 1 Information Needs for the AIS ( 2 Papers )