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"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.
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