Accounting Information Systems and Internal Control 2e

Accounting Information Systems and Internal Control provides comprehensive approaches to the design and evaluation of internal control systems. In doing so, it covers both the traditional process approach that focuses on individual organizational processes, and a contemporary typology approach that focuses on different types of organizations as unique combinations of organizational processes. In both approaches and throughout the text, IT is considered an integral part and enabler of internal control.

The second edition of Accounting Information Systems and Internal Control:
* Places internal control in the context of other related disciplines.
* Discusses contemporary developments in the field of internal control.
* Explores the relationship between internal control and management control as means to achieve organizational control.
* Examines the dynamics of internal control and IT.
* Provides tools and techniques for documenting and evaluating internal control systems.
* Discusses the process approach to designing and evaluating internal control systems.
* Introduces the contemporary typology approach to designing and evaluating internal control systems, focusing on internal controls that are applicable in various types of organization, including trade, production, service (including knowledge intensive firms and telecoms), financial industry and governmental organizations.
* Illustrates practical internal control issues using articles from several major international newspapers such as the Financial Times, the Guardian, The New York Times and the Washington Post.
Accounting Information Systems and Internal Control has been written for students in Accounting Information Systems and Internal Control courses at advanced undergraduate, graduate and postgraduate levels. A website accompanies the book and provides case studies, PowerPoint slides, an instructor's manual together with questions and answers: www.wileyeurope.com/college/vaassen

Accounting Information Systems and Internal Control covers traditional internal control systems and discusses these in conjunction with contemporary management control systems. There is less of a focus of technology and more on organizational issues, which contributes to the books managerial approach.    With the revival of internal control as a feature of corporate governance practice, this text offers an in-depth discussion of the subject. This is explained with references to information technology, as it is an inherent component for the growth of any organization.    Each chapter contains references to small and mid-sized organizations to highlight differences between the control systems in each of these.

About the Authors Preface Part 1: Foundations of internal control Chapter 1 Organizations and their Systems Chapter 2 Internal control Chapter 3 Bridging the gap between internal control and management control Chapter 4 The Dynamics of Control and IT Chapter 5 Documenting and evaluating internal control systems Part 2: Internal control in various organizational processes Chapter 6 Organizational processes Chapter 7 The purchasing process Chapter 8 The inventory process Chapter 9 The production process Chapter 10 The sales process Chapter 11 Secondary processes Part 3: Internal control in various types of organizations Chapter 12 Typology of organizations Chapter 13 Trade organizations Chapter 14 Production organizations Chapter 15 Service organizations with a limited flow of goods Chapter 16 Service organizations that put space and electronic capacity at their customers disposal Chapter 17 Service organizations that put knowledge and skills at their customers disposal Chapter 18 Governmental and other not-for-profit organizations Bibliography Glossary Index