accounting information system

a system consisting of interrelated manual and computer parts that uses processes such as collecting, recording, summarizing, analyzing and managing data to provide output information to users.

an advanced control system that focuses management's attention on activities with the objective of improving the value received by the activity-based management customer and the profit received by providing this value. It includes driver analysis, activity analysis, and performance evaluation and draws on activity-based costing as a major source of information. learning what is right or wrong in the work environment and choosing business ethics what is right. Certified Internal Auditor an accountant certified to possess the professional qualifications of an (CIA) internal auditor. Certified management an accountant who has satisfied the requirements to hold a certificate Accountant (CMA) in management accounting. Certified Public Accountant an accountant certified to possess the professional qualifications of an (CPA) external auditor. the relentless pursuit of improvement in the delivery of value to continuous improvement customers; searching for ways to increase overall efficiency by reducing waste, improving quality, and reducing costs. controller the chief accountant of an organization. the monitoring of a plan through the use of feedback to ensure that the controlling plan is being implemented as expected. a cost management subsystem designed to assign costs to individual cost accounting information products and services and other objects as specified by system managements. identifies, collects, measures, classifies, and reports information that is cost management useful to managers in costing, planning, controlling, and decision making. decision making the process of choosing among competing alternatives any form of business that is executed using information and electronic commerce communications technology. electronic data interchange an inventory management method that allows suppliers access to a (EDI) buyer's online data base. software that has the objective of providing an integrated system enterprise resource capability--a system that can run all the operations of a company and planning (ERP) software provide access to real-time data from the various functional areas of a company. information that can be used to evaluate or correct steps being taken feedback to implement a plan. financial accounting just-in-time (JIT) manufacturing line position operational control information system performance reports planning the branch of the accounting system that is concerned with the preparation of financial reports for users external to the organization. a demand-pull system that strives to produce a product only when it is needed and only in the quantities demanded by customers. a position in an organization filled by an individual who is directly responsible for carrying out the organization's basic objectives. a cost management subsystem designed to provide accurate and timely feedback concerning the performance of managers and others relative to their planning and control of activities accounting reports that provide feedback to mangers by comparing planned outcomes with actual outcomes. setting objectives and identifying methods to achieve those objectives.

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staff position

supply chain management target cost theory of constraints total quality management treasurer value chain

a position in an organization filled by an individual who provides support for the line function; this, a staff person is only indirectly involved with the basic objectives of an organization. the management of products and services from the acquisition of raw materials through manufacturing, warehousing, distribution, wholesaling, and retailing. the difference between the sale price needed to achieve a projected market share and the desired per-unit profit. method used to continuously improve manufacturing activities. a philosophy that requires managers to strive to create an environment that will enable workers to manufacture perfect (zero-defects) products. the financial officer responsible for the management of cash and investment capital. the set of activities required to design, develop, produce, market, distribute, and service a product (the product an be a service).

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