Enterprise Resources Planning, Accounting Information Systems, and Other Information Systems (Completed)

The digital transformation of business is well underway. Many business thought leaders believe that Chief Financial Officers (CFO’s) should lead the digital and business transformation, and that CFO’s need to assure that everyone in their organization has the tools to make the right decisions, from to supply chain, product and service management, sales and marketing, human resources, finance, accounting, and treasury.

Technology is no longer a luxury or “nice to have”; it’s a “must-have” that sets enterprises apart from the competition. A strong technology base centers on information systems - interconnected pieces that include Enterprise Resources Planning (ERP), Accounting Information Systems (AIS), data warehouses, and performance management.

Who Should Attend
Financial officers, controllers and chief financial officers; financial, managerial and cost accountants; financial and business analysts; budget managers and analysts; risk managers; chief information officers and information technology professionals.

Topics Covered

• Role of Accounting information systems (AIS)
• AIS life cycle
• Integration of financial and non-financial systems
• Enterprise resource planning (ERP), database management systems
• Data warehouses
• Enterprise performance management (EPM)

Learning Objectives

• Identify the role of the accounting information system (AIS) in the information value chain
• Recognize accounting information system cycles, including revenue to cash, expenditures, production, human resources and payroll, financing, and property, plant, and equipment, as well as the general ledger (GL) and reporting systems
• Identify and explain the challenges of having separate financial and nonfinancial systems
• Describe enterprise resource planning (ERP) and identify and explain the advantages and disadvantages of ERP
• Recognize how ERP helps overcome the challenges of separate financial and nonfinancial systems, integrating all aspects of an organization's activities
• Describe relational database and demonstrate an understanding of a database management system
• Describe a data warehouse
• Describe enterprise performance management (EPM), also known as corporate performance management (CPM) or business performance management (BPM)
• Recognize how EPM can facilitate business planning and performance management

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None