1. What is Information System: The Accountant's Perspective?

An information system is the of formal procedures by which data are collected,

processed into information, and distributed to users.

Information Systems in accountant’s perspective courses tend to be the least

standardized. Often the objectives, background, and orientation of the instructor, rather
than adherence to a standard body of knowledge, determines the direction the AIS
course takes.

Securities and Exchange as part of its governance process has required

accountants to comply with the Code of Corporate Governance to protect its
stakeholders. What is the main reason for this strict compliance of accountants?

Corporate governance is a system of direction, feedback and control using regulations,

performance standards and ethical guidelines to hold the Board and senior
management accountable for ensuring ethical behavior – reconciling long term
customer satisfaction with shareholder value – to the benefit of all stakeholders and
society. It’s purpose is to maximize the organization’s long-term success, creating
sustainable value for its shareholders, stakeholders and the nation.

2. Why there is a need for a responsive Organizational Structure?

To activate the talents of everyone, decisions are pushed to the lowest level in the
organization. World-class companies like TOYOTA motivate and treat employees like
appreciating assets and these results to a responsive organizational structure.

Why automation or Computerization fail in an organization? 

Because even though automation involves using technology to improve the efficiency
and effectiveness of a task in an organization. Too often, however automated system
simply replicates the traditional manual process that it replaces. Unlike re engineering, it
improve operational performance and reduce cost. 

3. The Evolution of Information Systems Models.  Here in the Philippines, where

are we now in terms of readiness with the advent of technology?  What are the
constraints encountered? Example: TIP learning system. Let's check?  

Tip learning system are constrained from advent of technology probably because of
budget which wouldn’t allow the institution to expand its current technology. Also, limited
rooms or facilities to provide additional technology that would improve learning system.
We also need to consider the capacity of students to pay for additional expense for
learning system improvements.
4.What are the Role of Accountants in an Accounting Information System?  Why
Accountant's independence plays a vital role in an automated system? 

ACCOUNTANTS AS USERS

ACCOUNTANTS AS SYSTEM DESIGNERS

ACCOUNTANTS AS SYSTEM AUDITORS

Information reliability rests heavily on the concept of accounting independence. Simply

stated, accounting activities must be separate and independent of the functional areas
that maintain custody of physical resources. For example, accounting monitors and
records the movement of raw materials into production and the sale of finished goods to
customers. Accounting authorizes purchases of raw materials and the
disbursement of cash payments to vendors and employees. Accounting supports these
functions with information but does not actively participate in the physical activities.

“I affirm that I have not given or received any unauthorized help on this assignment, and
that this work is my own.”