SUBJECT: ACCOUNTING INFORMATION SYSTEM

TIME: 10:30 AM TO 1:30 PM

eLMS : Access code: ASJO-XYHA : kindly enroll
AGULLANA, JOANNE GARCIA
BSA | 
2 PRESENT
2 AY19-0578
ALBAIRA, BRYAN CHRISTIAN AMORANTE
BSA | 2 PRESENT
3 AY18-1016
ALISBO, CARL IVAN BATAN
BSAIS | 2 PRESENT
4 AY19-0088
ANCERO, SHELLA MAE DU
BSA | 2 PRESENT
5 AY19-1565
ANITAN, GLENN MARK F.
BSA | 2 present
6 AY19-1043
ANTIOQUIA, JALEN ROSE ALTOVEROS
BSA | 2 PRESENT
7 AY19-1028
ARIPOL, GLADYS BALUYOT
BSA | 2 PRESENT
8 AY19-1007
ATACADOR, JENALYN Z.
BSA | 2 PRESENT
9 AY2020-00491
BADILLO, SHYLA JHOY BELIZARIO
BSA | 2 PRESENT
10 AY19-1183
CALLO, KARL DEMIERE P.
BSA | 2 PRESENT
11 AY19-0523
DAVID, MICHAEL ANGELO VIVO
BSA | 2 –PRESENT
12 AY19-1173
DIONEDA, JOLANDA C.
BSA | 2PRESENT
13 AY19-1808
ELAGO, EDNALYN BELIZON PRESENT
 BSA | 2
14 AY19-0534
ESPARAGOZA, JOEBELL A
BSA | 2 PRESENT
15 AY19-0798
FEDELIN, AIKO FETALVERO
BSA | 2 PRESENT
16 AY19-0536
FEGIDERO, ELEN ROSE A
BSA | 2 PRESENT
17 AY19-1174
GARCIA, MARY JANE APARICIO
BSA | 2 PRESENT
18 AY19-0848
LOGO, LAARNI DIMAPILIS
BSA | 2 PRESENT
19 AY19-1311
LOPEZ, AUBREY KIMBERLEY DE LARA
BSA | 2 PRESENT
20 AY19-0948
LOSAñEZ, QUEENIE ROSE ROSAS
BSA | 2 PRESENT
21 AY19-1573
LUCERO, JOYCE SHERLY ANN ALCONABA
BSA | 2 -PRESENT
22 AY19-0992
MACALINAO, ALLEXANDRA OCHOSA
BSA | 2 PRESENT
23 AY19-0882
MAGTANGGOL, PATRICIA MAE GARCIA
BSA | 2 PRESENT
24 AY19-0420
MAñEZ, KAREN GARCIA
BSA | 2 PRESENT
25 AY19-0209
MARASIGAN, GELLY MHAY DE CASTRO
BSA | 2 PRESENT
26 AY19-0931
MELGAREJO, JOYCELYN DERIO
BSA | 2 PRESENT
27 AY19-0836
MENDOZA, ARLENE
BSA | 2 ABSENT
28 AY19-0783
MIQUE, AIRA ACEZEL ORO
BSA | 2 PRESENT
29 AY19-0611
OLICIA, MA. CRISOL BASCUGIN
BSA | 2 PRESENT
30 AY19-0176
PABLO, SZASZA
BSA | 2 PRESENT
31 AY19-0944
PANES, ALDREALIN E.
BSA | 2 PRESENT
32 AY19-0787
PIA, ERIKA JOYCE CRUZ
BSA | 2 PRESENT
33 AY2020-00955
RAMOS, DARLENE MAE ALZAGA
BSA | 2(DROPPED)
34 AY19-0670
RAMOS, MARY ROSE ARGAYOSO
BSA | 2PRESENT
35 AY19-1580
REBUCAS, FLORIAN O.
BSA | 2 PRESENT
36 AY19-0928
REDONDO, RICSELLE JHOY U.
BSA | 2 PRESENT
37 AY19-0746
SARMIENTO, ARNOLD REALON
BSA | 2 ABSENT
38 AY19-1303
SEMETARA, SHAIRA FAITH LEGARDE
BSA | 2 PRESENT
39 AY2020-00471
SUAREZ, IRLA D.
BSA | 2 PRESENT
40 AY19-1105
TANAEL, NOEMI POSTRADO
BSA | 2 PRESENT
41 AY19-0582
TURA, LEA LICO
BSA | 2 PRESENT
42 AY19-0770
 UDTOHAN, DANICA TAGOLGOL
BSA | 2 PRESENT
Justin Fortuno PRESENT
Ginallyn Carranza-present
Neil Cuenca-present

DISCUSSION:
Role of Accountants in AIS
1. As a System Designer
2. System Auditor

Tool : Flowchart

INFORMATION SYSTEM
- is a set of formal procedures by which data are collected, stored,
processed into information, and distributed to users

MANAGEMENT INFORMATION ACCOUNTING INFORMATION SYSTEM

SYSTEM (MIS) (AIS)

FINANCIAL INFORMATION FINANCIAL INFORMATION

Financial transactions – is an economic event Financial transactions – is an economic event

that affects the assets and equities of the that affects the assets and equities of the
organizations, is reflected in its accounts, and
is measured in monetary terms
Subsystem of Accounting Information
System
1. Transaction Processing System
-support daily business operation.
2. General Ledger/Financial Reporting
system
-produces the traditional financial
statements such as Balance Sheet, Income
Statement, Statement of Cash Flow, Tax
Returns, and other reports required by the
government.
3. Management Reporting System
-provides information to internal
management with special purpose
financial reports and information needed
for decision making.
3.1 Product Costing
3.2 Budgeting
3.3 Variance Report (Budget vs Actual)
3.4Responsibility Accounting
- Cost Center
- Profit Center
- Revenue Center
NON – FINANCIAL INFORMATION
Non-Financial transactions – is not an
economic event that does not affects the assets
and equities of the organizations, not reflected
in its accounts, and not is measured in
monetary terms
organizations, is reflected in its accounts,
and is measured in monetary terms
Subsystem of Accounting Information
System
1. Transaction Processing System
-support daily business operation.
2. General Ledger/Financial Reporting
system
-produces the traditional financial
statements such as Balance Sheet,
Income Statement, Statement of Cash
Flow, Tax Returns, and other reports
required by the government.
3. Management Reporting System
-provides information to internal
management with special purpose
financial reports and information needed
for decision making.
3.1 Product Costing
3.2 Budgeting
3.3 Variance Report (Budget vs Actual)
3.4Responsibility Accounting
- Cost Center
- Profit Center
- Revenue Center
NOT APPLICABLE
 1. Suppliers Information
2. Customers Information
3. Employees Information
4. Products Information
5. Service Information
6. Company Information
7. Competitors Information
8. Department or Section Information

SARBANES – OXLEY ACT - requires process of INTERNAL CONTROL

Transaction Processing System

-support daily business operation.

From Source document – processing – end report

SOURCE DOCUMENT PROCESSING END REPORT
(INPUT) (OUTPUT)

Sales Invoice Who will process? What is the Report that can be
1. Customer Copy How many copies is the generated?
2. Accounting Copy invoice? 1. Sales Report
3. Branch Copy Where the copies go? 2. Commission Report
4. Stub Copy 3. Summary of Sales by
Invoice, by Salesman, by
Note: Accountable Form- Territory
pre-numbered

Collection Receipt
(Manufacturing or Trading
Company)
Official Receipt
(Service Oriented
Company)

Receiving Report

Delivery Receipt

Billing Statement

Supplier Invoice (Goods)

and

Billing Statement (Service)

SPECIAL PROJECT: SUBMIT AT THE END OF THE TERM

COMPILE ALL THE FLOW CHART GENERATED DURING THE
DISCUSSION

ASSIGNMENT:

PROCESS-

APPLICATION OF THE ACTIVITY Alternate Process

Display – Document