BuyFind

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
Publisher: Cengage Learning
ISBN: 9781337552127
BuyFind

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
Publisher: Cengage Learning
ISBN: 9781337552127

Solutions

Chapter
Section
Chapter 7, Problem 1RQ
Textbook Problem

Describe organizational governance.

Expert Solution
Summary Introduction

To explain: Organizational governance.

Introduction:

Accounting information systems:

It is an information structure which collects and manages data of an organization which can be utilized by analysts, managers, and other decision making authorities of an organization.

Explanation of Solution

Organizational governance:

It is a process by which the organization selects the methods, processes, objectives and monitors their performance. The setting of objectives, guidelines, and the ways to achieve these objectives. It also includes the internal control methods that are implemented and monitored.

It balances the interests of the stakeholders of the company such as the shareholders, community, government, and other parties. It encompasses almost every area of a management starting from plans and internal controls to the measurement of performance and the corporate disclosure.

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Chapter 7 Solutions

Accounting Information Systems
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