value chain diagram
Raw materials supplier ---> Manufacturer ---> Distributor ---> Retailer ---> Consumer
Supply chain diagram
a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer . An organisation's value chain is part of a larger system called the supply chain.
AIS knowledge & skills are critical to an accountant's career success. Interacting with an AIS is one of the most important activities that accountants perform. Other important AIS-related activities include designing internal control systems & other business process improvements.
Why study accounting information systems?
employees, 'knowledgeable insiders' who know the systems & controls in their organisation & see an opportunity to embezzle assets of their company.
Who is fraud & corruption mainly perpetrated by?
manipulation of a company's financial earnings either directly or through indirect accounting methods.
- Enron & Worldcom - USA - HIH & One.Tel - Australia - More recently, Clive Peeters & the Queensland Health
Popular unethical cases?
Codes of conduct by: CPAA, ICAA, IPA & CIMA
Corporate & professional codes of ethics?
a decision framework weighing tough ethical judgements.
Stakeholder analysis framework