|Author :||Jae K. Shim, Ph.D., CPA|
|CPE Credits :||6.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Primary Subject-Field Of Study:||
Computer Software & Applications - Computer Software & Applications for Course Id 1584
The course covers what every accountant should know about computers and information systems and technology. The practical and efficient use of computer technology is highlighted. Popular accounting, compliance, taxes, audit, software packages are discussed, along with trends in the computer market. The importance of information system and data protection, data bases, client/server computing, and cloud computing are discussed, with an emphasis on security issues. The course also teaches you how to make lease-rent-purchase decisions and analyze and evaluate information technology (IT) investments.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :|
|Advance Preparation :||None.|
|Delivery Method :||Self-Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||25-Oct-2019|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - NASBA Registry - 1584
|Keywords :||Computer Software & Applications, Accountants, Guide, Computers, Information, Technology, v09, cpe, cpa, online course|
|Learning Objectives :||
2. Recognize characteristics of accounting, tax, and audit software.
3. Recognize the purpose of extensible business reporting language (XBRL).
2. Identify the value of managerial software and cash management software.
2. Recognize failure points for a computer system.
3. Recognize appropriate protective steps for software modification.
2. Identify business benefits from cloud computing.
3. Identify protective steps for network environments.
2. Recognize database types and terminology.
2. Recognize the effect of taxes and Modified Accelerated Cost Recovery Systems (MACRS) on capital budgeting decisions.
|Course Contents :||
Chapter 1: Accounting Information Systems and Packages
Accounting Information Systems
Online Accounting Systems
Selecting Accounting Software
Tax Preparation Software
Auditing Audit Software
Web-Based Accounting Systems
Implementing Web-based Accounting Systems
Extensible Business Reporting Language (XBRL)
How Companies Create Xbrl Statements
Applications of XBRL
Chapter 1 Review Questions
Chapter 2: Computer Software in Managerial Accounting
Activity-Based Costing (ABC) Software
Cash Flow Forecasting Software
Forecasting and Statistical Software
Budgeting and Planning Software
Project Planning and Management
Selecting a Software Package
Chapter 2 Review Questions
Chapter 3: Information Security and Data Protection
The Security Administrator
Establishing a Security Policy
Physical Security and Data Security
Maintenance and Preventive Care
Water Alert Systems
Software Development Security
Chapter 3 Review Questions
Chapter 4: The Accountant and the Networked Environment
Things to Consider Before Moving to Cloud-Based Services
Specific applications and examples
Internet of Things
The Big Data Opportunity
Virtual Private Networks (VPNs)
Network and Internet Security Concerns
Internet Security Threats
Different Types of Internet Threats
Chapter 4 Review Questions
Chapter 5: The Accountant and Database Management Systems
Database Types and Terminology
Chapter 5 Review Questions
Chapter 6: Information Systems and Financial Analysis
Evaluating Technical Investments
What are the Types of Investment Projects?
What are the Features of Investment Projects?
Understanding the Concept of Time Value of Money
How Do You Measure Investments in Technology?
1. Payback Period
2. Net Present Value
3. Internal Rate of Return
How Do Income Taxes Affect Investment Decisions?
How to Calculate After-Tax Cash Flows
How Does MACRS Affect Investment Decisions?
What to Know About the Cost of Capital
Cost of Debt
Cost of Common Stock
Cost of Retained Earnings
Measuring the Overall Cost of Capital
Economic Feasibility Study for a New Information System
Chapter 6 Review Questions