The document discusses the roles of accountants in the systems development life cycle (SDLC). It outlines 5 phases of the SDLC: 1) Systems Strategy, 2) Project Initiation, 3) In-House Systems Developments, 4) Commercial Packages, 5) Maintenance and Support. As users and auditors, accountants are involved in managing the SDLC and participate in the development team. Specifically, accountants review the organization's systems strategy, ensure accounting conventions and legal requirements are understood in conceptual design, and ensure accurate economic analysis is conducted to optimize systems selection decisions.
The document discusses the roles of accountants in the systems development life cycle (SDLC). It outlines 5 phases of the SDLC: 1) Systems Strategy, 2) Project Initiation, 3) In-House Systems Developments, 4) Commercial Packages, 5) Maintenance and Support. As users and auditors, accountants are involved in managing the SDLC and participate in the development team. Specifically, accountants review the organization's systems strategy, ensure accounting conventions and legal requirements are understood in conceptual design, and ensure accurate economic analysis is conducted to optimize systems selection decisions.
The document discusses the roles of accountants in the systems development life cycle (SDLC). It outlines 5 phases of the SDLC: 1) Systems Strategy, 2) Project Initiation, 3) In-House Systems Developments, 4) Commercial Packages, 5) Maintenance and Support. As users and auditors, accountants are involved in managing the SDLC and participate in the development team. Specifically, accountants review the organization's systems strategy, ensure accounting conventions and legal requirements are understood in conceptual design, and ensure accurate economic analysis is conducted to optimize systems selection decisions.
The document discusses the roles of accountants in the systems development life cycle (SDLC). It outlines 5 phases of the SDLC: 1) Systems Strategy, 2) Project Initiation, 3) In-House Systems Developments, 4) Commercial Packages, 5) Maintenance and Support. As users and auditors, accountants are involved in managing the SDLC and participate in the development team. Specifically, accountants review the organization's systems strategy, ensure accounting conventions and legal requirements are understood in conceptual design, and ensure accurate economic analysis is conducted to optimize systems selection decisions.
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ROLES OF ACCOUNTANTS
IN SYSTEMS DEVELOPMENT LIFE CYCLE FIVE PHASES OF SDLC
1. Systems Strategy 2. Project Initiation 3. In-House Systems Developments 4. Commercial Packages 5. Maintenance and Support THE ACCOUNTANT’S ROLE IN MANAGING THE SDLC HOW ARE ACCOUNTANTS INVOLVED WITH SDLC?
• Accountants are users
• Accountants participate in systems development as members of the development team. • Accountants are involved in systems development as auditors THE ACCOUNTANT’S ROLE IN SYSTEMS STRATEGY
Auditors routinely review the organization’s systems
strategy THE ACCOUNTANT’S ROLE IN CONCEPTUAL DESIGN
• He or she must recognize control implications of
each alternative design and ensure that accounting conventions and legal requirements are understood. THE ACCOUNTANT’S ROLE IN SYSTEMS SELECTION • The economic feasibility of proposed systems is of primary concern to accountants. Specifically, the accountant should ensure that: • Only escapable costs are used in calculations of cost-savings benefits. • Reasonable interest rates are used in measuring present values of cash flows. • One-time and recurring costs are completely and accurately reported. • Realistic useful lives are used in comparing competing projects. • Intangible benefits are assigned reasonable financial values. • Errors, omissions, and misrepresentations in the accounting for such items can distort the analysis and result in a suboptimal decision
