AFM341 Study Guide - Final Guide: Digitizing, Business Analysis, Strategy Map

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM341
• Professor: Brian Ma

Document Summary

Accounting information system info system that records, processes, and reports transactions; provides financial and non-financial information for decision making and control. Relevant info timely and can be related to the subject at hand. Predictive, feedback, timeliness (plf like plenty of fish) Reliable accurate and complete (ex. score of the game) Data random facts that have no context. Information data organized in a way that is meaningful and useful. Discretionary not required to be provided (expenses to make an ipad, what people like to buy with starbucks hot chocolate) Mandatory must provide (ex. taxes paid, c/s outstanding) Value chain business processes for a firm. Inbound logistics operations outbound logistic service. Supply chain: flow of materials, information, payments from suppliers to factories and then to customers. Crm software used to manage interactions with past, current, and potential customers. Scm used to manage parts of supply chain manufacturing scheduling, inventory control, transportation logistics, inventory costs (affects cogs!)