{"id":1,"date":"2017-01-10T17:04:29","date_gmt":"2017-01-10T17:04:29","guid":{"rendered":"https:\/\/blogs.scu.edu\/finis\/?p=1"},"modified":"2017-01-10T20:03:14","modified_gmt":"2017-01-10T20:03:14","slug":"hello-world","status":"publish","type":"post","link":"https:\/\/blogs.scu.edu\/finis\/2017\/01\/10\/hello-world\/","title":{"rendered":"Welcome to the Winter 2017 Financial Information Systems class!"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Financial information systems (FIS) are the <\/span><b>neural network of business organizations<\/b><span style=\"font-weight: 400\">. They <\/span><b>record the financial impact<\/b><span style=\"font-weight: 400\"> of every business transactions and translate the consolidated impact into <\/span><b>actionable information on cash flow, revenue, profitability, and taxation<\/b><span style=\"font-weight: 400\"> for executives, shareholders, and external stakeholders. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Today, with businesses generating up to one million transactions each day, FIS are the <\/span><b>cornerstone of effective and accurate financial reporting<\/b><span style=\"font-weight: 400\"> on the strategic level but also for day-to-day operations. Additionally, FIS are an important element in ensuring <\/span><b>regulatory compliance<\/b><span style=\"font-weight: 400\">. Modern FIS allow you to <\/span><b>investigate, audit, and optimize business processes<\/b><span style=\"font-weight: 400\"> using financial information.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the future, FIS will play an even more important role. Innovations in <\/span><b>financial technology (fintech)<\/b><span style=\"font-weight: 400\"> record, integrate, and manage financial information in radically different ways. Fintech will change not only the role and scope of FIS but will affect existing business models and promote completely new business models.<\/span><\/p>\n<p>Understanding the fundamentals of FIS, the relationship of FIS and business processes, and being able to analyze and design FIS using innovative financial technology help you to become an invaluable addition to any business organization.<\/p>\n<p>Let&#8217;s do this!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial information systems (FIS) are the neural network of business organizations. They record the financial impact of every business transactions and translate the consolidated impact into actionable information on cash flow, revenue, profitability, and taxation for executives, shareholders, and external stakeholders. Today, with businesses generating up to one million transactions each day, FIS are the &hellip; <a href=\"https:\/\/blogs.scu.edu\/finis\/2017\/01\/10\/hello-world\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Welcome to the Winter 2017 Financial Information Systems class!<\/span><\/a><\/p>\n","protected":false},"author":1638,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":1,"qubely_featured_image_url":null,"qubely_author":{"display_name":"mschermann","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/mschermann\/"},"qubely_comment":1,"qubely_category":"<a href=\"https:\/\/blogs.scu.edu\/finis\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","qubely_excerpt":"Financial information systems (FIS) are the neural network of business organizations. They record the financial impact of every business transactions and translate the consolidated impact into actionable information on cash flow, revenue, profitability, and taxation for executives, shareholders, and external stakeholders. Today, with businesses generating up to one million transactions each day, FIS are the&hellip;","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1638"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1"}],"version-history":[{"count":2,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":5,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1\/revisions\/5"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}