Credit Points: 15

Prerequisite: Nil

Co-requisite: N/A

Workload: 36 contact hours

Campus: Melbourne, Sydney

 

Aims & Objectives

In an increasingly competitive environment, it is important for businesses to evaluate the way they operate. In particular businesses have to assess their “business processes” to gain a competitive advantage over others. This unit introduces students to some of the methods that could be used to obtain an understanding of an organisation’s current business processes and then suggest improvements to the processes.

Unit topics include:

  1. Introduction to Accounting Information Systems (AIS) and what accounting is
  2. Business Processes
  3. Database Concepts
  4. System Documentation
  5. Enterprise Information Systems
  6. Introduction to Internal Controls and Corporate Governance
  7. Understanding Transaction Cycles – The Revenue Cycle
  8. Understanding Transaction Cycles – The Expenditure Cycle
  9. The General Ledger and Financial Reporting Cycle
  10. Ethics, Fraud and Computer Crime

Learning Outcomes

At the completion of this unit students will be able to:

  1. Describe and discuss the foundations of the practice of accounting systems and processes;
  2. Explain and discuss the role of accounting systems in the functioning of organizations;
  3. Appraise, evaluate and critique the effectiveness of various accounting packages;
  4. Appraise, evaluate and critique computer packages that support accounting reports;
  5. Compare and contrast accounting information prepared manually and using accounting software packages;
  6. Apply skills and knowledge to develop a set of accounting reports utilising an accounting package; and
  7. Critically evaluate the impact of system and process change on accounting reports and operations

Teaching Method

Lecture: 2 hours
Tutorial/Workshop: 1 hour

Textbook

Students are advised to check the unit outline for prescribed Textbooks.


Reference Reading

Students are advised to check the unit outline for additional reference materials.