Course Information Undergraduate prospectus

Accounting Information Systems

Course summary

Course code: COMP1731
Level: 5
Credits: 30
School: Business Faculty
Department: Accounting and Finance
Course Coordinator(s): Gerhard Kristandl

Specification

Pre and co requisites

ACCO1084

Aims

This course is an introduction to Accounting Information Systems (AIS) from the accountant’s perspective. Accounting information and data has always been at the heart of the accountant’s work. Consequently, this type of information is central to many different activities inside and outside organisational boundaries, and is generated by information technology (IT) in modern businesses. Just like accounting information that permeates every level and activity in an organisation, so does the IT that enables and supports the work of the modern accountant.
The course explores, in detail, the role of information systems in accounting, the design of AIS, and the characteristics and differences of AIS in small and large organisations. This is achieved by applying the acquired theoretical skills using software and concepts like Excel, Access, XBRL, SaaS and SAP ERP. The course also covers several typical AIS application subsystems like transaction processing, sales/collection processing, acquisition/payment processing and decision-making models in AIS. At the same time, the course pays close attention to the role of accountants as guardians of sensible business data, and emphasises the need to understand the issues revolving around computer crime, fraud, IT security, and AIS audit.

Learning outcomes

On successful completion of this course a student will be able to:

1. Evaluate how Accounting Information Systems can assist in attaining organisational objectives, and how they can improve planning and control tasks of the accountant;
2. Document and interpret a system using flow charts/diagrams, and assess the design issues in computerised processing systems such as an AIS;
3. Exercise appropriate judgement in evaluating and applying various types of AIS and concepts in large and small organisations;
4. Analyse and evaluate core accounting transaction cycles and business processes by using SAP ERP;
5. Diagnose and audit the security and controls in AIS, including issues in cyber-/computer-crime and fraud prevention.

Indicative content

1. Overview of AIS, basic terminology and concepts, role and development of information systems and technology in accounting, issues in ethics, fraud, and internal control;
2. Design of AIS, basic flow charting and diagramming;
3. Accounting Information Systems in larger organisations, database management systems, enterprise resource planning systems, XBRL, electronic commerce systems;
4. Accounting Information Systems in smaller organisations, software-as-a-service, and decision support with spreadsheet software;
5. Transaction processing, sales/collection processing, acquisition/payment processing, decision-making models;
6. Issues in computer crime, fraud, information technology security, auditing and evaluating AIS.

Teaching and learning activity

The course will use 2-hour IT lab sessions to introduce students to the areas outlined above. These lab sessions will include both lecture-type teaching, guided learning, and direct application of AIS concepts using software like Excel, Xero, SAP ERP and Access.

Assessment

Portfolio - 40% weighting, 40% pass mark, learning outcomes 1 & 2. Outline Details - Mixture of individual and group work. 4000 words.

Exam - 60% weighting, 40% pass mark, ;earning outcomes 2 - 5. Outline Details - 2 hour closed book exam.