BA205 - Accounting Systems and Applications
Credit Points: 15
Prerequisite: BB104 Introductory Accounting
Workload: 36 contact hours
Campus: Melbourne, Sydney
Aims & Objectives
This is a second-year Core Unit in the Bachelor of Business, major in Accounting, and offered as an Elective Unit in the Bachelor of Business majors in Marketing, and Management.
This unit will introduce the student to concepts of the using and managing accounting information systems. The students will setup up and process one month’s transaction and reports into MYOB. The unit will develop the students understanding of how AIS work, the controls and security that are required, and how to document and implement systems.
The unit topics include:
- Introduction to Accounting Information Systems
- Enterprise Systems
- E-Business Systems
- Documenting Information Systems
- Database Management Systems
- Controlling Information Systems
- The Sales and receipt Processes
- The Purchasing and Payments Processes
- The General Ledger and Reporting Processes
- Acquiring and Implementing Accounting Information Systems.
- Using MYOB (assignment)
At the completion of this unit students should be able to:
- Understand how Accounting Information Systems are used in an organisation;
- Understand how accounting information is documented, organised and managed;
- Explain how the risks to the organisation are minimised using access and security controls;
- Compare accounting information prepared manually to information from computerised Accounting information systems; and
- Apply the knowledge they have gained to set up MYOB, process transactions and generate reports.
Tutorial/Workshop: 1 hour
Learning Outcomes Assessed
|Contribution in class||a-e*||10%|
|Mid Term Test||a,b*||15%|
|MYOB Group Assessment (Continuous Assessment)||a-e*||20%|
|Final Exam (3 hours)||a-e*||50%|
*refer to learning outcomes above.
Gelinas, U. J., & Dull, R. B. (2015). Accounting Information Systems (10th ed.). South Melbourne: Cengage Learning Australia.
- Considine, B., Parkes, A., Olsen, K., Blount, Y., & Speer, D. (2012). Accounting Information Systems: understanding business processes (4th ed.). Brisbane: John Wiley & Sons Australia Ltd.
- Hall J. A. (2016). Accounting Information Systems, (9th ed), Boston: Cengage Learning.
MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:
|Ability to communicate||Independent and Lifelong Learning||Ethics||Analytical and Problem Solving||Cultural and Global Awareness||Team work||Specialist knowledge of a field of study|
|The standard is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations|
|The standard is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations|
|The standard is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations|
|The standard is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials|
|The standard is not considered, there is no theory or practice or activities associated with this standard|