MA509 - Accounting Information Systems

Credit Points: 15 credit points

Workload: 36 hours

Prerequisite: N/A

Co-requisite: N/A

Aims & Objectives

This is a Year 1, Core Unit in the Master of Professional Accounting. For Course Learning Outcomes and further information relating to the Master of Professional Accounting program please visit our website:

In this unit, we will apply a flipped classroom instructional strategy to maximise the engagement of students and active learning activities. This strategy will allow instructors to understand students’ difficulties to the maximum level that will facilitate to bring different learning preferences. In this unit we will apply this approach in the following ways:

  • Before the class, instructor will provide a new set of study topics and materials to students to prepare for the upcoming class.
  • During the class, instructor will encourage and engage students to apply and analyse the Pre-assigned task with idea-exchange and feedback approach from the pre class activities stated above.
  • After the class, the instructor will make sure that students are able to practice, develop and create knowledge through the assigned tasks from the in class activities.

This integrated approach immerses students in a continuously evolving learning and development process - from pre-class preparation to in-class and post-class activities - that fosters deep learning and enriches each student’s ability to engage with the unit learning outcomes overall and meet the required unit competencies.

This unit will introduce the students to concepts of using and managing accounting information systems and cloud technologies. Specifically, students will develop knowledge about cloud technologies to understand how it is enabling the companies and accountants with better and faster access to business information that they can use to advise clients. Students will be introduced to web-based models such as Software as a Service (SaaS) and Application Service Provider (ASP) to demonstrate how access to application software and hardware can be provided to multiple users via the internet, rather than from company owned and maintained hardware and software. The unit takes a practical approach with a cloud-based accounting practice set used for demonstration in class, requires students to setup up company file, and process one month’s transaction and generate financial reports.

This unit will cover the following topics:

  • Introduction to Accounting Information Systems (AIS);
  • Enterprise Resource Planning and Accounting;
  • Database Management Systems and Accounting;
  • Ethics, Fraud and Internal Control;
  • Auditing IT Controls and IT Governance;
  • Managing and Developing Accounting Systems;
  • Acquiring and Implementing AIS;
  • Introduction to Transaction Processes; and
  • Transaction Cycles and Business Processes;
    • The Revenue Cycle
    • The Expenditure Cycle
    • Financial Reporting and Management Reporting

Learning Outcomes

Course Learning Outcomes

The Course learning outcomes applicable to this unit are listed on the Melbourne Institute of Technology’s website:  

Unit Learning Outcome

At the completion of this unit students should be able to:
a. Describe Accounting Information Systems components and their use in an organizational setting.
b. Critically explain and evaluate business process documentation techniques.
c. Critically evaluate and justify the need for Accounting Information Systems controls.
d. Use an accounting information system to manage key accounting processes for business decision making.
e. Critically evaluate ethical and legal aspects on the environment of accounting information systems.
f. Demonstrate advanced and integrated understanding of the different approaches for developing Accounting Information Systems.


Assessment Task Due Date A B Unit Learning Outcomes
1. Contribution and Participation Weeks 1-12 - 6% a-f
2. Formative Assessment Week 3 - 4% a
3. Assignment No. 1 [Individual] Week 7 15% - a,b
4. Assignment No. 2 [Individual] (Xero Software) Week 10 15% - d
5. Project [Individual] Week 11 10% - a-f
6. Case Study Analysis [Individual] (3 hours) TBA - 50% a-f
TOTALS   40% 60% 100%

Task Type: Type A: unsupervised, Type B: supervised.

Contribution and Participation (6%)

This unit has class participation as an assessment. The assessment task and marking rubric will follow the Guidelines on Assessing Class Participation ( Further details will be provided in the assessment specification on the type of assessment tasks and the marking rubrics.

Teaching Methods

NOTE: All School of Business units 3-hour workshops Flipped Classroom Mode.

Textbook and Reference Materials

Note: Students are required to purchase the prescribed textbook and have it available each week in class.

Copies of the textbook are available in the MIT Library.

Prescribed Text

  • Gelinas, U. J., Dull, R. B. & Wheeler, P.R., Hill, M.C., (2018). Accounting Information Systems. (11th ed.). South Melbourne: Cengage Learning Australia.

Other recommended references

  • Parkes A., Considine, B., Olesen K., Blount, Y., (2017).  Accounting Information Systems: understanding business processes, 5th ed. Brisbane: John Wiley. ISBN 9780730328766.
  • Hall J. A. (2016). Accounting Information Systems, (9th ed), Boston: Cengage Learning.

Journals and Business publications

  • Guragai, Binod; Hunt, Nicholas C.; Neri, Marc P.; Taylor, Eileen Z. (2017). Accounting Information Systems and Ethics Research: Review, Synthesis, and the Future. Journal of Information Systems, Summer2017, Vol. 31 Issue 2, p65-81.
  • Huerta, Esperanza; Jensen, Scott. (2017). An Accounting Information Systems Perspective on Data Analytics and Big Data. Journal of Information Systems, Fall 2017, Vol. 31 Issue 3, p101-114.
  • Allahverdi, Metin. (2017). Cloud Accounting Systems And A Swot Analysis. Journal of Accounting & Finance, 2017 Special Issue, p92-105.
  • Ramli, Ainon. (2015). The Status of Accounting Information Systems (AIS) Adoption in the Hotel Industry. Journal of Entrepreneurship & Business, 2015, Vol. 3 Issue 1, p46-59.

Check the unit Moodle page for additional recommended readings throughout the trimester.

The Referencing style for this unit is APA: See the MIT Library Referencing webpage: and the Unit Moodle page for additional referencing support material and weblinks.

Graduate Attributes

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


Levels of attainment Extent covered
The attribute 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 attribute 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 attribute 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 attribute 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 attribute is not considered, there is no theory or practice or activities associated with this attribute.