ACCTING 7026 - Accounting Systems and Processes (M)

North Terrace Campus - Semester 2 - 2019

This course aims to provide students with an overall knowledge and understanding of accounting information systems and implications of their use in modern business. The course will examine a number of areas including the roles of accounting information systems in business particularly in supporting strategic and operational decision-making, problem-solving and operations (e.g. transactions cycles including revenue, expenditure), the manner in which these systems are developed, acquired and deployed, and used to enhance business processes, internal controls, risk management, and auditing. Contemporary issues including security, data and information management and ethics are also covered.

  • General Course Information
    Course Details
    Course Code ACCTING 7026
    Course Accounting Systems and Processes (M)
    Coordinating Unit Business School
    Term Semester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Corequisites ACCTING 7019
    Course Description This course aims to provide students with an overall knowledge and understanding of accounting information systems and implications of their use in modern business. The course will examine a number of areas including the roles of accounting information systems in business particularly in supporting strategic and operational decision-making, problem-solving and operations (e.g. transactions cycles including revenue, expenditure), the manner in which these systems are developed, acquired and deployed, and used to enhance business processes, internal controls, risk management, and auditing. Contemporary issues including security, data and information management and ethics are also covered.
    Course Staff

    Course Coordinator: Associate Professor Indrit Troshani

    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, students will be able to:
    1. Explain and evaluate the roles played by accounting information system in modern business organisations.
    2. Evaluate and justify the need for accounting information systems controls.
    3. Explain and critically appraise key accounting information systems construction and development issues and activities including data management and analytics.
    4. Use an accounting information systems (e.g. MYOB) to manage key accounting processes in an accurate and useful manner.
    5. Explain and critically evaluate business process documentation techniques.
    6. Explain and evaluate security threats, information systems auditing, and digital business reporting.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    1-6
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    1-6
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    1-6
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    1-6
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • Able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    6
  • Learning Resources
    Required Resources
    Romney, M. B., Steinbart, P. J. (2018) Accounting Information Systems, Fourteenth Edition, Pearson, ISBN 978-1-292-22008-6

    In addition to the recommended textbook resources, students are expected to complete the online Perdisco training course for MYOB (www.perdisco.com).
    Further details (e.g. how and when to enrol and which courses to take) will be provided after the lectures commence.

    Recommended Resources
    Parkes, A., Considine, B., Olesen, K., Blount, Y. (2016) Accounting Information Systems, 5th Edition, John Wiley & Sons Australia, Ltd, ISBN: 978-0-7303-3649-5
    Online Learning

    Electronic copies of the lecture notes and the tutorials will be provided in MyUni (www.myuni.adelaide.edu.au). A mid term multiple choice test will be run online via MyUni and a MYOB assignment will be run online via Perdisco.

    Students are strongly encouraged to regularly check MyUni for updates.

  • Learning & Teaching Activities
    Learning & Teaching Modes
    Teaching of Accounting Systems and Processes will be via weekly lectures supported by problem-solving tutorials examining the materials covered in lectures. All students are expected to attend all lectures and tutorials in this course.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
    The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.

    Students in this course are expected to attend all lectures throughout the semester plus one tutorial class each week.

    Tutorial classes will be held weekly commencing Monday Week 2. Membership of tutorial classes is to be finalised by the end of the second week of semester. Students wishing to swap between tutorial classes after this time are required to present their case to the Lecturer-in-Charge, but should be aware that such a request may not be approved.

    Tutorials are an important component of your learning in this course. The communication skills developed in tutorials by regularly and actively participating in discussions are considered to be most important by the School and are highly regarded by employers and professional bodies.
    Learning Activities Summary
    Learning Activity Related Learning Outcomes
    Lectures 1,2,3,4,5,6
    Tutorials 1,2,3,4,5,6
    Student consulting 1,2,3,4,5,6


    • Week 1: Accounting information systems - an overview; and Overview of transaction processing and enterprise resource planning systems (Romney and Steinbart Chapters 1 and 2)

    • Week 2: Systems documentation techniques; and Relational databases, data management and analytics (Romney and Steinbart Chapters 3 and 4)

    • Week 3: Database design and implementation using REA model (Romney and Steinbart Chapters 17 and 18)

    • Weeks 4 and 5: Systems development process (Romney and Steinbart Chapters 20, 21, 22)

    • Week 6: Fraud; and Computer fraud and abuse techniques (Romney and Steinbart Chapters 5 and 6)

    • Weeks 7 and 8: Control and accounting information systems (controls for security, confidentiality, privacy, processing integrity and availability) (Romney and Steinbart Chapters 7, 8, 9, 10)

    • Mid-Semester break
    • Week 9: Accounting information sytems applications (transaction cycles) (Romney and Steinbart Chapters 12 and 13)

    • Week 10: Auditing computer-based information systems (Romney and Steinbart Chapter 11)

    • Week 11: Digital business reporting (e.g., XBRL)(Parkes et al., Chapter 6); distributed ledger technology in accounting and finance (handouts to be provided)

    • Week 12: The Wrap
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    # Assessment Task Due Date/Week Weighting Learning Outcome
    1    Test 1  Week 6 20% 1,2,3,5,6
    2 Test 2  Week 10 15% 4
    3 Final exam (3 hours) TBA 65% 1,2,3,4,5,6
    Total 100%
    Assessment Related Requirements
    • Students are required to attend all lectures and the tutorials in which they are enrolled.

    • All topics covered during the semester are examinable.

    • To gain a pass, a mark of at least 50% overall must be obtained.

    • Legible hand-writing and the quality of English expression are considered to be integral parts of the assessment process.
    • Assessment marks prior to the final exam will be displayed on the course website.
    • Students are encouraged to check their marks and notify the lecturer-in-charge of any discrepancies
    Assessment Detail
    • Test 1 - Online Multiple Choice Questions Test (theory/case studies): 20% (Week 6, Tuesday, 1-5pm, venue TBA)

    • Test 2 - Online Perdisco MYOB practical test: 15% (Week 10, Friday, 11:59pm online submission)

    • Final exam: 65% (Check via Access Adelaide). The final exam is a 3 hour CLOSED BOOK exam.
      Dictionaries are NOT permitted. Calculators are NOT permitted.
    Submission
    Presentation of Assignments

    Students must retain a copy of all assignments submitted.
    All individual assignments must be attached to an Assignment Cover Sheet which must be signed and dated by the student before submission.
    All group assignments must be attached to an Assignment Cover Sheet which must be signed and dated by all group members before submission. All team members are expected to contribute approximately equally to a group assignment.
    Lecturers/markers can refuse to accept assignments which do not have a signed acknowledgement of the University’s Policy on Plagiarism: http://www.adelaide.edu.au/policies/230/
    Assignment Guidelines including Referencing Details

    A copy of the Postgraduate Programs: Communication Skills Guide will have been given to you at the beginning of your program. This guide will assist you structure your assignments. A copy of the guide can also be downloaded from: http://www.adelaide.edu.au/professions/hub/downloads/Communication-Skills-Guide.pdf

    This publication also provides guidelines on a range of other important communication skills including writing essays and management reports, making oral presentations etc.

    In preparing any written piece of assessment for your postgraduate studies it is important to draw on the relevant ‘literature’ to support critical analysis. Also essential is to reference the literature used. Correct referencing is important because it identifies the source of the ideas and arguments that you present, and sometimes the source of the actual words you use, and helps to avoid the problem of plagiarism. (Further information on plagiarism is provided later in this course outline.)

    The Harvard system is widely used in the Business School. Guidelines for the use of this style of referencing can be found in the Communication Skills Guide.

    Further assistance with referencing is available from the Faculty’s Learning Support Advisors. The contact details are provided on page 6 of the Communication Skills Guide.

    Late Assignment Submission

    Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the Lecturer-in-Charge of the course before the due date. Each request will be assessed on its merits. A late assignment (without prior arrangement) will be penalised by a 10% mark reduction for each day that it is late (including week-ends).

    Return of Assignments

    Lecturers aim to mark and return assignments to students within three (3) weeks of the due date with written feedback. Students are responsible for collecting their marked assignments from either their tutorials or lectures. If assignments aren’t collected after two (2) weeks, the assignments will be available at the Student Hub for two (2) weeks.

    Examination Information

    It is each student's responsibility to read the examination timetable. Misreading the timetable is not accepted as grounds for granting a replacement/additional (sup) exam.

    University staff are not permitted to provide examination times to students over the telephone or in response to personal enquiries.

    Examinations will be held only at the time and locations stated in the University’s Examination Timetable, so they may not be taken in another country. Students should not make any arrangements to be absent until after the replacement/additional (sup) exam period.

    Students are NOT permitted to take a Dictionary (English or English-Foreign) into the examination and the use of calculators in the examination is not permitted.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.