General Information
Information technology is an essential accounting tool. Amongst other applications, it is used to automate transactions and business processes, streamline reporting and support business analysis. This subject covers the critical evaluation and design of accounting information systems (AIS) and their use in managerial decision-making. It provides both a theoretical and practical understanding of AIS in a broader industry and corporate setting. Emphasis is placed on AIS and technology, control mechanisms, data analysis and reporting. The applied nature of the subject enables the development of practical skills in using accounting software for transaction processing and decision support.
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Details
Academic unit: Bond Business School Subject code: ACCT71-111 Subject title: Accounting Information Systems Subject level: Postgraduate Semester/Year: May 2021 Credit points: 10.000 -
Delivery & attendance
Timetable: https://bond.edu.au/timetable Delivery mode: Standard Workload items: - Lecture: x12 (Total hours: 24) - Lecture 1
- Tutorial: x9 (Total hours: 18) - Tutorial 1 (Weeks 1 to 9)
- Computer Lab: x3 (Total hours: 6) - Computer Lab 1 (Weeks 10 to 12)
- Personal Study Hours: x12 (Total hours: 72) - Recommended study time & reviewing materials
Attendance and learning activities: Attendance at all class sessions is expected. Students are expected to notify the instructor of any absences with as much advance notice as possible. -
Resources
Prescribed resources: Books
- Marshall B. Romney, Paul John Steinbart, Scott L. Summers, David A. Wood (2020). Accounting Information Systems. 15e, Pearson
iLearn@Bond & Email: iLearn@Bond is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student. To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au
| Academic unit: | Bond Business School |
|---|---|
| Subject code: | ACCT71-111 |
| Subject title: | Accounting Information Systems |
| Subject level: | Postgraduate |
| Semester/Year: | May 2021 |
| Credit points: | 10.000 |
| Timetable: | https://bond.edu.au/timetable |
|---|---|
| Delivery mode: | Standard |
| Workload items: |
|
| Attendance and learning activities: | Attendance at all class sessions is expected. Students are expected to notify the instructor of any absences with as much advance notice as possible. |
| Prescribed resources: | Books
|
|---|---|
| iLearn@Bond & Email: | iLearn@Bond is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student. To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au |
Enrolment requirements
| Requisites: |
Nil |
|---|---|
| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge. Assumed Prior Learning (or equivalent):
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| Restrictions: |
Nil |
Assurance of learning
Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.
At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.
Program Learning Outcomes (PLOs)
Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.
Subject Learning Outcomes (SLOs)
On successful completion of this subject the learner will be able to:
- Describe and discuss the Systems Development Life Cycle (SDLC) and evaluate how to integrate and manage, maintain or build an AIS system project.
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
- Design and evaluate systems controls used in the operation of accounting systems.
- Set up, use, and evaluate selected accounting software package/s.
- Analyse and use accounting information to solve managerial problems and communicate recommendations.
Generative Artificial Intelligence in Assessment
The University acknowledges that Generative Artificial Intelligence (Gen-AI) tools are an important facet of contemporary life. Their use in assessment is considered in line with students’ development of the skills and knowledge which demonstrate learning outcomes and underpin study and career success. Instructions on the use of Gen-AI are given for each assessment task; it is your responsibility to adhere to these instructions.
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Assessment details
Type Task % Timing* Outcomes assessed Computer-Aided Examination (Open) Comprehensive Final Examination. 50% Final Examination Period 1,2,3,4,5 *Tutorial Portfolio Application Portfolio - Skills Labs & Cloud Accounting Systems 25% Week 6 2,4 Project Dashboard Design, Implementation, Presentation 25% Week 12 1,5 - * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
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Assessment criteria
Assessment criteria
High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment. Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
| Type | Task | % | Timing* | Outcomes assessed |
|---|---|---|---|---|
| Computer-Aided Examination (Open) | Comprehensive Final Examination. | 50% | Final Examination Period | 1,2,3,4,5 |
| *Tutorial Portfolio | Application Portfolio - Skills Labs & Cloud Accounting Systems | 25% | Week 6 | 2,4 |
| Project | Dashboard Design, Implementation, Presentation | 25% | Week 12 | 1,5 |
- * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
Assessment criteria
| High Distinction | 85-100 | Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. |
|---|---|---|
| Distinction | 75-84 | Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. |
| Credit | 65-74 | Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. |
| Pass | 50-64 | Usually awarded to students whose performance meets the requirements set for work provided for assessment. |
| Fail | 0-49 | Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. |
Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Study Information
Submission procedures
Students must check the iLearn@Bond subject site for detailed assessment information and submission procedures.
Policy on late submission and extensions
A late penalty will be applied to all overdue assessment tasks unless an extension is granted by the subject coordinator. The standard penalty will be 10% of marks awarded to that assessment per day late with no assessment to be accepted seven days after the due date. Where a student is granted an extension, the penalty of 10% per day late starts from the new due date.
Academic Integrity
University’s Academic Integrity Policy defines plagiarism as the act of misrepresenting as one’s own original work: another’s ideas, interpretations, words, or creative works; and/or one’s own previous ideas, interpretations, words, or creative work without acknowledging that it was used previously (i.e., self-plagiarism). The University considers the act of plagiarising to be a breach of the Student Conduct Code and, therefore, subject to the Discipline Regulations which provide for a range of penalties including the reduction of marks or grades, fines and suspension from the University.
Bond University utilises Originality Reporting software to inform academic integrity.Feedback on assessment
Feedback on assessment will be provided to students within two weeks of the assessment submission due date, as per the Assessment Policy.
Accessibility and Inclusion Support
If you have a disability, illness, injury or health condition that impacts your capacity to complete studies, exams or assessment tasks, it is important you let us know your special requirements, early in the semester. Students will need to make an application for support and submit it with recent, comprehensive documentation at an appointment with a Disability Officer. Students with a disability are encouraged to contact the Disability Office at the earliest possible time, to meet staff and learn about the services available to meet your specific needs. Please note that late notification or failure to disclose your disability can be to your disadvantage as the University cannot guarantee support under such circumstances.
Additional subject information
As part of the requirements for Business School quality accreditation, the Bond Business School employs an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Subject curriculum
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Introduction to Accounting Information Systems
An introduction and overview of accounting information systems; AIS framework; Recording - introduction to end-user accounting systems.
SLOs included
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
- Set up, use, and evaluate selected accounting software package/s.
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System Design, Documentation, and Database Mechanics
Examines system design and documentation techniques, introduces databases and relational databases.
SLOs included
- Describe and discuss the Systems Development Life Cycle (SDLC) and evaluate how to integrate and manage, maintain or build an AIS system project.
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
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Revenue Cycle
Revenue cycle (RC), the accounting process, COSO framework, and accounting and audit standards.
SLOs included
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
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Expenditure Cycle
Expenditure cycle (EC) source documents, expenditure activities, threats and internal controls, and transaction journals.
SLOs included
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
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Production/Service & Payroll/HR Cycles
Production/Service cycle (PC) workflow, product/process costing, payroll/HR business cycle including reporting and compliance requirements.
SLOs included
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
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General Ledger and Financial Reporting
Overview of compliance & reporting software, external and internal processing integrity controls, computer reporting language and managerial and operational reports.
SLOs included
- Explain and analyse the recording and processing of accounting events, transactions, and control problems from an accounting, auditing and systems perspective.
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Fraud and Computer Fraud
Examines fraud concepts and computer fraud and implications for AIS.
SLOs included
- Design and evaluate systems controls used in the operation of accounting systems.
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Internal Control, Privacy and Audit implications
Examines AIS and internal controls including information security, confidentiality, privacy and processing integrity, and audit and assurance requirements.
SLOs included
- Design and evaluate systems controls used in the operation of accounting systems.
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AIS Reporting for Management
Reviews the Systems Design Life Cycle (SDLC). Includes discussion of AIS management reports for decision making and the role of the accountant in this process.
SLOs included
- Analyse and use accounting information to solve managerial problems and communicate recommendations.
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Data Analytics, Visualisation, and Dashboards
Introduction to principles of data preparation (collecting and cleaning), analytic and visualisation tools, designing dashboards.
SLOs included
- Analyse and use accounting information to solve managerial problems and communicate recommendations.