Accounting Information Systems
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Sydney
Prerequisites
Does not apply to students completing; BBLC Bachelor of Commerce (Applied Finance)/Bachelor of Laws,
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Investigate the theory and practice of financial records and reporting in the Accounting Information System unit.
Financial information is crucial to decision making in small business, large industry operations and public enterprise. Accounting professionals are pivotal contributors to this process, providing accurate and insightful financial information.
In this unit, you will learn about:
- manual and computerised recording and reporting of financial information in Australia
- the historical cost accounting systems
- legal, professional and conceptual frameworks within which the accounting professional operates.
By the end of the unit, you will have developed the skills and knowledge required in accounting roles to record transactions and present the financial situation of organisations.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Adapt and propose the application of theoretical and technical accounting knowledge to various business structures;
- Exhibit professional judgement to resolve financial reporting issues;
- Articulate the accounting concepts that relate to specific business transactions; and
- Employ accounting software to record business transactions and generate financial reports.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 10%
Online quiz - multiple choice questions on theory
Assessment type: Presentation | Grade: 20%
Presentations on given topics in accounting information system (Group)
Assessment type: Report | Grade: 20%
Enter transactions and generate financial reports using MYOB accounting software for a given case exercise
Assessment type: Test | Grade: 50%
In-class tests - theory and practical questions (15% and 35%)
Other locations
Assessment type: Test | Grade: 10%
Online quiz- Multiple choice questions on theory
Assessment type: Test | Grade: 10%
Mid semester in class test
Assessment type: Assignment | Grade: 30%
Video presentations on given topics using MYOB (10%) (Group); Enter transactions and generate financial reports using MYOB (20%) (Individual)
Assessment type: Examination | Grade: 50%
Practical Questions and Short Answers
Required reading
Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.
Financial accounting
Hoggett, J., Medlin, J., Chalmers, K., Beattie, C., Hellman, A., & Maxfield, J. (2021). | John Wiley & Sons.
E-Text: 9780730382713
As part of a course
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.