Accounting Process and Systems

Unit code:BAO1001Study level:Undergraduate

Credit points

12
(Generally, 1 credit = 10 hours of classes and independent study.)

Location

City Campus

Prerequisites

(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)

Overview

Understand how to use accounting systems and processes to generate the financial information needed to aid in management decision making.
This unit will provide you with the skills needed to understand how accounting systems and electronic data processing have been one of the most significant advancements in accounting today.
In this unit you will learn
  • the application of technology to generate accounting information,
  • implementation of accounting software using project management principles,
  • how to evaluate accounting systems and record financial transactions using accounting software
  • how to analyse information needed by management to plan and control accounting systems

By the end of this unit, you will understand how information technology helps to resolve complex business issues and use these technologies to processes financial and non-financial transactions impacting organisations today.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Evaluate key similarities and differences between traditional and computerised accounting systems;
  2. Analyse business processes in terms of their objectives, their information requirements, and their relationships to accounting information design structures;
  3. Demonstrate the application of accounting software and spreadsheets to process data into information suitable for managerial decision making; and
  4. Explain the process involved in evaluating accounting information needs and implementing a viable solution.

Assessment

For Melbourne campuses

Assessment type: Exercise | Grade: 10%

Practical spreadsheet analysis exercises requiring the use of accounting information for decision making

Assessment type: Project | Grade: 40%

Project using accounting software and applying project management principles (Group)

Assessment type: Test | Grade: 50%

The test requires students to demonstrate the application of knowledge in the form of analytical questions

Required reading

Selected readings will be made available via VU Collaborate.

As part of a course

This unit is studied as part of the following course(s):

Bachelor of Accounting
BBAQ | Bachelor degree | Duration: 3 years

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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