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Accounting Information Systems

Unit code: BAO2000 | Study level: Undergraduate
Credit points
12
(One credit point is usually equivalent to one hour of study per week)
Location
City Campus
Footscray Park
Online Real Time
VU Sydney
Prerequisites
BAO1101 - Accounting for Decision Making
Does not apply to students completing; BBCO Bachelor of Commerce (Applied Finance), BBLC Bachelor of Commerce (Applied Finance)/Bachelor of Laws, LHLC Bachelor of Laws (Honours)/Bachelor of Commerce (Applied Finance)
(Or equivalent to be determined by unit coordinator)
Overview
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Overview

If you are studying this unit in 2023, check back for changes that have been made as result of student and other feedback.

This is the first specialist accounting unit in the Bachelor of Business (Accounting). Financial information is used by a wide variety of industries and individuals as part of the decision-making process in business. The responsibility for ensuring that information provided in reports is useful for decision making purposes is the province of the accounting profession. The students will investigate some of the theories and practices of [manual] recording and reporting of financial information in Australia within the context of a historical cost accounting system, including an understanding of the legal, professional and conceptual frameworks within which the accounting professional operates.

Learning Outcomes

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

  1. Demonstrate a conceptual understanding of accounting theory and concepts, including the regulatory and conceptual frameworks that influence accounting practice and business transactions;
  2. Review, analyse, adapt and apply the theoretical and technical knowledge in accounting in diverse contexts, and business structures;
  3. Analyse and apply information with initiative and judgement in order to both anticipate and solve financial business problems in contemporary financial systems;
  4. Articulate the accounting concepts and theories that relate to particular business transactions and issues; and
  5. Use accounting software to record business transactions.

Assessment

For Melbourne campuses

Assessment type: Test
|
Grade: 20%
Online Quizzes - Multiple Choice Questions
Assessment type: Test
|
Grade: 20%
In-class Test - Practical Questions
Assessment type: Exercise
|
Grade: 20%
MYOB Exercise
Assessment type: Examination
|
Grade: 40%
In-class Exam - Practical Questions and Short Answer

Other locations

For students studying at Henan University, Liaoning University, Sunway College Johor Bahru, Sunway College Kuala Lumpur
Assessment type: Test
|
Grade: 10%
Online Quizzes - Multiple Choice Questions
Assessment type: Test
|
Grade: 20%
In-class Test - Practical Questions
Assessment type: Exercise
|
Grade: 20%
MYOB Exercise
Assessment type: Examination
|
Grade: 50%
Online Exam - Practical Questions and Short Answer

Required reading

Financial Accounting
Hoggett, J. (2018).| Melbourne: John Wiley & Sons Australia Ltd.

• Students may alternatively, purchase an ebook version of the above textbook directly from the publishers John Wiley & Sons Australia Ltd. The URL is http://www.wileydirect.com.au/buy/financial-accounting-10th-edition/

As part of a course

This unit is not a compulsorily taken as part of any specific course. Depending on the course you study, this unit may be taken as an elective.

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