AFX5310 - Accounting processes and systems

Leader: Dr Carla Wilkin

Offered

Caulfield First semester 2007 (Day)

Synopsis

This unit provides students with a broad introduction to the core business processes and systems that underpin organisational business activities. Topics covered include: how systems support business processes, electronic commerce and business decision making; database management concepts; methods for documenting business processes and information systems; internal controls for business processes and information systems; core business processes associated with revenue, expenditure and production transaction cycles, together with business reporting; and the role of an enterprise system.

Objectives

The learning goals associated with this unit are to:

• acquire knowledge and understanding of core systems used in business and how these satisfy information needs; database management concepts; modelling business processes using two techniques: data flow diagrams and system flow charts; the importance of internal control and how to apply a control matrix; the core business processes that underpin organizational business activities; the role of an enterprise system
• develop the attitudes, values and beliefs that facilitate the recognition of different types of systems used in business and their impacts on decision making; the role of databases in business systems; the value of documenting business processes
• develop the attitudes, values and beliefs that facilitate identification of activities and business processes that generate specific accounting data; recognition of the risks faced in business processes and systems; appreciation of the interrelated nature of technology and business processes; appreciation of the relationships between accounting and information systems; the value the role of an enterprise system
• develop practical skills in analysis of information needs; use of a popular database management tool; modelling of business processes; use of a popular modelling tool; evaluation, analysis and interpretation of the efficacy of business processes, supporting systems, internal controls and the reliability of accounting data generated within these processes
• develop and enhance the relationships, communication and team work skills through collaborative learning and team work associated with documenting and analyzing business processes; problem solving and critical thinking in ambiguous and dynamic contexts.

Assessment

Assignments: 40%
Examination (3 hours): 60%

Contact hours

3 hours per week

Prohibitions

AFF5110