Postgraduate - UnitACF5958 - Accounting information and systems modelling

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Accounting
Offered	Caulfield First semester 2014 (Day) Caulfield Second semester 2014 (Day) Caulfield Second semester 2014 (Evening)

Synopsis

The objective of this unit is two-fold. Initially the unit focuses on effective design and auditing of spreadsheet models, types and uses of models, and the benefits and limitations of models for use as decision support tools; various models are developed using an industry standard spreadsheet. Methods such as exploring data variations within financial models, optimisation models, probabilistic and forecasting models are covered; and emphasis placed on hypothesis testing, descriptive statistics, frequency and probability distributions, and simple linear regression and correlation. Having provided practical information analysis tools, the unit proceeds to the theoretical analysis of accounting information and the role technology plays in gathering, storing and managing accounting information. The unit provides an introduction to accounting information systems; business processes; enterprise systems; and internal controls.

Outcomes

The learning goals associated with this unit are to:

demonstrate a working facility with spreadsheet software by formulating well formed computer-based financial models suitable for use by management and decision makers
analyse data produced by models via statistical and quantitative analysis to arrive at rational optimal decision outcomes in business planning, forecasting and management
examine the role of integrated accounting information systems in analysing and providing decision support to financial activities of a company
analyse the issues involved in the use of computerised accounting information systems and financial models
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with accounting information and systems modelling and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACF5958.

Assessment

Within semester assessment: 50%
Examination: 50%

Chief examiner(s)

Dr Red Ceglowski

Workload requirements

Minimum total expected workload equals 144 hours per semester.

Co-requisites

ACF5950

Prohibitions

AFF2851, AFC2851, AFX9520, AFX9521 and GCO8019