Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedCaulfield First semester 2015 (Day)
Caulfield First semester 2015 (Evening)
Caulfield Second semester 2015 (Day)
Caulfield Second semester 2015 (Evening)
Coordinator(s)Dr Red Ceglowski


Because most accounting systems are computerised, accountants must understand software and information systems to turn data into financial information and to develop and evaluate controls. This unit builds an understanding of the way accounting information systems work so that students may use, analyse and contribute to the design of accounting information systems and subsystems. Accordingly, the unit provides students with an understanding of critical information technologies that drive information systems; core business processes that allow an organisation to operate efficiently and effectively; common documentation tools used to diagram and assess business processes and databases; and internal control concepts that can be applied to mitigate risks.


The learning objectives associated with this unit are to:

  1. understand the use of information systems for business and analyse and make recommendations on the utilisation and design of such systems
  2. interpret business process documentation including flowcharts and data flow diagrams
  3. communicate with database professionals about the design of databases
  4. critique computerised and manual business processes in terms of their exposure to risk, and suggest internal controls that address the risks
  5. apply critical thinking and problem solving to activities dealing with accounting information systems.


Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


Either ACF5950 or AFX9500


AFF2851, AFC2851, AFX9520, AFX9521, AFX9580 and ACF5958