307979 (v.1) Accounting (Technology and Computer Applications) 574

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Area:	School of Accounting
Credits:	25.0
Contact Hours:	3.0
Laboratory:	1 x 1 Hours Weekly
Seminar:	1 x 2 Hours Weekly
Syllabus:	Addresses a subset of both the knowledge and competency requirements of the International Federation of Accountants International Education Guide 11 (IEG11, 2003), 'Information Technology for Professional Accountants'. It is intended to prepare professional accountants to work in the information technology environment. Provides professional accountants with the theoretical knowledge and practical skills required to enable them to demonstrate a required level of competency in the use of information technology and computer based information systems. Specifically addresses three key competency areas identified in IEG11 - Appendix 1, General Information Technology Knowledge Requirements - Systems Acquisition and Development. Appendix 2, User Role Competencies. Appendix 5, Designer Role Competencies. This unit will be of significant practical use for students who will be intensive users (and preparers) of financial statements in their prospective careers - for example, accountants, credit analysts, securities analysts, financial consultants, and those intending a career in banking or merchant banking.
Unit Outcomes:	On completion of this unit students will have - An understanding of the relevant business and accounting systems and in the professional accounting workplace. Demonstrated practical skills in the use of management and financial accounting software tools used to analyse and solve business accounting software tools, accounting packages, database software, networks, and e-business systems. Demonstrated a sound understanding of the systems development life cycle and the professional accountant's role in the analysis and design of accounting information systems, this includes - identification of user needs - consideration of costs and benefits of proposed solutions - appropriate combination of hardware, pre-packaged software, essential control features and other system components - effective implementation and integration of acquired or developed systems with business processes. Understood both current and future trends in the accounting profession.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	Australian Accounting Research Foundation[AARF] Auditing and Assurance Standards Board [AaASB]. (2002). Auditing Guidance Statement 1056: Electronic Commerce: Audit Assessments and Control Considerations. Caulfield, Victoria, Australian Accounting Research Foundation. Boritz, E. (2003, January). IEG-11: Information Technology for Professional Accountants. International Federation of Accountants. Moscove, S. A., Simkin, M. G., and Bagranoff, N. A. (2003). Core Concepts of Accounting Information Systems (8 ed.). New York: John Wiley and Sons Incorporate. Greenstein, M., and Vasarhelyi, M. (2002). Electronic Commerce: Security, Risk Management, and Control (2 ed.). New York, McGraw-Hill Irwin. IT Governance Institute, and Information Systems Audit and Control Foundation. (2002). COBIT (3rd ed), Information Systems Audit and Control Association. Retrieved, from the World Wide Web: www.isaca.org. Sims, I. M., and Standing, C. (2002). Issues in The Development of E-Marketplaces: A Public Sector Perspective. In N. Khosrowpour (Ed.), Issues and Trend of Information Technology Management in Contemporary Organisations. Seattle, Idea Publishing Group. Penman, S.H. (2001) "Financial Statement Analysis and Security Valuation", McGraw Hill Irwin, New York.
Unit Texts:	Moscove S, Simkin and Bagranoff N, (2003), Core Concepts of Accounting Information Systems, (8th ed), John Wiley and Sons Incorporated.
Unit Assessment Breakdown:	Three Case Study Project Assignments 75%, On line MCQ tests 25%. This is by Grade/Mark assessment.