Accounting Information Systems ACNE 4319

Course description:

This course aims to help students to learn accounting systems concepts and applications. It includes a general view of AIS and its environment and components. Accounting cycles, review of the recent information technology, and the control & development process of AIS. Accounting Information Systems is concerned with the way computerized information systems impact how accounting data is captured, processed, and communicated. The accounting information system is at the heart of a company’s enterprise systems.  
This course offers a focused look at accounting information systems as part of enterprise resource planning systems. It includes consideration of issues such as transaction processing and transaction processing cycles, the use and effects of computers and other relevant technology on accounting, database and file systems, internal controls.

Course Aims:

Explores, in detail, several typical AIS application subsystems, such as revenue, payment, payroll, and production cycles. 
The role of accounting information, business processes, system flowcharts and documentation, transaction cycles, business environment and the control of risk. 
Develop skills that will enable graduates to critically analyze and evaluate the existing AIS and propose control procedures that are appropriate and sensible.

Course outcomes:

By the end of this course it is expected that the student will be able to:
  • Understanding of how information systems, particularly accounting information systems, can assist in attaining organizational objectives, and how they can improve planning and control at all levels of the organization.
  • Understanding the technical nature of (and interrelations between) physical resource flows, source documentation, financial flows, internal controls, accounting information procedures, and management control systems for both manual and computerized accounting information systems.
  • Understand the business processes and accounting cycles: how accounting transactions are initiated, processed and recorded and the operational and information functions of several major AIS subsystems, how these subsystems interface with one another, and the principle inputs, processes, files and outputs associated with these subsystems.
  • Document and/or interpret a system using flow charts and assess the differences between computerized processing systems and manual systems.
  • Understand internal controls (both computerized and manual) and its associated risks and an ability to critically evaluate and design the structure of internal control elements with business processes and accounting cycles, and Apply accounting principles and theoretical skills to case-based scenarios.