Final 15 6 May 2020, answers PDF

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SUBJECT GUIDE

Faculty of Business, Design and Information Technology Higher Education

BAC203 Accounting Information Systems Semester 1 2020

Program Code:

Program Name:

BACC16:

Bachelor of Business (Accounting)

The information contained in this subject guide is correct at time of publication. Holmesglen has the right to change any of the elements contained in this document at any time. Last updated: 26 February 2020

UNCLASSIFIED Holmesglen: cm gdp 26-Feb-2020 L:\GDP\Teaching\T&L\202010\Business Degrees\BAC203\BAC203_SG_CM_V1.docx

BAC203 Accounting Information Systems Teaching Staff Subject Coordinator: Name: Phone: Email: Location: Consultation:

Clare Milligan (03) 9564 2050 (fixed line to Institute only) [email protected] C1.2.15 TBA – Further details will be made available on Brightspace

Subject Teacher: Name: Phone: Email: Location:

Clare Milligan (03) 9564 2050 (fixed line to Institute only) [email protected] C1.2.15

Page 2 of 10

Subject Guide

Subject Overview The subject commences with an overview of accounting information systems, their role in organisations and the impact of information technology on accounting systems. Students learn about the lifecycle of software development and how this impacts upon the commercial choice for appropriate accounting information systems. A variety of documentation procedures are taught and are used to map out the accounting cycles (such as the sales and purchases cycles). Relational databases and database normalisation concepts are introduced. Students must use these concepts to construct an appropriate AIS for a given trading business scenario. Based on these designs, students learn to use MS Access to create a complete single entry AIS. An examination is made of the importance of having adequate internal control procedures in place in an accounting information system and the different types of internal controls that should be present, whether in a manual or computerised environment. Internal controls specific to computerised accounting information systems, such as computer security, input, processing and output controls, are also investigated. Finally, students consider issues of ethics, privacy and computer security as they apply to modern computerised systems.

Learning Outcomes a)

Understand the role of hardware, software, networks, and people in a computerised accounting information system

b)

Use flowcharting software to document business processes

c)

Apply relational database concepts and techniques to design and construct functional accounting information system elements using relational database software

d)

Understand the software life cycle and how it applies to the development of accounting information systems

e)

Analyse the importance of internal controls and role of audit and assurance for the accounting information system

Contact Hours This subject is a four (4) hours per week contact subject, comprising of a combination of lectures, tutorials and hands-on sessions, in a computer lab.

Expected Workload This is a six (6) credit point subject which involves four (4) timetabled contact hours each week over 13 face-to-face delivery weeks. In addition, it is expected that you will spend eight (8) hours of personal study including researching, reading, writing and reflecting on the subject material. The total time commitment for this subject is approximately 156 hours.

Subject Pre-requisites BAC102 Computerised Accounting Applications

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Subject Guide

Teaching Methods and Subject Schedule This subject consists of a weekly lecture and tutorials and complemented by online engagement. Week

1

2

3

Week Com 2020

24 February

2 March

9 March

4

16 March

5

23 March

6

30 March

7 Spread over 2 weeks

Topic

Topic 1: An Overview of AIS, Transaction Processing and ERP Systems Adobe Spark – Learning Journal Microsoft Project – Gantt Chart Topic 2: Documenting Information Systems Microsoft Visio/flowcharting software Topic 2 (continued): Documenting Information Systems Microsoft Visio/flowcharting software Topic 3: The Revenue and Expenditure Cycles

Topic 4: Relational Databases (Introduction) Topic 4 (continued): Relational Databases (REA data model & Normalisation) Topic 5: Using MS Access to Build a Database

6 April

Readings

Key date(s)

Topic 1: Readings, Activities & Tutorial Questions

In groups of two (maximum), students form “companies”

Topic 2: Readings, Activities & Tutorial Questions

“Companies” registered & group project distributed

Topic 2: Readings, Activities & Tutorial Questions Topic 3: Readings, Activities & Tutorial Questions Topic 4: Readings, Activities & Tutorial Questions Topic 4: Readings, Activities & Tutorial Questions Topic 5: Readings, Activities & Tutorial Questions

Group project Part 1a due Sunday 22 Mar by 11:55 pm Online Test 1 available Friday 27 March

Group project Part 1b due Sunday 12 April by 11:55 pm

Mid Semester Break (includes Easter Public Holidays) Thursday 9 April – Wednesday 15 April 2020 8

20 April

Topic 5 (continued): Using MS Access to Build a Database

9

27 April

Topic 5 (continued): Using MS Access to Build a Database

10

4 May

Topic 6: Internal Controls in AIS

11

11 May

Topic 6 (continued): Internal Controls in AIS

Topic 5: Readings, Activities & Tutorial Questions Topic 5: Readings, Activities & Tutorial Questions Topic 6: Readings, Activities & Tutorial Questions Topic 6: Readings, Activities & Tutorial Questions

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Subject Guide

Week

Week Com 2020

Topic

Topic 7: Auditing and Governance of AIS 12

18 May

Readings

Topics 7 & 8: Readings, Activities & Tutorial Questions

Topic 8: Systems Development

Key date(s)

Project Parts 2a & 2b due Sunday 24 May by 11:55 pm Practice exam available on Brightspace

Project Part 2d– software demonstration to client (in class assessment) Exam Revision 13

Project Part 2c – in class software demonstration to client Online test 2 available Friday 29 May

25 May

Project Part 2d – due Sunday 31 May by 11:55 pm

-

1 June

SWOT Vac Week No scheduled classes during this week unless make-up classes timetabled

-

9-19 June

Exam Period (including previous semester’s supplementary exams)

2020 Public Holidays/Institute Closure Labour Day

Monday 9 March 2020

Good Friday

Friday 10 April 2020

Easter Monday

Monday 13 April 2020

ANZAC Day

Saturday 25 April 2020

Queen’s Birthday

Monday 8 June 2020

Institute Conference

Friday 28 August 2020

AFL Grand Final Friday Eve

Friday 25 September 2020

Melbourne Cup Eve

Monday 2November 2020

Melbourne Cup Day

Tuesday 3 November 2020

Note: The Institute is closed on public holidays and therefore there will be no classes on these days.

Subject Resources The following resources relate specifically to this subject. Prescribed Text(s) and Readings: There are no prescribed textbooks for this subject. Weekly textbook excerpts, readings and articles will be made available on Brightspace. Page 5 of 10

Subject Guide Recommended Text(s) and Readings: Bodnar, G. H., & Hopwood, W. S. (2013). Accounting information systems (11th ed.). Boston: Prentice Hall. Chang, C. Janie., & Ingraham, Laura. R., (2007). Modeling and designing accounting systems: using Access to build a database. Hoboken, N.J.: John Wiley & Sons, Inc. Gelinas, U. J., Dull, R. B., & Wheeler, P. (2014). Accounting information systems (10th int. ed.). South Melbourne, VIC: Cengage Learning. Hall, J. A. (2019). Accounting information systems (10th ed.). Boston, MA: Cengage Learning. Hurt, R. L. (2016). Accounting information systems (4th ed.). New York, NY: McGraw-Hill. Parkes, A., Considine, B., Blount, Y., & Olesen, K. (2016). Accounting information systems (5th ed.). Milton, QLD: John Wiley & Sons Australia. (e-text and Print ISBN: 9780730325048). Perry, J. T., & Newmark, R. (2011). Building accounting systems using Access 2010 (8th ed.). Mason, OH: South-Western. Quinn, M. (2018). The Routledge companion to Accounting Information Systems (1st ed.). New York, NY: Routledge. Richardson, V. (2018). Accounting Information Systems (2nd ed.). New York, NY: McGraw-Hill Education. Romney, M. B., & Steinbart, P. J. (2018). Accounting information systems (14th global ed.). Harlow: Pearson. Simkin, M.G., Worrell, J. L., & Savage, A. A. (2018). Core concepts of accounting information systems (14th ed.). Hoboken, NJ: John Wiley & Sons. Turner, L., Weickgenannt, A., & Copeland, M. K. (2017). Accounting information systems: controls and processes (3rd ed.). Hoboken, NJ: John Wiley & Sons, Inc. WARNING: Possession of photocopied texts is strictly prohibited. This is a direct breach of the Copyright Act 1968 (Cth) and should not occur without express permission of the Copyright Owner. Useful websites: Clarke, R. (2009). Fundamentals of ‘Information Systems’. Retrieved from http://www.rogerclarke.com/SOS/ISFundas.html Collins, J. C. (2018). Articles published by J Carlton Collins, CPA. Retrieved from http://www.asaresearch.com/web/articles.h tm LinkedIn Learning.com. (2020). Training videos. Retrieved from linkedin.com/learning Journals: Australasian Journal of Information Systems Intelligent Systems in Accounting, Finance and Management International Journal of Accounting Information Systems Journal of Accounting and Management Information Systems Journal of Information Systems

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Subject Guide

Assessment Structure The assessment structure is shown in the table below, detailed descriptions of each assignment are in the following sections. Assessment Task

Major Project

Online Tests x 2 Final Examination

Weight

60%

10% 30%

Due Date Part 1a: Sunday 22 March Part 1b: Sunday 12 April Parts 2a – 2b: Sunday 24 May Part 2c: In class week 13 Part 2d: Sunday 31 May Test 1: Open 27 Mar till 3 April Test 2: Open 29 May till 5 June Refer to exam timetable (weeks 15-16)

Learning Outcomes

1, 2, 3, 4 & 5

1, 3, 4 & 5 1, 3, 4 & 5

Late Submissions: Submission of an assessment item after the due date and time, without an approved time extension, will result in a reduction of 10% of the possible maximum mark for that assessment item for each calendar day or part thereof.

Hurdle Requirements: A total combined score of 50% or greater is require to pass this subject, additionally the following hurdles must be met: Students must achieve a minimum of 45% of marks available in the final examination and complete all assessment components before being considered for a pass grade or above.

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Subject Guide

Assessment Tasks Assessment Task 1 Title:

Major Project

Weighting

60%

Task overview

This assignment (to be done in groups of two students maximum) comprises a comprehensive case study where the student is required to design, document and build an information system using Microsoft Access. Other deliverables for the assessment are a written report and a demonstration of the software that has been built, to the client. In addition, each student will be required to maintain an individual learning journal in which they document and reflect upon their learning experience during the semester.

Word limit/time allocation

Practical component (parts 1b, 2a & 2c): Group written component (parts 1a & 2b): Individual learning journal (part 2d):

2 100-word equivalence approx. 1 500 words approx. 750 words per student

Due date and time

Part 1a: Structured narrative table Part 1b: Flowcharts & database design Part 2a: Database application Part 2b: Report Part 2c: Software demonstration Part 2d: Individual learning journal

Sunday 22 March by 11:55 pm Sunday 12 April by 11:55 pm Sunday 24 May by 11:55 pm Sunday 24 May by 11:55 pm In class week 13 Sunday 31 May by 11:55 pm

Assessment Task 2 Title:

Online Tests x 2

Weighting

2 x 5 marks = 10%

Task overview

Students will be required to complete 2 online multiple-choice question (MCQ) tests during the semester in Brightspace. Using Brightspace for the online tests will allow students to receive individual versions of the tests, as questions will be drawn at random from a test bank. Online Test 1 will cover topics completed in weeks 1 through 4 (topics 1, 2 & 3) and Online Test 2 will cover topics completed in weeks 5, 6 and 10 through 12 (topics 4, 6, 7 & 8). The tests are to be completed at home or at Holmesglen (outside class time) and are therefore open book. Each test will be opened by the tutor for a discrete and limited time period, during which time students are to attempt and complete the online test. Once the time period has lapsed for each online test, the test will be closed and students will no longer be given access to the particular test in question. The tests will be self-marking to ensure students receive timely feedback to help them manage their own learning. Prior to completing the tests, students will be given practice quiz questions in Brightspace

Word limit/time allocation

Each test will contain 20 multiple-choice questions with a time limit of 60 minutes per test.

Due date and time

Online Test 1 will be available from Friday 27 March to Friday 3 April . Online Test 2 will be available from Friday 29 May to Friday 5 June.

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Subject Guide

Assessment Task 3 Title:

Final examination

Weighting

30%

Task overview

The examination will focus on the course material covered in weeks 1-12 and consists of two parts as detailed below: 



Part A: Short Answer Questions Part B: Case Study or extended response questions

Word limit/time allocation

Closed book, 2 hours in duration with 10 minutes reading time

Due date and time

Refer to exam timetable (weeks 15-16)

Adverse Circumstances An application for a Deferred Assessment and/or Special Consideration can be made where a student has experienced adverse personal circumstances. For more information and to apply, visit Holmesglen Forms: https://holmesglen.edu.au/Students/Current-Students/Student-Forms/

Academic Misconduct All students are required to meet Holmesglen’s academic integrity standards. These standards reinforce the importance of integrity and honesty in an academic environment. For more information, visit Holmesglen’s rules for student discipline: https://holmesglen.edu.au/Holmesglen/media/Word-docs/Rule_For_Student_Discipline.docx. Information regarding plagiarism is available at: https://holmesglen.edu.au/Students/Current-Students/Plagiarism/

Page 9 of 10

Subject Guide

Marking and Grading Guidelines Grade

Mark

Description

HD

80 – 100

High Distinction

Outstanding standard. Evidence of comprehensive knowledge and understanding; masterful application of relevant skills and academic ability; achievement of all assessment objectives at a consistently excellent level

D

70 – 79

Distinction

Very good standard. Evidence of very good level of knowledge and understanding, very good application of relevant skills and academic ability; achievement of all assessment objectives at a very good level.

C

60 – 69

Credit

Good standard. Evidence of good knowledge and understanding, good application of relevant skills and academic ability; achievement of all assessment objectives at a good level.

P

50 – 59

Pass

Satisfactory standard. Evidence of adequate knowledge and understanding; satisfactory application of relevant skills and academic ability; satisfactory achievement of assessment objectives.

N...