Accounting Information Systems

BA 121 - ACCOUNTING INFORMATION SYSTEMS

Second Semester, AY 2009-10

Prof. Aliza D. Racelis Rm. 203 (BA), aliza.racelis@up.edu.ph

COURSE DESCRIPTION

Design, use and control of various accounting systems

Prerequisites: BA 120 (Auditing Theory and practice); BA 186 (Systems analysis and design)

COURSE OBJECTIVES:

From the point of view of accountants and auditors, to understand:

  • the typical computerized accounting systems

  • the controls in computer-based accounting systems

  • the approach in information systems audit

  • other accounting systems, such as government accounting and non-profit accounting.

COURSE TEXTBOOK:

Hall, James, Accounting Information Systems, South Western Publishing, Ohio.

[available through UP Junior Philippine Institute of Accountants (UPJPIA) ]

COURSE OUTLINE:

Module I: Accounting systems for profit-oriented organizations

I. Accounting Information Systems (AIS)

Basic Elements of AIS

Objectives of AIS

Essential Elements of AIS

Typical business applications

--General Ledger, Financial Reporting

--Revenue Cycle

--Expenditure Cycle

--Conversion Cycle

II. Information Systems Audit

General IT Controls:

--Planning and Organization

--Acquisition and Implementation

--Delivery and Support

--Monitoring

Application Controls

Module 2: Accounting systems for government and non-profits

Government Accounting

Non-profits:

--Objectives of AIS for a non-profit organization

Lectures by Resource Speakers

10 Computer Lab sessions

COURSE REQUIREMENTS and GRADE COMPONENTS:

PROJECT:

Contents:

Part 1:

1) Title Page

2) Table of Contents

3) Acknowledgments

4) Background Information:

a) Overview of Business

b) Organization

c) Products/Services

d) Understanding of two (2) key business processes

Part 2:

5) Evaluation of the Design of Application Controls

6) Results of tests of application controls

7) Recommended improvements

Important:

1. To apply the concepts and tools learned in classroom lectures and discussion to real life situations;

2. To highlight problems and solutions in the business/organization/unit relating to our "overarching" themes, viz.:

  • Internal Controls (general & application controls)

  • Governance and Ethics,

  • Risk Management.

*Revisions and further details may be given out in the course of the academic semester.