ACB2420 Accounting information systems
Faculty of Business and Economics
ACB2420 Accounting information systems is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Peninsula. It needs ACB1020, ACC1200, ACX1200, ACF1100, ACB1120, ACF1200, ACW1120, ACC1100, ACW1020 or ACX1100 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Peninsula
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ACB2420
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
- ACB1020Accounting in businessNo reviews yet
- ACC1200Accounting for managersNo reviews yet
- ACX1200Accounting for managersNo reviews yet
- ACF1100Introduction to financial accountingNo reviews yet
- ACB1120Financial accounting 1No reviews yet
- ACF1200Accounting for managersNo reviews yet
- ACW1120Financial accounting 1No reviews yet
- ACC1100Introduction to financial accountingNo reviews yet
- ACW1020Accounting in businessNo reviews yet
- ACX1100Introduction to financial accountingNo reviews yet
After ACB2420
1 unit list ACB2420 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
The objective of this unit is two-fold. First, the unit provides you with a broad introduction to accounting information systems and the role technology plays in accounting. The focus will be on an introduction to: enterprise systems; database management; documentation methods; internal controls; and the core business processes found in organisations. Second, the unit focuses on corporate modelling theory; models as decision support tools; types and uses of models; benefits and limitations of models; effective spreadsheet design; auditing spreadsheet models and development of various models using an industry standard spreadsheet.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
examine the role of accounting information systems in analysing and providing decision support to managers
- 2
explain the design of accounting information systems and financial models
- 3
develop financial models to assist in decision making
- 4
apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with accounting information systems and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACB2420.
Workload and teaching
- Lectures18 hours
- Tutorials18 hours
- Teaching approachProblem-based learning
- Teaching approachSimulation or virtual practice
- Teaching approachIndustry-based learning
- Teaching approachCase-based teaching
- Teaching approachResearch activities
- Teaching approachActive learning
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.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
This unit provides you with the opportunity to engage in industry-based learning to incorporate professional and industry experience into your studies.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Prescribed e-text book is available through the Monash Library website: Moroney, R., Campbell, F. and Hamilton, J. (2017). Auditing: A Practical Approach, 3rd Edition. Milton, Australia: Wiley.
Link for access through Monash Library: https://monash.hosted.exlibrisgroup.com/permalink/f/tjo511/catau51306392770001751
Optional interactive E-Text is available from the publisher. Link to purchase the interactive E-Text: https://www.wileydirect.com.au/buy/auditing-a-practical-approach-3rd-edition/
Where it fits
ACB2420 is part of 2 areas of study in the 2022 handbook.
Contacts
- Chief Examiners
- Associate Professor Ly Fie Sugianto
Common questions
What are the prerequisites for ACB2420?
You need ACB1020, ACC1200, ACX1200, ACF1100, ACB1120, ACF1200, ACW1120, ACC1100, ACW1020 or ACX1100 before you enrol. Enrolment rules also apply.
What can I take after ACB2420?
ACB2420 is a prerequisite or corequisite for 1 unit, including ACX3900.
When is ACB2420 offered?
In 2022, ACB2420 runs in Semester 2 at Peninsula.
How much work is ACB2420?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACB2420 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ACB2420?
ACB2420 is part of Accountancy.