ACF2400 Accounting information systems
Faculty of Business and Economics
ACF2400 Accounting information systems is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Caulfield. It needs ACC1200, ACW1020, ACF1100, ACB1020, ACF1200, ACX1100, ACC1100, ACW1120, ACX1200 or ACB1120 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2023
- Semester 1, Semester 2
- Caulfield
- Assessment
- Exam 40%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before ACF2400
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
- ACC1200Accounting for managersNo reviews yet
- ACW1020Accounting in businessNo reviews yet
- ACF1100Introduction to financial accountingNo reviews yet
- ACB1020Accounting in businessNo reviews yet
- ACF1200Accounting for managersNo reviews yet
- ACX1100Introduction to financial accountingNo reviews yet
- ACC1100Introduction to financial accountingNo reviews yet
- ACW1120Financial accounting 1No reviews yet
- ACX1200Accounting for managersNo reviews yet
- ACB1120Financial accounting 1No reviews yet
After ACF2400
1 unit list ACF2400 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
At the core of Accounting Information Systems is the idea that accountants must understand the core business processes that underpin the business activities in an organisation and generate transaction data. The focus will be on an introduction to: enterprise systems; database management; documentation methods; internal controls (in order to ensure resources remain secure from losses through both inadvertent and malicious actions); ethics and the core business processes found in organisations.
Further, given the role technology plays in accounting, with many accounting systems being computerised, other topics covered include: how hardware, software and human processes turn data into useful financial and non-financial information for decision making; corporate modelling theory; models as decision support tools; types and uses of models; benefits and limitations of models; and principles of effective spreadsheet design.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment60%
- Examination40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
examine the role of business processes and accounting information systems in capturing, storing, managing and analysing data to support the needs of stakeholders and data driven decision making
- 2
explain, analyse and evaluate the design and security features of effective accounting information systems
- 3
interpret, analyse, and evaluate the accounting information generated by various business processes
- 4
identify and explain sources of threat to accounting information systems and business processes, and propose appropriate internal controls for managing risk in a global context
- 5
interpret and analyse data to develop business information for financial modelling to assist in the operation of accounting information systems
- 6
recommend and justify business decisions according to ethical principles in the context of accounting information systems.
Workload and teaching
- Tutorials24 hours
- Lectures12 hours
- Teaching approachResearch activities
- Teaching approachCase-based teaching
- Teaching approachActive learning
- Teaching approachProblem-based learning
- Teaching approachWork-integrated learning
- Teaching approachSimulation or virtual practice
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 allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
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 provides you with the opportunity to engage in work-integrated learning to incorporate professional and industry experience into your studies.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
Learning resources
Required resources
Romney, M.B., Steinbart, P.J., Summers, S.L. & Wood, D.A. (2020). Accounting information systems, Global Edition, 15th Edition, Pearson Education Limited. ISBN 9781292353364
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ACF2400 is part of 2 areas of study in the 2023 handbook.
Contacts
- Chief Examiners
- Dr Edward Tello Melendez
- Dr Xiaoxiao Yu
Common questions
What are the prerequisites for ACF2400?
You need ACC1200, ACW1020, ACF1100, ACB1020, ACF1200, ACX1100, ACC1100, ACW1120, ACX1200 or ACB1120 before you enrol. Enrolment rules also apply.
What can I take after ACF2400?
ACF2400 is a prerequisite or corequisite for 1 unit, including ACX3900.
When is ACF2400 offered?
In 2023, ACF2400 runs in Semester 1 and Semester 2 at Caulfield.
How much work is ACF2400?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACF2400 have an exam?
Yes. The exam is worth 40% of the final mark, alongside 1 other task.
Which majors and minors include ACF2400?
ACF2400 is part of Accounting.