ACX2400 Accounting information systems
Faculty of Business and Economics
ACX2400 Accounting information systems is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2021. It needs ACF1100, ACB1020, ACB1120, ACF1200, ACX1100, ACC1100, ACW1120, ACX1200, ACC1200 or ACW1020 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2021
- Other periods
- Caulfield
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2025 entry.
Reviews
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Requisites
Before ACX2400
Prerequisites
Pass these before you enrol.
- ACF1100Introduction to financial accountingNo reviews yet
- ACB1020Accounting in businessNo reviews yet
- ACB1120Financial accounting 1No 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
- ACC1200Accounting for managersNo reviews yet
- ACW1020Accounting in businessNo reviews yet
Prohibitions
You can't enrol if you have passed any of these.
After ACX2400
1 unit list ACX2400 as a prerequisite or corequisite.
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. Thus, the objective of this unit is to provide you with a broad introduction to the core business processes.
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, methods for documenting and analysing business processes, principles of effective spreadsheet design, systems development and maintenance, and the need to understand internal controls in order to ensure (information and other) resources remain secure from losses through both inadvertent and malicious actions.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| October 12 week teaching period | Caulfield | 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 business processes and the use accounting information systems have in capturing and managing information which supports the needs of stakeholders
- 2
analyse and evaluate the design of business processes and accounting information systems
- 3
explain the importance of internal controls and recommend internal controls that cover key business processes and which support the achievement of goals
- 4
synthesise design principles to develop financial models that assist in decision making
- 5
apply critical thinking, problem solving and communication skills to analyse, evaluate and interpret business processes and the accounting data that is generated.
Workload and teaching
- Lectures18 hours
- Tutorials18 hours
- Teaching approachActive learning
- Teaching approachPeer assisted 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.
interactive critical thinking activities and Excel exercises
facilitated learning, practical exploration, case-based and peer learning
Learning resources
Required resources
Danielle Stein Fairhurst, Using Excel for Business Analysis: A Guide to Financial Modelling Fundamentals, Wiley ISBN: 978-1-119-06246-2 both 2013 or 2015 editions are fine. This book is available from the library as an ebook. You may purchase it from the book store if you wish or you can borrow it at no charge from the Monash library.
Technology resources
The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).
Where it fits
ACX2400 is part of 4 areas of study in the 2021 handbook.
Contacts
- Chief Examiners
- Dr Daisy Seng
Common questions
What are the prerequisites for ACX2400?
You need ACF1100, ACB1020, ACB1120, ACF1200, ACX1100, ACC1100, ACW1120, ACX1200, ACC1200 or ACW1020 before you enrol.
What can I take after ACX2400?
ACX2400 is a prerequisite or corequisite for 1 unit, including ACF3900.
When is ACX2400 offered?
ACX2400 has no offerings listed in the 2021 handbook.
How much work is ACX2400?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACX2400 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ACX2400?
ACX2400 is part of Accountancy and Accounting.