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2014/2015  BA-BHAAI1031U  Computer accounting – Theory and practice

English Title
Computer accounting – Theory and practice

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration Summer
Course period Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Course instructor - Dr. Jayce Naidoo, Victoria University
    Patricia Plackett - MPP
Main academic disciplines
  • Information Systems
  • Communication
  • Management of Information and Knowledge Management
  • Financial and management accounting
Last updated on 12-02-2014
Learning objectives
At the end of the course the student should be able to:
  • Set up a small business's accounting records using MYOB software.
  • Demonstrate how accounting transactions are recorded and reported in a computerised accounting information system.
  • Understand the issues involved in accounting systems selection and design.
  • Identify the key issues involved in accounting control techniques within a computerised package.
Course prerequisites
No formal academic prerequisites.
Prerequisites for registering for the exam
Number of mandatory activities: 1
Compulsory assignments (assessed approved/not approved)
Mandatory Mid-term Assignment: Students will form groups of four and make use of PowerPoint slides to present their findings in regards to the internal controls of a company’s accounting computer package.
Home Assignment:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual
Size of written product Max. 10 pages
Assignment type Written assignment
Duration Written product to be submitted on specified date and time.
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Summer Term
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content and structure

The converging role of business information systems and accounting in businesses today means that students must have good understanding of accounting information systems and their impact on core business processes. This course will extend students' understanding of accounting procedures, systems and information flows to enable them to record, summarise and communicate financial data in a computerised accounting environment. Additionally, the course will develop the students' understanding of accounting software packages available on the market and will demonstrate the use of MYOB(Mind Your Own Business software).
The course will cover the following areas:

  • Accounting information foundations and concepts
  • Analysis of the information needs of a business
  • System control structures in a computerised accounting environment
  • Accounting information systems applications
  • Transaction processing and accounting report production using computerised accounting systems

MYOB as a software package will readily teach students the essential steps in computerized control of data that is essential in the management of a firm. This skill is regarded as essential in certain professional qualifications and is an important skill set for students taking corporate positions and especially for entrepreneurs who wish to manage limited financial resources as simply as possible.
For the Preliminary Assignment students will be provided with a set of questions to research about a company that makes use of a computerised accounting package. They will submit the answers to these questions. The Mid-term Assignment will require students to work in groups of four and focus on a company’s computerised accounting software and the internal controls of the package.

Class Schedule

Class Topic
Class 1 Introductory accounting concepts
Class 2 Business processes theory
Class 3 Preliminary Assignment
System documentation and practical setting up a company using MYOB
Class 4 Internal controls
Class 5 Mandatory Mid-term Assignment
Transaction cycle theory – revenue cycle
Class 6 Transaction cycle theory – expenditure cycle practical
Class 7 Practical purchases and sales theory production cycle
Class 8 Theory production cycle
Class 9 Theory - General ledger and financial reporting cycle
Class 10 Theory - Ethics, fraud and computer crime and practical
Class 11 Comprehensive Review
Teaching methods
Multiple teaching methods will be used including lectures and practical workshops.
Further Information
Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 3 in order to 'jump-start' the learning process.
Expected literature

The following prescribed text to be used:
Brett Considine, Alison Parkes, Karin Olesen, Michael Lee and Derek Speer (2010), Accounting Information Systems: Understanding business processes. John Wiley & Sons Inc., 3rd Edition, ISBN 1742165559.
John Ring. (2011) Introductory Computer Accounting - A Live Data Approach MYOB CD Version 19.0, 20th Edition. ISBN 1876895861.

Last updated on 12-02-2014