Accounting Information Systems

1. Accounting Information Systems Introduction

2. Introduction to unit • Teaching Pattern • Text Books • Assessments • Tutorial • Requirements • Objectives

3. Teaching Pattern • Semester teaching pattern: • 13 lectures • 12 tutorials • 5 Lab • Students are expected to spend an additional7 hours each week preparing for the unit • Attendance at ALL of the above is compulsory each teaching week.

4. Syllabus -AIS topics • Topic 1 – Introduction • Topic 2 – Documentation of systems • Topic 3 – Documentation of systems • Topic 4 – Relational databases • Topic 5 – Computer fraud & abuse • Topic 6 – Control & system reliability principles • Topic 7 – Controls for system reliability • Topic 8 – Controls for system reliability • Topic 9 – Auditing information systems • Topic 10 – The revenue cycle • Topic 11 – The expenditure cycle

5. Assessments

6. Final exam • Final exam will cover all material covered in the semester – Lecture, tutorial & labs (concentrating on topics 6 onwards). • Consist of Multiple Choice, short answer & case study based questions • Final exam worth 50% • A practice exam is released before the exam

7. Lecture Structure • Many lectures have lecture discussion questions to illustrate important issues. • Lecture illustration questions & related handouts may only be provided in lectures. • If you wish to use this resource you will need to attend the lectures. • Lecture program in the unit outline.

8. Tutorial Group Presentation “. . . . graduates with good communication skills.” by Ian Rumney in Charter Magazine, March 2006, p.44 “In placing this emphasis on communications KPMG is changing the historical approach to graduate recruitment. In the past there was greater emphasis on university grades. But there’s been so much research into things like emotional intelligence that we now know that grades are not the best predicator of people’s work performance . . . . . . . 90% of communication with clients is verbal. The written stuff is summarising meetings and documenting things. People also assume its only about conveying information. But from our perspective the ability to ask the right question is equally important.”

9. Tutorial Group Presentation 中国财经报/2006 年/4 月/28 日/第008 版 • 联想亚太区会计总监杜左玲： 一个真正优秀的财务人员应该具备的关键素质有两点：敏锐和沟通 如何炼成一个优秀的 CFO

10. Tutorial Group Presentation 中国财经报/2006 年/4 月/28 日/第008 版 • 敏锐： 高度的数字敏感性。因为有了敏锐，你才能发现潜在的商机；有了敏锐，你才能从枯燥的数字中捕捉和嗅出经营中的不和谐音符。 如何炼成一个优秀的 CFO

11. Tutorial Group Presentation 中国财经报/2006 年/4 月/28 日/第008 版 • 沟通： 沟通中最重要的原则是要用非专业的、平淡的语言或形象的数字、巧妙的比喻将财务会计中专业的深奥的理论和术语表达出来，让人接纳并信服！只有听得懂才能听下去，只有听下去你才有机会获得支持和理解，才能在企业中将财务工作做得有声有色。 如何炼成一个优秀的 CFO

12. Tutorial structure • 20 Students are divided into 8 groups(3-4,2-4 ). • 3 Tutorial questions need to be prepared in advance for each tutorial. • 4 Groups give presentation in each tutorial. Each group does on 1 or 2 of 3 tutorial questions (the same questions will be done by two groups). • All students need to prepare a written answer for the 3 questions with your name and student number at the top.

13. Tutorial Group Presentation • You should plan to take 15-18 minutes for your presentation and allow a further 3-4 minutes for class discussion (refer following individual commentary).

14. Tutorial Group Presentation You may consider the following guidelines when preparing your presentation: Do: Content • Keep things simple – pitch it to an appropriate level for your audience. • Include a clear and motivating introduction – outline the structure of your talk. • Ensure your presentation has a logical sequence.

15. Tutorial Group Presentation You may consider the following guidelines when preparing your presentation: Do: Content • Ensure that your talk and visual resources are well organised. Ensure slides/ppt. are brief and legible (min. font size 18pt). Check equipment. • Ensure your conclusion is brief and outlines your main argument/case. Anticipate and prepare for likely questions.

16. Tutorial Group Presentation You may consider the following guidelines when preparing your presentation: Delivery • Rehearse your talk at least 2 or 3 times. It will go much more smoothly if you do. Check your timing and be prepared to edit. Get feedback on distracting mannerisms and attempt to overcome these. • Engage your audience - make eye contact with everyone in the audience. • Speak clearly and not too quickly.

17. Tutorial Group Presentation You may consider the following guidelines when preparing your presentation: Do not: Delivery • Read long parts of your slides - this is boring for the audience. • Panic if you lose your place or go blank. • Look at your slides or notes instead of the audience. • Use jargon or acronyms without explanation – this alienates the audience.

18. Tutorial questions • The unit concentrates on concepts & applying those concepts to different problems. • Many problems will have more than one correct answer. • Emphasis on good judgment based on knowledge & then supporting your opinion.

19. Tutorial questions • One of the main outcomes of the unit is problem solving. • Feedback from Accounting firms indicates this is a highly desirable attribute in a graduate. • Your tutor might give a suggested solution for each tutorial question.

20. Tutorial structure • These & other materials will be discussed by the tutorial class. • Solutions for tutorial questions are NOT released but are discussed in tutorials. • Your tutor will NOT allow you to electronically copy or photograph the solutions. • Exam and test questions are based on tutorial questions.

21. Random Submission Marking Criteria

22. Passing the unit • To achieve a pass (or better) in Accounting Information systems you need; • To make a reasonable attempt at all assessment tasks. • Students must obtain 50% or higher combining the three assessments listed above.

23. Unit objectives • The unit aims to provide students with: • An understanding of Accounting Information Systems & internal control concepts • Problem solving skills that are then applied successfully to different situations

24. Preview for Next week • Romney: Chapter 1 Chapter 2 • Download lecture notes for Lecture 1

25. The end!