This unit is aimed at providing the students with an overall knowledge of business organisations and their structure. The unit will cover all the steps from business strategy to operational planning and financial systems. The internal processes of a business organisation will be described with an emphasis on how they work together to achieve the financial and physical goals of the business.
Accounting information systems and the systems for the processing and recording of business transactions, inventory, sales, purchasing and financial reporting will be described in detail. Tutorial exercises using commercial software will take students through the operational steps of sales, purchasing and deliveries and then produce the main financial statements for the organisation.
A range of new management concepts and tools such as process oriented organisations, control matrices, and systems theory will be described. The unit will also look at how e-commerce and e-business is used in a modern organisation, and give a brief description of contracts and contract law.
2 hrs lectures/wk, 2 hrs tutorials/wk
Students will be expected to spend a total of 12 hours per week during semester on this unit as follows:
Lectures: 2 hours per week
Tutorials/Lab Sessions: 2 hours per week per tutorial
and up to an additional 8 hours in some weeks for completing lab and project work, private study and revision.
Poh Lim
Peter Huynh
Poh Lim
Suttisak Jantavongso
Joshua Akerstein
Examination (2 hours): 60%; In-semester assessment: 40%
| Assessment Task | Value | Due Date |
|---|---|---|
| Business Process and Controls | 10% | 22 April 2012 |
| Visual Enterprise | 10% | 20 May 2012 |
| Online Quiz | 10% | Weekly (starting from Week 2) |
| Tutorial Participation | 10% | Tutorials every week |
| Examination 1 | 60% | To be advised |
Monash is committed to excellence in education and regularly seeks feedback from students, employers and staff. One of the key formal ways students have to provide feedback is through SETU, Student Evaluation of Teacher and Unit. The University's student evaluation policy requires that every unit is evaluated each year. Students are strongly encouraged to complete the surveys. The feedback is anonymous and provides the Faculty with evidence of aspects that students are satisfied and areas for improvement.
For more information on Monash's educational strategy, and on student evaluations, see:
http://www.monash.edu.au/about/monash-directions/directions.html
http://www.policy.monash.edu/policy-bank/academic/education/quality/student-evaluation-policy.html
Previous student evaluation of the unit indicated that students were comfortable using Excel and didn't need to revise these skills in tutorials. Accordingly, these have been dropped from this year's offering. Students enjoyed using Visual Enterprise and these tutorials have been further developed for this year's offering.
If you wish to view how previous students rated this unit, please go to
https://emuapps.monash.edu.au/unitevaluations/index.jsp
Prescribed texts are available for you to borrow in the library.
Ulric J. Gelinas Jr., Richard B. Dull, and Patrick R. Wheeler. (2012). Accounting Information Systems. (9e) South-Western Cengage Learning (ISBN: 978-0-538-46931-9).
Non programmable calculator may be used in the examination.
| Week | Activities | Assessment |
|---|---|---|
| 0 | No formal assessment or activities are undertaken in week 0 | |
| 1 | LECTURE: Introduction to Business Systems, NO TUTORIAL | Weekly Assessment Task 4: Tutorial Participation |
| 2 | LECTURE: Enterprise Systems and e-Business Systems, TUTORIAL: Understanding Information Systems & Enterprise Systems | Weekly commencing in Week 2: Assessment task 3: Online Quiz |
| 3 | LECTURE: Documenting Information Systems, TUTORIAL: Data Flow Diagrams and Systems Flowchart using Visio | |
| 4 | LECTURE: Database Management Systems, TUTORIAL: Database and Entity-Relationship Models | |
| 5 | LECTURE: Controlling Information Systems, TUTORIAL: Risk Management and IT Control Processes | |
| 6 | LECTURE: Business Process and Application Controls, TUTORIAL: Control Matrix and Application Controls | |
| 7 | LECTURE: Basic Accounting, TUTORIAL: Basic Accounting | Assignment 1 due: 22 April 2012 |
| 8 | LECTURE: The Order Entry/Sales Process, TUTORIAL: Visual Enterprise I | |
| 9 | LECTURE: The Billing/Accounts Receivable/Cash Receipts (B/AR/CR) Process, TUTORIAL: Visual Enterprise II | |
| 10 | LECTURE: The Purchasing Process and Accounts Payable/Cash Disbursements (AP/CD) Process, Supply Chain Management (SCM), TUTORIAL: Visual Enterprise III | |
| 11 | LECTURE: The General Ledger and Business Reporting (GL/BR) Process, TUTORIAL: Visual Enterprise IV | |
| 12 | LECTURE: Consolidation and Unit Review, TUTORIAL: Revision | Assignment 2 due: 20 May 2012 |
| SWOT VAC | No formal assessment is undertaken SWOT VAC | |
| Examination period | LINK to Assessment Policy: http://policy.monash.edu.au/policy-bank/ academic/education/assessment/ assessment-in-coursework-policy.html |
*Unit Schedule details will be maintained and communicated to you via your MUSO (Blackboard or Moodle) learning system.
Faculty Policy - Unit Assessment Hurdles (http://www.infotech.monash.edu.au/resources/staff/edgov/policies/assessment-examinations/unit-assessment-hurdles.html)
Analyzing the business process and preparing:
Preparing a control matrix, including explanations of how each recommended control plan helps to accomplish the operations process goals.
Using Visual Enterprise to demonstrate accounting calculations involved in purchase orders, sales orders, deliveries, invoicing and preparation of Balance Sheet and Income Statements.
Students are required to log-in to unit website on Moodle to attempt the quiz.
Two (2) attempts allowed and the highest score is taken.
Participation in tutorials. Completion of class exercises, contribution to class discussions etc.
It is a University requirement (http://www.policy.monash.edu/policy-bank/academic/education/conduct/plagiarism-procedures.html) for students to submit an assignment coversheet for each assessment item. Faculty Assignment coversheets can be found at http://www.infotech.monash.edu.au/resources/student/forms/. Please check with your Lecturer on the submission method for your assignment coversheet (e.g. attach a file to the online assignment submission, hand-in a hard copy, or use an online quiz).
Submission must be made by the due date otherwise penalties will be enforced.
You must negotiate any extensions formally with your campus unit leader via the in-semester special consideration process: http://www.infotech.monash.edu.au/resources/student/equity/special-consideration.html.
Students can expect assignments to be returned within two weeks of the submission date or after receipt, whichever is later.
Referencing internet and electronic sources, Harvard reference style
http://www.monash.edu.au/lls/llonline/quickrefs/22-referencing-internet.xml
IEEE Referencing
http://www.lib.monash.edu/tutorials/citing/ieee.html
Monash has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University's academic standards, and to provide advice on how they might uphold them.
You can find Monash's Education Policies at:
http://policy.monash.edu.au/policy-bank/academic/education/index.html
Key educational policies include:
The University provides many different kinds of support services for you. Contact your tutor if you need advice and see the range of services available at www.monash.edu.au/students. For Sunway see http://www.monash.edu.my/Student-services, and for South Africa see http://www.monash.ac.za/current/
The Monash University Library provides a range of services and resources that enable you to save time and be more effective in your learning and research. Go to http://www.lib.monash.edu.au or the library tab in my.monash portal for more information. At Sunway, visit the Library and Learning Commons at http://www.lib.monash.edu.my/. At South Africa visit http://www.lib.monash.ac.za/.
Academic support services may be available for students who have a disability or medical condition. Registration with the Disability Liaison Unit is required. Further information is available as follows: