Accounting Systems and Reporting
Duration
One Semester or equivalent
Contact hours
- 36 hours Face to Face + Blended + Swinburne Online
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
2023 teaching periods
| Hawthorn Higher Ed. Semester 2 |
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|---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
| Swinburne Online Teaching Period 3 |
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|---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Aims and objectives
This unit has four primary aims. The first is to build a sound understanding of both transaction recording and of the preparation of the main reports that are output from accounting information systems (AIS). The second aim is to build a sound understanding of management accounting foundations. The third is to build an understanding of AIS development processes/ methods and of accountants’ role in different stages of the systems development lifecycle. And the fourth is to unpack the effects and implications of digital disruption and digital business transformation on accounting functions, and on the required roles and competencies of accountants.
2. Demonstrate critical understanding of accounting information systems analysis, design, development, implementation, and maintenance processes and techniques, as well as the role of accountants in optimising these processes and techniques
3. Interpret and critically analyse financial as well as non - financial information to make meaningful comparisons between a business' past, present and future performance
4. Demonstrate coherent and advanced understanding of the effects of digital disruption and digital business transformation on the roles of accountants, and the range of different digital technologies accountants can leverage to supercharge accounting value creation.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Type | Hours per week | Number of Weeks | Total |
Face to Face Contact Class | 3 | 12 | 36 |
Unspecified Learning Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Swinburne Online
Type | Hours per week | Number of Weeks | Total |
Online Contact Directed Online Learning and Independent Learning | 12.5 | 12 | 150 |
TOTAL | 150 hours |
Assessment
| Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
| Assignment | Group | 10-20% | 1,2,3,4 |
| Examination | Individual | 40-60% | 1,2,3,4 |
| Case Study Report | Group | 20-30% | 3,4 |
| Test | Individual | 10-20% | 1 |
Content
- The role of accounting in business
- Purpose of the conceptual framework and accounting standards
- Recording business transactions and preparing financial reports
- Cost concepts, cost behaviours and costing methods
- Accounting information systems (AIS) sourcing, design and development, implementation, maintenance, and lifecycle management
- Interpretation of financial reports and financial ratio analysis
- Impact of digital disruption and digital business transformation on accounting roles and competencies
- Leveraging digital technologies to expand accounting value creation (e.g., Big data, IoT, blockchain, artificial intelligence, robotics)
Study resources
- Reading materials.