Financial Information Systems

ACC10008 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 36

2020 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
3 Aug 20 - 1 Nov 20

Results:
8 Dec 20

Last self enrolment:
16 Aug 20

Census:
31 Aug 20

More teaching periods

Swinburne Online

Teaching Period 2

Dates:
6 Jul 20 - 4 Oct 20

Results:
27 Oct 20

Last self enrolment:
19 Jul 20

Census:
31 Jul 20


Aims and objectives

The aim of this subject is to introduce students to financial information systems, both manual and computer based. The basis of the subject is the accurate recording of all transactions following the principles of double entry accounting. In addition, students are introduced to the concepts of internal control and management accounting.
 
Students who successfully complete this unit will be able to:
 
1. Explain the importance of accurate and timely recording of financial transactions following generally accepted accounting principles
 
2. Apply the rules of double entry accounting to financial transactions in the ledgers (general and subsidiary) and journals (general and special)
 
3. Record transactions either manually or electronically using double entry accounting software for a business
 
4. Apply generally accepted accounting concepts to a range of transactions for a business
 
5. Work collaboratively in a team environment, to achieve set goals related to increasing knowledge of the accounting process