Accounting and Decision Support Systems PG (11407.3)

This unit provides you with a simulated work experience. Simulated industry projects and case studies will be used for you to understand the development and use of accounting information systems (AIS), including the interaction between an accounting information system (AIS) and an entity's enterprise resource planning system (ERP), systems documentation, internal controls and governance issues. You will also develop skills in analysing and visualising business data using business intelligence tools, reflecting current industry practices. Finally, you will develop technical skills using Microsoft Excel to build decision-support models, evaluate their outputs and identify the impacts of assumptions built into these models.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Research, analyse and reflect on the importance of internal controls in enhancing corporate governance;
2. Design internal controls that identify and manage an entity's risks, protect shareholder investments and safeguard assets;
3. Review and assess internal controls and governance frameworks for accounting information systems;
4. Prepare business analyses and reports from unstructured data using data analytics and data visualisation software;
5. Synthesise complex information in the design and development of complex spreadsheet-based decision support models; and
6. Research, evaluate and assess the impact of the assumptions used in developing decision support models.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - evaluate and adopt new technology

Prerequisites

6222 Accounting Systems & Practices G

Corequisites

None.

Incompatible units

11216 Accounting and Decision Support Systems

Equivalent units

None.

Assumed knowledge

A sound understanding of financial accounting, particularly how to journalize transactions and events.