Accounting Processes and Analysis

Subject ACCT10003 (2011)

Note: This is an archived Handbook entry from 2011.

Credit Points: 12.50
Level: 1 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2011:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: One 2-hour lecture and a 1-hour tutorial
Total Time Commitment: Not available
Prerequisites: Either 306-103 Accounting 1A or:
Subject
Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2
12.50
Corequisites:

None
Recommended Background Knowledge: Please refer to Prerequisites and Corequisites.
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Coordinator

Dr John Williams, Prof Colin Ferguson

Contact

Prof Colin Ferguson
Email: colinf@unimelb.edu.au

Dr John Williams
Email: wij@unimelb.edu.au

Subject Overview: The objective of this subject is to provide students with a broad introduction to core business processes that underpin organisational business activities and the role and operation of accounting information systems associated with these. In particular, the subject will discuss methods for documenting business processes; internal controls for business processes; core business processes associated with revenue and expenditure transaction cycles and business reporting.
Objectives: On successful completion of this subject a student should be able to:
• identify the activities and business processes that generate specific accounting data;
• describe and explain the two key business processes: Order-to-Cash Process; Purchase-to-Pay Process;
• document business processes;
• explain the role of business processes and accounting data in supporting the information needs of internal and external stakeholders.
• explain the importance of internal control;
• recommend internal control plans to cover key business process risks and to achieve key business process operation and information control goals;
• evaluate, analyse and interpret the efficacy of business processes and the reliability of accounting data generated within business processes;
Assessment:

A 3-hour end-of-semester examination (50%), assignments totalling not more than 4000 words due at regular intervals during the semester (40%), and class participation (10%). Successful completion of this subject requires a minimum 50% pass in the end-of-semester examination.
Prescribed Texts: To be advised.
Recommended Texts: To be advised.
Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

  • High level of development: collaborative learning; problem solving; team work; interpretation and analysis; critical thinking; evaluation of data and other information; use of computer software.

  • Moderate level of development: oral communication; written communication; application of theory to practice; synthesis of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.
Related Breadth Track(s): Information Systems B
Information Technology in Organisations

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