Accounting Information System

Course Code: ACT 422

Credit Hour: 3

Course Group: Specialization Course: Accounting

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Part: A (Theory 70%)

The information System: An accountant's Perspective - The information environment, the framework of AIS and the various sub systems. Organizational structure, The Role of the Accountant - Accounting information Systems - AIS and MIS - Accounting as a System - Users of Accounting Information System - Management Structure Information Technology and Corporate Strategy - The AIS and Corporate Strategy - How AIS can Add Value to an Organization - Models of Decision Making -Human Aspect of the AIS - Transaction processing - Computer Hardware and Software in AIS -Computerized Accounting Systems - Tools to implement Accounting System.

Introduction to transaction processing - An overview of transaction processing: Transaction cycles - the expenditure cycle - accounting record keeping - Audit Trail, The Chart of Accounts - Different Methods Coding - Documentation techniques - Computer based accounting Systems.

Data Processing and Data Based Management System (DBMS): Data Input - Data Storage - Data Processing - Information Output - File-oriented Approach - Data Base Approach - Logical and Physical Views of Data – Schemas - Data Dictionary - DBMS Languages - Relational Data Bases - Data Based Management Systems (DBMS) - Data Modeling and Data Base Design - Introduction to E- Business.

Documenting AIS: Importance of Documentation - Document Flow Charts - Guidelines for drawing DFC - System Flow Chart & DFD - System FC & Guidelines - Program FC - Decision Table - Case Tool.

Ethics, fraud and Internal Control: Ethical issues in business - fraud and accountants - Internal Control concepts and procedures - COSO Framework - Assessing and Managing Risk Related to AIS - Computer Fraud and Security - Auditing of Computer-Based Information Systems.

Overview of Sales, Purchase, Revenue and Expenditure Cycles: Overview of the manual revenue system and study of CBAS - Study of the sales and purchases sub systems of an organization - aimed at understanding them and how they link up with the main systems - Overview of Purchases and cash disbursements - Computer based Purchases and Cash disbursements - Payroll Activities - Computerized Payroll System - Threats, Exposures, and Control Procedures in the Revenue and Expenditure Cycles.

General Ledger, Financial Reporting and Management Reporting Systems: Data Coding Systems - Financial Reporting Systems - Management Reporting Systems – Threats - Exposures, and Control Procedures in the Revenue and Expenditure Cycles.

AIS in Management Control: AIS Characteristics and Criteria for Management Control: AIS Data Support for Management Control - AIS-MIS use Mix in Management Control -Accountants and Management Control Interface - Management Control Decision using AIS.

Strategic Decisions: DSS, AIS and AI/ES: AIS in Corporate Planning - Decision Support System (DSS) - Artificial Intelligence (AI) and Expert Systems Operation and Evaluation.

Systems Organizations, Development, and Management: Approaches to System Development - AIS Development Strategies - System Development Life Cycle (SDLC)

Part: B (Practical 30%)

Practical Demonstration on contemporary accounting and Business software like "TALLY", "ACCPACK", "OUICKBOOK", "ERP Software" and others.

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Recommended Books:

Wilkinson, Cerullo and Raval, Accounting Information Systems, Wong-on-wing, John Wiley & Sons

Stephen Moscove, Mark Simkin and Nancy Bagranoff, Core Concepts of Accounting Information

Systems, John Wiley & Sons, Inc. Copyright: 2003.

Marshall B. Romney and Paul J. Steinbart, Accounting Information Systems, Prentice Hall