BBA International Program Thammasat Business School. BBA International Program Thammasat Business School Thammasat University

Transcription

1 BBA International Program Thammasat University 1. Course Title: (Curriculum 2013) AC 318 Accounting Information Systems 2. Course Credits: 3 Credits (3-0-6) 3. Prerequisite: (Curriculum 2013) Have earned credits of AC 201 and IS Course Description: (Curriculum 2013) Fundamental concepts of accounting information system; Techniques and tools in the process and preparation of financial and management reports; Control systems in accounting information system; Basic business processes and the impacts of E-commerce on accounting information systems. 5. Course Objectives: Understand the objective of Accounting Information System Understand the components, functions and framework of information system and how Accounting Information System is integrated into the enterprise s information system. Learn about the flow of information within business transaction cycles relating to accounting information system and the organization structure Be able to document and analyze the information system with the use of flowchart Understand how information technology can be deployed to make a more productive accounting information systems and how it impact to the internal control aspect of the system. Learn the characteristic of the computerized Enterprise Resource Planning (ERP) system and the impact on Accounting information system Learn about information systems security, controls and audit and be able to analyze the control weaknesses on the system, recommend improvement. Learn about the process for information system development and maintenance Gain real-life experience on information system analysis through project work based on actual companies accounting system 6. Date of Latest Course Revision: 7. Purposes of Course Revision: July 31, 2014 The course is revised regularly to ensure the relevance of the courses to the business world. The contents are updated so that it is of the benefits of the students in their future studies or future careers. 1/ Semester/ Academic Year: 9. Date & Time & Venue: Date: Wednesday Time: 9.30 a.m p.m. Venue: Instructor: Name: Ajarn Vasana Naripthaphan Office: rvasana@yahoo.com Office Hours: 11. Course Co-ordinator: Name: N/A N/A 12. Teaching Assistant: Name: N/A N/A 1 P a g e

2 13. Hours Employed per Semester: Lecture Supplemental Classes Laboratory/ Field Work/ Internship Self-Study 45 hours 0 hours 40 hours 60 hours 14. Main Texts: James A. Hall. Accounting Information Systems, 8th Edition (for use in ASIA only), Cengage Technology Edition, SOUTH-WESTERN CENGAGE Learning. 15. Recommended Texts & Materials: Instructor s handouts: The handouts can be downloaded from the BBA website at Links: For database: example of Microsoft Access Learning Outcomes: The five learning outcomes are stated below: 1. Morality and Ethics: Expected outcomes on morality and ethics: N/A 1.1 Understand professional values and professional ethics, and possess the positive attitude towards accounting profession. 1.2 Value honesty and disciplines, and respect the rules and regulations of the institution and society at large. N/A 1.3 Manage time and creatively adapt life path to fit in the society. N/A 1.4 Has social conscience and contribute positively to the society. Lecture on how the impact on the design of accounting system will impact the compliance to accounting standards as well as rules and regulations imposed by relevant regulators. Exam if the students can determine what impact of a design will lead to non-compliance. 2. Knowledge: Expected outcomes on knowledge: 2.1 Acquire knowledge on the concepts, theories, principles, and accounting treatments on the related issues. 2.2 Acquire knowledge on other disciplines that are associated with accounting body of knowledge and integrate them appropriately in accounting context. N/A 2.3 Acquire knowledge on accounting techniques and others through experience. N/A 2.4 Be able to monitor the changes in the area of academic, research, and accounting profession consistently. (1) Lecture on the concept and use of accounting information system. (2) Lecture on the risk and control relating to the account record-keeping and financial statement preparation and how the control can be embedded within the accounting information system. (3) Giving Assignment for the student to research on the technology update which is relevant to accounting information, security and internal control. (1) Exam to evaluate students understanding of the concept and use of accounting information, risk and internal control (2) Review student s assignments to determine if the topic and content selected by the students for the assignment is relevant to the interested topics and if the students have valid opinion on such technology, risk and control. 2 P a g e

3 3. Intellectual Development: 4. Interpersonal Skills and Responsibilities: Expected outcomes on intellectual development: N/A 3.1 Be able to search and process information and to utilizevarious concepts in problem identification, and to analyze complex problems. N/A 3.2 Be able to adapt and integrate accounting knowledge and other disciplines to solve the problems and to creatively propose the solution to those problems with the consideration of the probable impacts of the proposed solutions. 3.3 Be able to monitor, evaluate, and report the results appropriately and accurately. (1) Lecture on transactions cycles which allow the students to be able to follow the information flows from which the business events are initiated until the related accounting entries are recorded into the accounting system. (2) Lecture on alternate flow of information deployed in different environment. (3) Assign a project for each group of the student to study and analyze a selected business transaction cycle of a real company. (1) Exam to evaluate students understanding of the flow of information in each business cycle (2) Review project presentation and paper to determine if the students have the ability to understand, document and communicate the flow of information within an accounting system and be able to identify control weaknesses as well as provide valid recommendation for improvement. Expected outcomes on Interpersonal Skills and Responsibilities: 4.1 Be able to execute and responsible for the assigned works efficiently. N/A 4.2 Possess interpersonal skills, work well in team, and adapt to circumstances and organizational culture. N/A 4.3 Be creative and be able to assist or accommodate the team in solving problems as a team leader or as a member of the team. N/A 4.4 Be responsible for personal development in acquiring knowledge related to accounting profession. (1) Giving assignments to individual students (2) Assign project to work in a group Deadlines are given to each assignment and each phase of the project which require the students to meet the deadline. Review if the assignments and projects are submitted on-time. Determine during project presentation and Q&A session how well the group members have worked together on the project. 3 P a g e

4 5. Quantitative Analysis, Communication and Expected outcomes on Quantitative Analysis, Communication and Information Technology: Information Technology: N/A 5.1 Possess quantitative analytical skills needed for decisionmaking process and problem-solving process. N/A 5.2 Communicate efficiently in verbal and in writing and choose appropriate presentation techniques that suit the circumstances and group of audience. 5.3 Choose suitable information technologies and communication techniques in collecting, interpreting, and presenting the issues. (1) Lecture on Computer-based accounting system, ERP and other information technologies which have an impact to the accounting system (2) Lecture on how computerized system will have an impact on internal control (3) Demonstrate the use of ERP application system to automatically generate and maintain accounting records, to trace and search for accounting records. (4) Giving assignment to the student to ensure that they have hands-on experience on the use of ERP system to record the business transaction and be able to trace to the related accounting records which are automatically generated by the application. (1) Exam to evaluate students understanding of Computer-based accounting system, ERP and other information technologies, and their impact to the accounting system and the internal control. (2) Review the assignment if the students can use ERP software to complete the business transactions and generate the related accounting records. (3) Review the students project presentation, project paper and assignment, if the IT is properly used in their work. 17. Evaluation Plan: The evaluation plan for this course is stated as follows: Expected Methods/Activities Week Weights Outcomes Evaluated Assigned 1.2, 2.1, 2.2, 3.3, Mid-term/Final Exam 8/17 60% 4.1,5.3 Assignments Refer to 15% no.18 Project Refer to 25% no. 19 Total 100% 18. Course Schedule: The course schedule for this course is stated as follows: Session/Date & Time Topics Activities/Text & Materials/ Media #1: 8/20/2014 Chapter 1-3 Lecture #2: 8/27/2014 Introduction Assignment 1 Computer-based Accounting Assignment 2 Flowcharting Techniques Risk and control #3: 9/3/2014 Chapter 4: Revenue Cycle Lecture Assignment 3 #4: : 9/10/2014 Chapter 5 Expenditure Cycle Part I Lecture Assignment 4 4 P a g e

5 #5: 9/17/2014 Chapter 7: Conversion Cycle Lecture #6: 9/24/2014 Introduction to Oracle E-Business Demonstration of Revenue Cycle using Oracle: Order to cash #7: 10/1/2014* Demonstration of Expenditure Cycle using Oracle: Procure to pay 5 P a g e Demonstration and hands-on for Oracle ERP software Assignment 5 Assignment 6 Project proposal #8: 10/15/2014 Chapter 6 Expenditure Cycle Part II Lecture #9: 10/22/2014 Coding scheme and Reports Lecture Project first draft #10: 10/29/2014 Chapter 15-17:Security, Control and Audit Lecture #11: 11/5/2014 Oracle GL Demonstration of Oracle ERP software Project second draft #12: 11/12/2014 Chapter 14: SDLC Lecture #13: 11/19/2014 Project Presentation Project presentation and #14: 11/26/2014 Project Presentation papers #15: 12/03/2014 Project Presentation * Class Cancelled make up class is required 19. Details on Assignment : Assignments: Students will be working in a pair for the assignments. 7 assignments will be given to the students, which allow each student to (1) Explore a more updated information technology which is relevant to accounting information systems from Internet (2) Understand how a company derived the information to be presented in its notes to financial statements. (3) Practice analyzing internal control system from the case study (4) Gain hands on experience on ERP application system (5) Analyze pieces of information required on key document forms used in the business transaction cycles for their usefulness to the accounting entries and records. The students are required to submit the assignment one week after each assignment is given, via . Project : Description Find a real life company/organization and study the selected part of its accounting system. This include understanding of its business, as well as the flow of information (mainly accounting and the related operational activities) Project Organization Group the students with about 6-7 people in a group. Project Proposal By Sept. 24, 2014, each group should submit the following: 1. Group name and member list. 2. Name of the company to work on the project, as well as its nature of business, in brief.

6 3. The business cycle that you will be doing the project, namely, Revenue Cycle, Expenditure Cycle, Conversion Cycle or any other cycles that is specific in such selected company. Project Content Project should consist of: Brief description of the company which include: its nature of business, its key products or service location(s) (office, plants, warehouse, outlets, depot) size (in term of number of employees in total) key customers, suppliers, and competitors Brief description of the company's current computer systems used for its accounting system, including the platform of its computer server(s), database management system and applications used for its accounting system. Indicated if the software application is inhouse developed, custom made by vendor, or is a software package. If an ERP system is implemented, indicate which brand of the ERP and which modules are currently in use, as well as how long has it been implemented. The company's organization chart, detailing down to each function/job title in Accounting, Finance and IT departments. The detail should be given enough information to evaluate the adequacy of segregation of duties. Each of the job title include in the organization chart should be consistent with the column title in your flowchart. Related accounting standards, principles and policies applied, specifically to the transaction cycle under studied. This should include, but not limited to: Cash/accrual basis Revenue recognition/cost or expense recognition Stock valuation (FIFO/LIFO/Weighted average) and method (Perpetual/Periodic) Depreciation method (expenditure cycle) The system flowchart (or document flowchart in case of manual system) which document flow of information within the transaction cycle you selected Accounting entries incurred at each point of the process Account code structure Information system risk related to the selected transaction cycle Existing Internal control which address each risk item above Computer related control for the following topics: I. Access Control (user and password management) II. Disaster Recovery III. Segregation of duties within IT department Recommendations on how to improve the information system or internal control in the cycle you studied Transaction Cycle In case of Revenue Cycle, it should consist of the following transactions: Receipt of customer order Sales order processing Credit verification (in case of credit sales) Stock/service availability checking Delivery of goods or services 6 P a g e

7 Invoicing and Billing (in case of credit sales) Accounts receivable management (in case of credit sales) Collections and deposit to bank Accounting for sales, cost of sales(in case of goods), and cash receipts In case of Expenditure Cycle, it should consist of the following transactions: Preparation of purchase requisition and authorization Vendors search, evaluation and selection Preparation of purchase order and authorization Receipt of goods or services Acceptance of vendor s Invoice/billing (in case of credit purchase) Payment (preparation of payment voucher and cheques, and cheque payment) Accounting for purchase, inventory and cash disbursement In case of Conversion Cycle, it should consist of the following transactions: * Production Planning * Issuance of work order/job order * Raw material reimbursement * Move order from each work center * Receipt of finished goods * Costing Project Timetable Description Deadline Project proposal Sep. 24, 2014 Project paper first draft October 22, 2014 Project paper second draft November 5, 2014 Project presentation (50 min. for each group) Project paper submission Nov. 19, 2014 Nov. 26, 2014 Dec. 3, week after final Project Presentation slides must be submitted via at least one day prior to the presentation date 20. Notes to Students: Project paper must be submitted via 7 P a g e

8 21. Academic Calendar: The academic calendar is stated below: Academic Schedule of Semester 1/2014: (August 18, December 22, 2014) Important Dates Schedule Semester Begins August 18, 2014 Period of Withdraw W/O Record August 27 - September 1, 2014 Period of Midterm Examination October 5-12, 2014 Period of Withdraw with "W" October 20-27, 2014 King Chulalongkorn's Day* October 23, 2014 H.M. The King's Birthday* December 5, 2014 Last Day of Classes December 6, 2014 Period of Final Examination December 8-22, 2014 Constitution Day* December 10, 2014 Note *Public Holiday 22. Attendance: The regulations on the class attendance is stated below: Important Notes to Students Regarding Class Attendance Announced by BBA International Program: a. Students who miss more than 13 hours of class but less than 22 hours must seek instructor s approval for eligibility to take the final exams and approval by the dean. The dean s decision is considered final. b. Students who miss more than 22 hours of class are NOT eligible to take the final exams and results in course failure. Please note that feigning other student signatures or failure to attend class after signing in results different level of penalty imposed. o Level 1 penalty: First time rule breakers will be considered as Absent for that actual class time. And a warning letter issued to first-time rule breakers. o Level 2 penalty: Second time rule breakers receive an F for the course and will not be considered for BBA scholarships, exchange student programs and other awards. o Level 3 penalty: Third-time rule breakers are given one semester of class suspension. Cheating in any form of class exam or quiz or plagiarism is subject to the penalties based on Thammasat University s student compliance act. 8 P a g e

9 23. Course and Teaching Evaluation and Improvement: The Program has set policies related to course and teaching evaluation and improvement as follows: 1. Strategies for course evaluation by students: There will be two evaluations per course: Mid-semester and end-ofsemester course evaluations. The course evaluation will be administered by BBA staff with the instructor absent from the classroom. The instructor will receive feedback from students in the following key areas: Class preparation Teaching capability Appropriateness of activities or assignments Encouragement of Class discussion Opportunity to ask questions Encouragement of independent study and additional practices Benefits of the course Course evaluation will be summarized and returned to the instructor after the grades are sent to the Program. Moreover, the course evaluation of each instructor of every course offered will be reviewed by BBA Operating Committee. 2. Evaluation strategies in teaching methods: The effectiveness of teaching methods will be evaluated from the students accomplishments such as participation, assignments, and exams. 3. Improvement of teaching methods: The instructor will use the feedbacks from 2. above to improve the teaching methods. 4. Evaluation of students desire learning outcomes: After receiving the feedback from the mid-semester course evaluation and students assessments, the instructor revises the teaching methods to ensure that the desired learning outcomes are achieved. 5. Review and improvement for better outcomes: A summary of course evaluation for each course will be supplied to course instructor. The Program will use the feedback to improve the curriculum structure and course content in the regular curriculum revision cycle. 9 P a g e