Accounting Information Systems – ACCT 531

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

This course builds upon the student’s existing basic knowledge of how accounting information systems function in today’s business environment. It strongly emphasizes the internal control features necessary to provide accurate and reliable accounting data as it looks at how accounting information is recorded, summarized, and reported in both manual and computerized systems. Internal control as it applies to production processes as required by Rule 404 of the Sarbanes-Oxley Act of 2002 is part of this course.

Prerequisites

Financial Accounting with a score of 3 and Managerial Accounting with a score of 3 and Intermediate Accounting I with a score of 3 and Intermediate Accounting II with a score of 3 and Taxation with a score of 3 and Cost Accounting with a score of 3 and Auditing with a score of 3

Rationale

Practicing accountants both in public and private accounting are expected to understand the basic principles and procedures relating to the design and operation of accounting information systems. Recent developments, notably the creation of the Public Accounting Oversight Board, make it obvious that advanced students also need exposure to how accounting systems and the auditor’s responsibility for them change over time.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Assess the scope of Internal Controls requirements based on today’s Sarbanes-Oxley PCAOB environment.
  2. Interpret the intensity of opinion regarding PCAOB pronouncements, including a biblical perspective.
  3. Compare approaches to AIS including Enterprise Information, Enterprise Resource Planning, etc.
  4. Recognize the monetary and resource costs of implementing Sarbanes-Oxley Section 404.
  5. Formulate a vision of the future of AIS and Internal Controls including the direction of PCAOB pronouncements.
  6. Explain the evolving importance of AIS due to PCAOB guidance.
  7. Define the process of AIS, including design, review and implementation.
  8. Design AIS solutions, including Enterprise Resource Planning and System Integration.

Course Assignment

Textbook readings and presentations

Course Requirements Checklist

After reading the Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Discussion Board Forums (3)

Discussion boards are collaborative learning experiences. Therefore, the student is required to provide a thread in response to the provided prompt for each forum. Each of the Discussion Board Forums will be divided into 2 separate modules/weeks. The first module/week, the student will submit their case study or article critique as a thread. The subsequent module/week, the student will respond to 2 of their classmates’ threads. Each reply must contain at least 200 words and 2 citations in current APA format. It is recommend as we grow in our faith to include a biblical reference these assignments.

Case Study

The student will complete a 1½–2-page case study. Use current APA formatting with a title page, running head, and at least 2 sources in a reference list. No abstract is needed for this assignment. Upon the completion of the Case Study, the assignment must be submitted both in the Discussion Board Area as a thread and through the Assignment submission link located in the assigned module/week in order to be checked for plagiarism.

Article Critiques (2)

The student will find an article in a scholarly journal dealing with information systems theory or application, and will then summarize and critique it in 2–4 pages, citing at least 4 references. A title page in current APA, running head, and reference list are required for these critiques. No abstract is needed for this assignment. Upon the completion of each Article Critique, the assignment must be submitted both in the Discussion Board Area as a thread and through the Assignment submission link located in the assigned modules/weeks in order to be checked for plagiarism.

Textbook Assignments (2)

The student will work through a set of questions from the textbook and submit their answers to Blackboard. Please check weeks 4 and 6 for the instructions for the textbook assigments and what is required.

Individual Research Paper

The student will produce a research paper between 8–10 pages on a topic pertaining to Accounting Information Systems. A title page in current APA, running head, abstract, and reference list must be included with the paper. This paper must contain at least 8 sources. This submission will be checked for plagiarism. It is recommended to provide a biblical reference to associate the material research paper.

Exams (2)

The student will complete 2 exams throughout the duration of this course. Exam 1 will cover textbook readings found within Modules/Weeks 1–3, and Exam 2 will cover textbook readings found within Modules/Weeks 4–8. Each exam will be open-book/open-note and contain 25 multiple-choice questions based upon the textbook readings and presentations. Each exam will have a 1 hour and 15-minute time limit. The exams are found on Cengage.