Accounting Information Systems – ACCT 531

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/27/2021

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.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.

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 the Course Overview.

Discussions (3)

Discussions are collaborative learning experiences. The student will complete 3 Discussions in this course. The student will post one thread of at least 1000 - 2000 words by 11:59 p.m. (ET) on Sunday of the assigned Module: Week. The student must then post 2 replies of at least 150 words per post by 11:59 p.m. (ET) on Sunday of the assigned Module: Week. For each thread, students must support their assertions with at least 4 scholarly citations, and biblical references as applicable, in current APA format. Each reply must incorporate at least 1 scholarly citation in current APA format. Any sources cited must have been published within the last five years. Acceptable sources include the textbook, the Bible, etc.

Note: for the Discussion: Inventory Situation Case Study, the word count for the thread is 700 – 1000 words. All other instructions remain the same.

Textbook Assignments (2)

The student will work through a set of questions from the textbook and submit their answers. Please check the instructions for the textbook assignments and what is required.

AIS and Associates Areas Individual Research Paper Assignment

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 format, 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.

Quizzes (2)

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