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Accounting Information: Risks & Controls (ACCT20007)
Undergraduate level 2Points: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Matt Dyki: mdyki@unimelb.edu.au
Semester 2
Matt Dyki: mdyki@unimelb.edu.au
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject is an introduction to the key business processes that generate accounting data and information. It entails the study of the information systems that support business processes, and the risks and controls that effect the reliability of accounting transaction data and the quality of information contained in accounting reports.
Intended learning outcomes
On successful completion of this subject a student should be able to:
- Describe and explain what is meant by Information quality in regards to accounting information.
- Explain the role of information systems and technology in achieving reliable accounting transaction data and reports
- Interpret and analyse business process documentation
- Explain the role of internal controls in managing risks
- 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 reliability of accounting data to ensure the quality of information in accounting reports.
Generic skills
- Collaborative learning; problem solving; team work; interpretation and analysis; critical thinking; evaluation of data and other information; use of computer software; written communication; application of theory to practice.
- Oral communication; written communication; synthesis of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas
Last updated: 15 February 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT10002 | Introductory Financial Accounting |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
ACCT10003 Accounting Processes and Analysis
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 15 February 2024
Assessment
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Computerised ERP Practice Set (four modules equivalent to 250 words each)
| Throughout the semester | 10% |
Group video presentation (normally in groups 4-5 students) (12%). Video presentation skills and Q&A session marked individually as part of the group presentation (8%)
| End of semester | 20% |
Subject participation | Throughout the semester | 10% |
End of semester examination
| During the examination period | 60% |
Last updated: 15 February 2024
Dates & times
- Semester 1
Mode of delivery On Campus (Parkville) Contact hours Four 2-hour lectures during semester, and one 2-hour tutorial per week Total time commitment 170 hours Teaching period 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020 Semester 1 contact information
Matt Dyki: mdyki@unimelb.edu.au
- Semester 2
Mode of delivery On Campus (Parkville) Contact hours Four 2-hour lectures during semester, and one 2-hour tutorial per week Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
Matt Dyki: mdyki@unimelb.edu.au
Last updated: 15 February 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Subject notes
Students may not gain credit for both ACCT20007 Accounting Information: Risks and Controls; and ACCT10003 Accounting Processes and Analysis.
- Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 15 February 2024