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Accounting Information: Risks & Controls (ACCT20007)
Undergraduate level 2Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Semester 1
Maggie Singorahardjo
Semester 2
Maggie Singorahardjo
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
- High level of development: Collaborative learning; problem solving; teamwork; interpretation and analysis; critical thinking; evaluation of data and other information; use of computer software; written communication; application of theory to practice
- Moderate level of development: 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
All of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT10001 | Accounting Reports and Analysis |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
ACCT10002 | Introductory Financial Accounting |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Corequisites
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
Description | Timing | Percentage |
---|---|---|
Computerised ERP Practice Set (1000 words total)
| Mid semester | 10% |
Group assignment (4-5 students) consisting of a group video presentation and a Q&A session
| Late in the teaching period | 30% |
Subject participation | Throughout the semester | 10% |
End-of-semester examination
| During the examination period | 50% |
Last updated: 15 February 2024
Dates & times
- Semester 1
Principal coordinator Maggie Singorahardjo Mode of delivery On Campus (Parkville) Contact hours One 1-hour pre-recorded lecture and 2-hour tutorial per week, and one 2-hour seminar in weeks 1, 6, 10, 12 Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 Semester 1 contact information
Maggie Singorahardjo
- Semester 2
Principal coordinator Maggie Singorahardjo Mode of delivery On Campus (Parkville) Contact hours One 1-hour pre-recorded lecture and 2-hour tutorial per week, and one 2-hour seminar in weeks 1, 6, 10, 12 Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024 Semester 2 contact information
Maggie Singorahardjo
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
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 (Production)
- 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