Business systems form an integral part of the operation of the modern business organisations. This course takes a close look at the way these systems are structured in organisations, typically in enterprise-wide systems such as ERP systems, to ensure that they are able to successfully collect and process information relating to their core transactions. To this end, this course focuses on the main transaction cycles and business processes, the technologies required for these activities, as well as the international controls required to regulate their operation. Students will gain a detailed understanding of these transaction cycles and business processes by focusing on theory as well as engaging in practice. This course also considers some relevant developments such as new message protocols like XML and XBRL used in electronic commerce that are particularly important to users of financial accounting information such as analysts and investors.

Students who successfully complete this subject will be able to:

• Understand the role of computerbased accounting systems, and the business processes that support these systems, in contemporary organisations.
• Understand the concept of business exchange and how they map into the REA framework
• Understand the importance of organisational controls in the operation of enterprise systems such as the SAP AG ERP system.
• Have a understanding of how the basic accounting processes are implemented in the SAP AG system.
• Understand the use of XBRL in commerce.

• Tutorial participation 10%
• Assignment 20%
• Final exam 70%

All components of the above assessment are compulsory and must be submitted. Also, you must achieve at least 50% for the final examination component to be eligible for an automatic pass grade in this course.

5 hours per week

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree

Students should have an understanding of information systems equivalent to that of students successfully completing INF1001 Foundations of Electronic Commerce and  Information Systems. Students who would like to take this subject and feel that they have sufficient academic or practical experience in accounting and information systems may want to discuss this possibility with the Course Coordinator.

For further information please see Course Website