Syllabus for ACC-701
AUDITING AND ACCOUNTING INFORMATION SYSTEMS
This course combines the concepts, standards, and processes in auditing with the accountant’s role in designing an information technology operation. Audit topics covered include an overview of professional standards, the role of the internal and external auditor, independence and ethics, risk assessment, and internal control. Students will develop process flowcharts and substantive tests for various general ledger and subsidiary accounts. Students will develop and evaluate various accounting information systems including on-line, web-based, and other computer systems. Evaluation of accounting systems and the compliance of Sarbanes-Oxley Act includes in-depth discussion of development and management of effective internal control processes.
After completing this course, you should be able to:
CO1 Assess the role of the accountant in planning and developing the audit.
CO2 Summarize the audit planning cycle, risk assessment, and supporting documentation.
CO3 Recommend improvements resulting from audit findings and opinions.
CO4 Depict the evolution of accounting information systems to the digital economy.
CO5 Integrate process work flowcharts and identify key decision-making points to make optimal business decisions.
CO6 Prescribe best practices in accounting information systems with regard to compliance with Sarbanes-Oxley Act.
You will need the following materials to complete your coursework. Some course materials may be free, open source, or available from other providers. You can access free or open-source materials by clicking the links provided below or in the module details documents. To purchase course materials, please visit the University's textbook supplier.
The customized McGraw-Hill Create textbook:
student copy.
ISBN: 978-1308762029
This student copy include chapters from the following two textbooks:
ISBN: 978-0078025884
ISBN: 978-0077729141
Auditing and Accounting Information Systems is a three-credit, online course consisting of four modules. Modules include an overview, topics, learning objectives, study materials, and activities. Module titles are listed below.
Course objectives covered in this module: CO1, CO2
For your formal work in the course, you are required to participate in online discussion forums, complete written assignments, and complete a course project. See below for details.
Consult the Course Calendar for due dates.
You are required to participate in seven graded discussion forums. There is also one ungraded but required introduction forum in Module 1.
Discussion forums are on a variety of topics associated with the course modules. The purpose of the discussion forums is to help make the connection between the course concepts and the goals of the course. In discussion posts, you express your opinions and thoughts, provide support and evidence for the position(s) you take on a subject, and have the opportunity to ask questions and expand on insights provided by your colleagues. Active participation is vital to your overall success in this course.
Located within the Evaluation Rubrics folder of the course website is the online discussion forum rubric used to aid in the grading of all online discussion assignments.
You are required to complete four written assignments. The written assignments are on a variety of topics associated with the course modules.
You are required to participate in two synchronous events during Week 2 and 6 of the semester. Each synchronous event will be held in Edison Live!, our virtual meeting space. To access the event, click on the Edison Live! link in the top section of the course site a few minutes before the designated time. Use the following link for directions and helpful videos about how to use the Edison Live! tool in Moodle. Your mentor will work with the class to propose a time that works best and accommodates the majority. Both synchronous events will focus on the issues or questions related to the final project. See the Module 1 and Module 3 areas of the course website for further details.
You are required to complete a comprehensive course project based on a selected company. The course project includes four milestones and you complete one milestone in each module. The topics covered in milestones include accounting policies, industry-specific reporting standards, accounting information systems, and IFRS impact on accounting treatment. The directions and details for each milestone of the course project can be found in each module details.
Your grade in the course will be determined as follows:
All activities will receive a numerical grade of 0–100. You will receive a score of 0 for any work not submitted. Your final grade in the course will be a letter grade. Letter grade equivalents for numerical grades are as follows:
A | = | 93–100 | B | = | 83–87 | |
A– | = | 90–92 | C | = | 73–82 | |
B+ | = | 88–89 | F | = | Below 73 |
To receive credit for the course, you must earn a letter grade of C or higher on the weighted average of all assigned course work (e.g., assignments, discussion postings, projects). Graduate students must maintain a B average overall to remain in good academic standing.
To succeed in this course, take the following first steps:
Consider the following study tips for success:
To ensure success in all your academic endeavors and coursework at Thomas Edison State University, familiarize yourself with all administrative and academic policies including those related to academic integrity, course late submissions, course extensions, and grading policies.
For more, see:
Copyright © 2016 by Thomas Edison State University. All rights reserved.