WRIGHT STATE UNIVERSITY

Accountancy 328
Accounting Systems I
Summer Quarter 1995


A. Houston 208A Rike Hall 873-2377 Office

Hours in 208A or 240 Rike Hall: 10:45-11:45 a.m. MTWTh6:15- 6:55 p.m. MW

and by appointment                        

Prerequisite: ACC 321 and MIS 300 or 322

Material Required: Accounting Information Systems, 1995, Hall, West

Publishing. Class Notes for ACC 328, Houston.
Optional: Pacioli, 2000, Version 2.0, M-USA Business Systems, Inc.

Course Purpose and Description: The purpose of this course is to provide you with a general understanding of the nature of accounting information systems (AIS) as it relates to producing financial information. You will study the interaction of the AIS and internal controls. During the quarter, you will learn
1) to use a computerized general ledger accounting software package,
2) to apply internal control concepts using the cycle approach,
3) to read and interpret document flowcharts,
4) about controls in a computerized environment,
5) to choose among various accounting software packages,
6) about EDP auditing, and
7) about ethical issues associated with producing financial information.
Course Coverage: In Class: An introduction to AIS is followed by in-depth coverage of internal controls using the cycle approach. The use of computers in specific accounting processes will be discussed. Students will learn about computer controls and EDP auditing.
Out of Class: Students will prepare two simulations using integrated general ledger accounting software.
Course Methodology: You should complete the reading assignment and homework prior to each class meeting. The classroom time will be spent in lecture and discussion. The questions at the end of each chapter may be the basis of class discussions and/or quizzes. Students should attempt ALL the multiple choice questions. BE PREPARED TO DISCUSS THE ASSIGNED MATERIAL.
Quizzes: There will be four short quizzes during the quarter. The lowest quiz score will be dropped.
Examinations: There will be a midterm and a comprehensive final. Examinations will be based on material
(1) assigned from the text and class notes
(2) handed out in class and/or
(3) covered in classroom lecture and discussion.
Examinations will be a combination of multiple choice questions,problems and short answers. Exams will be returned to you for discussion during the class following the exam. Then, the exams will be collected and kept on file. You may review your exams during office hours or by appointment. You are not permitted to use programmable calculators during exams. Make-up exams will be given only if you have a justifiable excuse. Justifiable excuses include, but are not limited to, a death in the family or a serious illness. If possible, please notify the instructor of your absence prior to the exam.
Attendance and Participation: Regular attendance is required. Your participation will indicate how well you have prepared for the class meeting. Missing five classes in Section 01 or three classes in Section 02 will result in a grade of F.
Microcomputer Projects: Two computer assignments are a required part of this course. You will not receive a grade for this class unless you complete the computer projects. Grades for assignments that are one to seven days late will be lowered by 10 percent. Grades for assignments that are over seven days late will be reduced by 50 percent. About 20 percent of your grade is allocated to the written part of the assignment (answers to questions and financial analysis). This part of the grade reflects content and professional appearance (spelling, grammar, etc.) Details about the microcomputer projects are in the Class Notes.

Fraud Report: Each student is responsible to present to the class an oral report of a business fraud. Such frauds routinely appear in newspapers and in journals/magazines. Relate the fraud to internal control concepts covered in this class. The report MUST NOT exceed five minutes.
Prior to class, advise the instructor that you intend to make your presentation. No duplicate reports are allowed. The first student to contact the instructor about a specific fraud will be allowed to make the presentation.

Determination of Grade: Midterm 100 Quizzes (Best 3 out of 4 quizzes) 45 Final Exam (Comprehensive) 100


Microcomputer Projects   Project one         45              

   Project two  45 Fraud Report  10     Grading Scale:

    Grade                         A     90-100% of Total Points

                       B     89- 80% of Total Points         

              C     79- 70% of Total Points                  

     D     69- 60% of Total Points                        F  

  less than 60% of Total Points

Last day to drop this class without a record of "W" - June 20, 1995 

Last day to drop this class with a record of "W" - June 28, 1995  

Changes to the Assignment Schedule may be made at the instructor's discretion

ASSIGNMENT SCHEDULE 382-01

DATE CHAPTER TITLE PROBLEMS & PROJECTS

6/12 Introduction Careers in Accounting

6/13 The Accounting Cycle Computer Assignments

6/14 Accounting Tools & Systems Denna Reading (manual --> computerized) (pgs. 1-17)

6/15 1,2 Information Systems Quiz Transaction Processing

6/19 3 Internal Control Integrated Framework Reading (pgs. 22-78)

6/20 Internal Control 3-1,2,4, 2 Cases in Class Notes (pgs. 91-92)

6/21 Fraud Quiz - MICRO 1

6/22 4 Revenue Cycle

6/26 4 Revenue Cycle 4-5,8 2 Cases in Class Notes

6/27 Exam (Chapters 1-4) (pgs. 95-97)

6/28 5 Expenditure Cycle

6/29 5 Expenditure Cycle 4-4; 5-6,10 2 Cases in Class Notes (pgs. 107-108)

7/ 3 5 Payroll 1 Case in Class Notes (pg. 109)

7/ 4 Independence Day-No School

7/ 5 6 Conversion Cycle Quiz (omit pgs. 256-262)

7/ 6 6 12 Data Entry Devices (pgs. 578-579)

7/10 7 GL, Financial Reporting, FAS 7-52 Cases in Class Notes (pgs. 113-114) MICRO 2

7/11 13 CBIS Controls - I Quiz 13-1

7/12 14 CBIS Controls - II 14-2,8 15 EDP Auditing 2 Cases in Class Notes (pgs. 121-122)

7/13 Comprehensive Final