University of Cebu
Main Campus

SYLLABUS IN FINANCIAL SYSTEM

Instructor: Mr. Jonathan O. Etcuban
College: Information and Computer Science
Email: sir_etcuban@yahoo.com
Website:  www.geocities.com/sir_etcuban

Credit Hours: 3 Hrs./Wk. 
Lec: 2 Hrs./Wk     
Lab: 1 Hr./Wk.

I. COURSE DESCRIPTION 

This is a 3-unit course, which covers the areas of accounting information system, encompasses the concept, processes and procedures by which business organizations financial information is received, registered, recorded, handled, processes, stored, reported and ultimately disposed of in the light of computerization.

II. RECOMMENDED BACKGROUND 

Prerequisite: 
IT 18 – File Organization and Processing
IT 20 – Systems Analysis and Design

Required Course Materials: 
• Accounting Information Systems 4th Ed.
By James Hall

• Accounting Information Systems 4th Ed.
Essential Concepts and Applications By Wilkinson, Cerullo, Raval

Method of Instruction: 

Lecture notes, homework, and assignments will include reading assignments as well as Hands-on lab assignments. Students will be monitored for activity via online communication methods, such as, on-line discussion groups, email, and chat rooms. 

Attendance: 

Attendance is necessary to pass this course. Attendance will be monitored daily. “A student absences equivalent to two weeks of instruction in a regular semester may be dropped by the instructor.” Please consult the Student’s Manual for details. Students with excessive absences will be automatically dropped from the course with notification. You will be required to keep pace with homework and other assignments. Email me regularly and keep me posted on your progress with the course.  

Homework and Computer Assignments: 

Homework and computer assignments will be sent to me as attachments via email or hard copy. You must keep pace with the course calendar of events. You have one week from the due date to complete homework or lab assignments. Assignments will not be accepted after the one-week grace period. Late assignments will be deducted 1 point for every calendar day late. This course requires extensive hands-on computer assignments. 

Exams: 

Exams and quizzes will be administered in person. Please refer to the calendar of course events and/or bulletin boards for more information on exam dates. 

Course Expectations: 

You will be required to view the calendar of course events every week for assignments. Please be sure to follow date and time schedules. You will be asked to return both written and lab assignments as attachments via email. You are required to read each chapter before you attempt to take the chapter quiz. You will be quizzed after each chapter. If you diligently follow the course guidelines and complete all the required assignments, you will be adequately prepared to take the course exams. The calendar of events is subjected to change, make sure you refer to the calendar every week. 

Final Grade: 

Each student’s grade will be calculated as follows: 

Class Standing   50% 
Major Exams     35%
Projects            15%

III. COURSE CONTENT 

1.	Overview of Accounting Information Systems
•	The Information Systems: An Accounting Perspective
•	Introduction to Transaction Processing
•	Ethics, Fraud, and Internal Control
2.	Transaction Cycles and Business Processes 
•	The Revenue Cycle 
•	The Expenditure Cycle: Purchases and Cash Disbursements Procedures
•	The Expenditure Cycle: Payroll Processing and Fixed Asset Procedures
•	The Conversion Cycle
•	General Ledger, Financial Reporting and Management Reporting Systems
3.	Systems Development Activities
•	Managing the Systems Development Life Cycle
•	Construct, Deliver, and Maintain System Projects
4.	Risk Exposures and the Internal Control Structure
5.	Computer Controls and Auditing

IV. LEARNING OUTCOMES 

At the end of the course, the student shall be able to:

1.	To describe the procedures involved in handling financial information in different accounting applications.
2.	To outline functions in accounting applications that can be handled by hardware software environment.
3.	To specify how accounting functions in a particular application can be implemented in a computerized environment.
4.	To integrate concepts of generally accepted accounting controls in a particular computerized application.