This course is designed to provide Accountancy students with basic knowledge of the design, operations, risks, and controls of accounting information systems (AIS). Emphasis is placed on financial transaction cycles and core business processes vis-à-vis risks and controls involved in the processing of accounting information in a computerized environment. This course also covers analysis of the current issues in accounting systems that have business implications and ethical considerations. The students learn about the development standards and practices for accounting information systems and gain hands-on experience in, the use of electronic spreadsheet software for advanced business analysis, and to gain hands-on experience with a commercial accounting software package. The course familiarizes students with the overall data flow systems emphasizing financial information and computerized systems for accounting. It covers discussion on basic client server technology and security for electronic transactions, general and application processing controls, and various types of electronic systems used for transaction processing. It will develop in the students the ability to identify active and passive threats to information systems and an understanding of the risks associated with the various transaction cycles and recognize the controls that reduce risks.
This course explores the different regulatory, ethical, and technical standards of the auditing profession that external and internal auditors follow when conducting financial statement audits, reviews, compilations, and other engagements. In addition, the ever-changing audit environment will be explored to gain an understanding of the various auditing techniques, and practices.
This course complements the course in auditing. It deals with the IT-related risks, security and control mechanisms and techniques that may be employed to address the risks and the impact of computer use on audit. It introduces the use of Computer Assisted Audit Techniques (CAAT) and tools.
This course emphasizes dynamic models of growth and development. It covers the meaning and measurement of economic development, growth theories, poverty and income distribution, the role of geography and institutions, fertility and population growth, the role of credit markets and microfinance, health and nutrition, education, female empowerment. Topic covered include: migration modernization, and technological change; static and dynamic models of political economy; the dynamics of income distribution and institutional change; firm structure in development transparency, and functioning of financial markets; privatization; and banks and credit market institutions in emerging markets. Microeconomics deals primarily with the study and determination of economic activity. More specifically, topics for discussion include national income theory, monetary policy, fiscal policy, taxation, employment, price level, international trade, economic development and agrarian reform.
This course starts with an introduction to accounting definition, functions, scope and objectives, differences among the accounting data, including the preparation and presentation of financial statements for merchandising and service companies.