The course will cover the following:

The effectiveness and application of the Accounting Information Systems.

The design and operation of the general ledger and reporting system.

The Revenue Cycle: Sales to Cash Collections.

The Expenditure Cycle: Purchasing to Cash Disbursements.

The Production Cycle.

The Human Resource Management and Payroll Cycle.

Introduction to Systems Development and Systems Analysis.

New IT developments and changes in external reporting requirements.

Critical evaluation of a real accounting package

Learning Outcomes

• Critically evaluate and discuss the diversified utility of commercial accounting packages in the context of a dynamic business environment.

• Develop report extraction skills and produce financial statements from the underlying records maintained in the accounting software.

• Discuss the implications of new IT developments, and changes in external reporting requirements, for the design and operation of the general ledger and reporting system.

• Prepare Budgeted accounts and produce variance reports.

• Process accounting data using an accounting package (e.g. Zoho).

• Set up a company and its chart of accounts, including sales, purchases, inventory, payroll, receivables and payables components in the selected accounting software.