Information Systems and the Business Environment
MODULE CODE
CREDIT VALUE
DELIVERY
Module Aims
Aim 1
The module aims to give the student an understanding of computerised data processing and analysis in the context of the business environment. It will also give the students hands-on practice in developing their skills in the use of accounting software. The module looks at business formations, considering aspects of specialist business functions and the socio-legal framework. Students will develop an understanding of the key characteristics of business organisations in the UK and international trade and how accounting information systems work.
Module Content
Types of business organisation.
Business organisations and operations, including international trade.
Business functions, including management of purchasing, production, marketing, finance and logistics.
The legal, social and technological environment of modern business.
Accounting information system and the nature of data processing.
The controls needed to prevent error / fraud in information systems.
Use of computers for business and accounting applications.
The impact of technological advancements, including Financial Technology (FinTech) and Artificial Intelligence (AI), on accounting and business information systems
Contemporary Accounting Software package(s) Training: COA, types of transactions, journal entries, bank reconciliation, VAT, transaction types, business cycles.
Learning Outcomes
On successful completion of this module, a student will be able to:
Teaching Methods
This module is delivered via a weekly workshop. This comprises of a lecture, which introduces, explains and illustrates the subject matter, using practical examples where relevant. This is followed by working through questions, in a workshop environment, which helps to develop and clarify the students’ understanding of the topic week by week.
Coursework tests are designed to promote student-centred learning. As an example, a group of students would be asked to develop a business simulation using a relevant accounting software package and produce a report evaluating the production and development of the business plan with reference to the key functions in a business context. Work by students should include guided reading and problem-solving. Several textbooks are recommended as additional reading.
Students will draw on and enhance graduate attributes of planning, communication, literacy and analysis and develop confidence and expand their intellectual ability through constructing argument and exploring perspectives. This will aid employability with the accounting profession and careers in general business management. Against this background, the assessment criterion is designed to meet the professional exemption criteria.
Assessment Methods
This module is assessed through 2 written examinations (25% and 75%).
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Compulsory
