- Accounting and financial specialists, professionals and practitioners who need to understand how accounting information systems (AIS) work in order to effectively measure how cost-effectively they perform, to assess their reliability and that of the information produced, or to lead the redesign and implementation of new and better systems.
- Internal and external auditors.
- Accountants who wish to improve the design and functioning of the AIS so that it truly adds value to the organisation by providing management with the information needed to effectively run organisations.
What you will learn
Upon completion of this course, you will be able to understand:
- The basic activities performed in the major business cycles.
- What data needs to be collected to enable managers to plan, evaluate, and control the business activities in which an organisation engages.
- How IT development can improve the efficiency and effectiveness of business processes.
- How to design (AIS) to provide the information needed to make key decisions in each business cycle.
- The risk of fraud and the motives and techniques used to perpetuate fraud.
- The COSO and COSO-ERM models for internal control and risk management, as well as the specific controls used to achieve those objectives.
- The Control Objectives for Information and Related Technology (COBIT) Framework for the effective governance and control of information systems and how IT affects the implementation of internal controls.
- The AICPA’s Trust Services framework for ensuring systems reliability by developing procedures to protect the confidentiality of proprietary information, maintain the privacy of personally identifying information collected from customers, assure the availability of information resources, and provide for information processing integrity.
- Fundamentals of information security.
- Goals, objectives, and methods for auditing information systems.
- Fundamental concepts of database technology and data modelling and their effect on AIS.
- The tools for documenting AIS work, such as REA diagrams, data flow diagrams, business processing diagrams, and flowcharts.
- The basic steps in the system development process to design and improve an AIS.