FIT1030 is a foundation unit for the Bachelor of Business Information Systems. The unit will incorporate introductory knowledge of financial and accounting information systems, as well as basic business knowledge.

30/11/2017 - Unit disestablished at FEC 5/17 Item 7.3.

29/05/2014 - Admin: minor edit to CEs change of objectives to learning outcomes for AQF compliance.

FIT1030 will be a core first year unit in the BBIS Bachelor of Business Information Systems. It will give students a general understanding of how a business plans and operates. The unit will concentrate on business functions with an emphasis on financial analysis, planning, and accounting information systems. The unit will also describe how the internet is used by a business.

On successful completion of this unit students should be able to:

• recognize the business activities of a typical organisation;
• perform basic accounting calculations for a business: balance sheet, including: profit and loss, cash flow, pricing, stock valuation, costing models;
• describe and analyse document operations and financial flows using various representations;
• critically analyse the functioning of an accounting information systems in an organisation;
• describe how web base systems are used by modern businesses;
• recognize the legal aspects of a contract;
• plan the function and systems of a business;
• analyse and interpret the financial statements of a business.

020399

This unit is aimed at providing the students with an overall knowledge of business organisations and their structure. The unit will cover all the steps from business strategy to operational planning and financial systems. The internal processes of a business organisation will be described with an emphasis on how they work together to achieve the financial and physical goals of the business.

Accounting information systems and the systems for the processing and recording of business transactions, inventory, sales, purchasing and financial reporting will be described in detail. Tutorial exercises using commercial software will take students through the operational steps of sales, purchasing and deliveries and then produce the main financial statements for the organisation.

A range of new management concepts and tools such as process oriented organisations, control matrices, and systems theory will be described. The unit will also look at how ecommerce and ebusiness is used in a modern organisation, and give a brief description of contracts and contract law.

Ulric J. Gelinas, Richard B. Dull, Pat Wheeler "Accounting information systems", (9th ed Thomson South-Western. ISBN-13: 9780538469319 http://www.cengage.com/search/productOverview.do?N=0&Ntk=P_Isbn13&Ntt=9780538469319

on-campus

Examination (2 hours): 60%, In-semester assessment: 40%

Minimum total expected workload equals 12 hours per week comprising:

(a.) Contact hours for on-campus students:

(b.) Additional requirements (all students):

FIT