College of Business Administration and Accountancy

Document Course Code / Title

Course Outline
AIS Acctg 20 – Accounting Information System
Date Effective: Supersedes dated:
June 2018 June 2018

VISION CORE VALUES

An institution of higher learning, developing globally-competitive and value- G - God-loving

laden professionals and leaders instrumental to community development and E - Excellence
nation building. N - Nationalism
E - Environment Friendly
MISSION R - Responsible
O - Orderliness
An institution of higher learning committed to equip individuals with U - Unity
knowledge, skills and values that will enable them to achieve their S - Service to Others
professional goals and provide leadership and service for national
development. PnC Graduate Attributes
Bachelor of Science in Accountancy Educational Objectives 1. Professional Competence
2. Communication Skills
Within the five years after graduation, the graduates of BS in Accountancy shall have:
3. Analytical and Problem- Solving Skills
4. Lifelong Learning Skills
1. Obtain mid-level positions in public practice, commerce and 5. Interpersonal Skills
industry, government, and academe. 6. Productivity
2. Make a positive contribution to the profession and the society. 7. Social and Ethical Responsibility
3. Pursue further education and training to maintain their competence
as professional accountants

BS Accountancy Student Outcomes

1. Resolve business issues and problems, with a global perspective and particular emphasis on matters
confronting financial statement preparers and users, using the knowledge and technical proficiency in the
areas of financial accounting and reporting, cost accounting and management , management accounting,
auditing, taxation and accounting information systems.
2. Conduct accounting research through independent studies of relevant literature and appropriate use of
accounting theory and methodologies.
3. Employ technology as a business tool in capturing financial and non-financial information generating reports
and making decisions.
4. Apply knowledge and skills that will enable them to successfully respond to various types of assessments
(including professional licensure and certifications).
5. Confidently maintain a commitment to good corporate citizenship, social responsibility and ethical practice in
performing functions as an accountant.
.

Course Title Prepared by Reviewed by Recommending Approved by

Approval by: Page 1 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair
 COURSE CODE: Acctg 20

COURSE TITLE: Accounting Information System

COURSE DESCRIPTION: This course introduces to the system that underlie bookkeeping, accounting, financial
reporting, tax reporting, and auditing in all business firms. Such systems are
increasingly complex and in a continual state of flux do to rapidly changing technologies
and security risks. In this course, 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.
SCHEDULE: Monday and Tuesday 1-4 pm; 5:30-8:30pm

FACULTY: Prof. Filipina E. Manuel

COURSE OUTCOMES (CO):

At the end of this course, the students should be able to:

1. CILO 1 – Understand Accounting Information System

2. CILO 2 – Know the different process applicable to each accounting cycle..

3. CILO 3 – Produce a financial statement created through the quickbooks.

COURSE OUTLINE AND TIME-FRAME

WEEK 1.5 TOPIC

1 1.5 Discussion of PnC Mission and Vission,
PnC Core Values,
PnC Graduate Attributes,
Program Outcomes, Course Outcomes,
Course Orientation and Policies

1.2 3 The Accounting Information System

CILO 1
What is a system?
Information System framework
Accounting Information System
Why is it important t distinguish AIS from MIS
The Evolution of the Information System Models
Roles of Accountant
Lab- Create an Event database

2 3 Transaction Processing
CILO 1
Definition of Transaction Processing
Accounting Records
Data Flow Diagram and Entity Relationship Diagram
System Flowcharts
Real-time Processing and Batch Data Processing
Data Coding Schemes
Numeric and Alphabetic Coding Schemes

Flowcharting Activities
Course Title Prepared by Reviewed by Recommending Approved by
Approval by: Page 2 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair
 3 3 Ethics, Fraud and Internal Control
Ethics in Business
Computer Ethics
Fraud
Fraud Schemes
Internal Control
Control Environment
Information And Communication Systems

Preparation of Sales Invoice

4.-5 6 Revenue Cycle

Overview Of Revenue Cycle
CILO 2
Differences if Cash and Credit Sales Transactions
Revenue Computation of Manufacturing Industry
Duties and Responsibilities of Billing, Shipping, Receiving and
Cashiering Dept.
Segregation of duties and supervision to maintain reliable and
relevant information
Credit Sales Invoice
Bill of Lading
Journal Voucher
Inventory Subsidiary Ledger
Accounts Receivable Subsidiary Ledger
Credit Memo
Cash Receipts Journal
Accounting Records used if Revenue Reporting is based on PCs.

Design of Forms- Sales Invoice, Official Receipt, Inventory

Subsidiary Ledger

6 Prelim Exam Week

7-8 6 Expenditure Cycle
CILO 2
Purchase and Cash Disbursement Procedures
Overview on Expenditure Cycle
Cash and Credit Expenditures
Monitoring of Inventory Records
Preparing Purchase Order
Procedures on Receiving Order
Procedures on Updating Inventory Records
Procedures on Setting-up Accounts Payable
Purchase Requisition
Purchase Order
Receiving Report
Inventory Subsidiary Ledger
Accounts Payable Journal
Cash Disbursement Voucher
Voucher Register
PC based Purchases and Cash Disbursements
Accounting records used if Purchases and Cash Disbursements
Reporting is based on PCs.

Reengineering the Purchased/ Cash Disbursement System

Course Title Prepared by Reviewed by Recommending Approved by
Approval by: Page 3 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair
 including Data Processing and
Control Implications on Purchases/ Cash Disbursement procedures

Design of Forms – Cash Voucher, Purchase Order, inventory

Subsidiary Ledger
9 3 Expenditure Cycle on Payroll Processing and Fixed Asset CILO 2
procedures
Overview on payroll processing and fixed asset
Cash and Cheque processing of payroll and Cash and on-account
purchase of Fixed Asset
Computation/Problems on Fixed Assets
Functional Departments involved in payroll and fixed asset activities
Inherent Documents in Payroll Processing and Fixed Asset
Expenditures
Authorization Controls
Supervision Controls
Independent Verification Controls
Defining and differentiating Manual Payroll and PC based payroll
system
10 3 Conversion Cycle
Traditional Accounting Process of a Manufacturing Entity from CILO 2
including the Delivery Cycle ( from Receipt of order up to Shipment
of Goods)
Various Costing Methods used of a Manufacturing Entity
Similarities and differences of various Costing Methods
Advantages and Disadvantages of Various Costing Methods
11 3 Lean Manufacturing
Definition of a Lean Manufacturing CILO 2
Principles of Lean Manufacturing
Technologies used in a Lean Manufacturing Industry
MRP 1 and II and ERP Definition
MRP I and II and ERP Features
MRP I and II ERP Advantages and disadvantages
Cost-Benefit Principle Analysis in implementing MRP I and II

12 Midterm Exam Week

13 3 The Quickbooks Accounting System
CILO 3
Opening the Quickbooks Program
The QB homepage
Quickbooks Centre
Setting Preferences
Chart of Accounts
Set-up Budgets
Set-up Forecast
Set-up Users & Password
Reminders

Course Title Prepared by Reviewed by Recommending Approved by

Approval by: Page 4 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair
 15 3 Customer Navigator
Customer Centre CILO 3
Sales Order
Invoice
Form Templates

16 3 Supplier Centre
Add new supplier
Purchase order
Adding and deleting purchase order
Receiving items with Bill/ with PO
Entering a Bill against an Item Receipt
Entering Bills without Purchase Order
Creating an Item Receipt when there is no Purchase order
Entering a Bill for Expenses
Paying Bills
Paying a bill with a cheque

17 3 Lists CILO 1 & 3

Items and services and its subparts
Inventory Assembly
Units of Measure

18 Final Exam

SUGGESTED READINGS AND REFERENCES:

Hall, James A. (2011). Accounting Infpormation Systems; Seventh Editio
(2010-2011) Quickbooks Student Edition Version 19

COURSE REQUIREMENTS:
a. Term Examination - 50%
b. Quizzes/Exercises - 20%
c. Class Participation and attendance - 10%
Course Title Prepared by Reviewed by Recommending Approved by
Approval by: Page 5 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair
 d. Others - 20%
______
100%

GRADING SYSTEM:
Midterm Standing = Prelim Grade + Midterm Grade
(50%) (50%)

Final Grade = Prelim Grade + Midterm Grade + Final Grade

(30%) (30%) (40%)

Passing Grade: 60%

COURSE POLICIES:

6 .Respect the rights, opinions, and property of others.

1. Classroom attendance
7. You are expected to maintain academic integrity all the time. Cheating will automatically
2. Innovative participation
3. Completion of mean a grade of 5.0 for the particular assessment
assessment tasks
4. Attendance in seminar
workshop /

Submission of Course Requirements

Course requirements must be submitted on-time.

Faculty Consultation Hours

Wednesday 10-5pm;

Course Title Prepared by Reviewed by Recommending Approved by

Approval by: Page 6 of 6
Accounting Information Prof..Filipina E. Manuel Prof. Lourdes A. Prof. Wernan E. Prof. Remedios J. Bucal
System Deocariza Peralta OIC-Dean, College
Cluster Head Dept. Chair