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UNIVERSITY OF THE EAST

UNIVERSITY MISSION STATEMENT:

Imploring the aid of Divine Providence, the University of the East dedicates itself to the service of youth, country and God,
and declares adherence to academic freedom, progressive instruction, creative scholarship, goodwill among nations and
constructive educational leadership.

Inspired and sustained by a deep sense of dedication and a compelling yearning for relevance, the University of the East
hereby declares as its goal and addresses itself to the development of a just, progressive and humane society.

UNIVERSITY VISION STATEMENT:

As a private non-sectarian institution of higher learning, the University of the East commits itself to producing, through
relevant and affordable quality education, morally upright and competent leaders in various professions, imbued with a strong
sense of service to their fellowmen and their country.

INSTITUTIONAL LEARNING OUTCOMES:

In pursuit of its mission, the University seeks


1. To create curricular programs attuned to the constantly changing needs and challenges of the youth within the
context of a proud nation and enriched culture;
2. To produce innovative research output, the true hallmark of institutional integrity and dynamism;
3. To render relevant and committed service to the community, the nation, and the world.

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COLLEGE OF BUSINESS ADMINISTRATION

COLLEGE MISSION STATEMENT:


The College of Business Administration commits itself to prepare the youth through relevant, responsive and ethical
curricular programs into morally upright, competent and well-rounded entrepreneurs, accountants and business managers.

COLLEGE VISION STATEMENT:


The College of Business Administration of the University of the East aims to be recognized as one of the top five
producers of highly competent graduates who possess the knowledge, skills, values and attitudes that prepare them to compete
on an even keel in both the local and global workplace in the 21st century.

COLLEGE GOALS:
The College of Business Administration is committed to provide equal opportunities in quality business education,
consistent with the UE Mission and our national aspiration, and geared towards global interdependence.

PROGRAM OUTCOMES:
1. Demonstrate the necessary knowledge, understanding, attitude and skills required to successfully pass the CPA
Licensure Examination.
2. Deliver impressive and convincing presentation through effective communication skills in listening, writing and
speaking.
3. Behave in accordance with the highest standards of professionalism, integrity, transparency and accountability.
4. Perform research using the body of knowledge in the Accounting discipline.
5. Collaborate in a team environment by applying the interpersonal skills required of an accountant working in groups or
as a team player.
6. Ability to demonstrate the process of identifying, gathering, measuring, summarizing and analyzing financial data in
business organizations, including the use of computer based information.

COURSE SYLLABUS IN
ACCOUNTING IN A CIS ENVIRONMENT
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School Year 2017 to 2018

Course Code BAC 517 / AC 518N

Course Title Accounting in a CIS Environment


Lecture 2 units
Credit Units
Laboratory / Studio 1 unit
Course Code BAC 413
Course Title Applied Accounting
Pre-Requite(s)
Course Code BAC 416
Course Title Accounting Information System

Course Description:
This course is a this risk-based approach identifying significant IT threats and describes the audit tests and procedures for
evaluating internal controls in the general control areas: IT Governance, including IT organizational structure, disaster recovery planning,
and IT outsourcing; System security, including security issues pertaining to operating systems, networks, and database systems; Systems
development and program change procedures. CAATTs technologies and techniques concepts are covered with hands-on exercises using
the Generalized Audit Software (GAS) Audit Command Language (ACL)

Course Outcomes

Upon completion of the course, the learner will be able to:


1. Be as current as possible on issues such as business processes, general controls, application controls, fraud issues and relevant
aspects of Sarbanes-Oxley legislation in the United States as this law affects Philippine business environment
2. Understand and explain information technology auditing.
3. Be familiar with ACL, the widely used GAS software.

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

Orientation on the University mission and


At the end of the lesson, the learner
vision, College goals and objectives,
will be able to:
program goal, objectives and outcomes
 State the university and college
mission and vision statements,  Discussion
Overview of the course  Question and
college and program objectives  Sharing of answer
and outcomes thoughts
Learning expectations  Scoring rubrics
 Recognize the contents of the
on brief
syllabus and intended learning Orientation on the requirements of the reflection paper
 Identify the requirements of the course
course

I. AUDITING, ASSURANCE, AND


 Differentiate attest services from INTERNAL CONTROL
assurance services and explain 1. Overview of Auditing
the relationship between the two. 2. Role of the Audit committee
1st 3  Explain the structure of the audit 3. Financial Audit Components
and grasp the conceptual 4. Audit Risk  Power-point
 Quiz
elements of the audit process. 5. The IT Audit presentation and
 Graded
 Explain the concept and 6. Internal Control illustration
recitation
importance of internal control 7. Internal Control Objectives, Principles,  Interactive
 Written
 Show the relationship between Models discussion
homework
general controls, application
controls and financial data
integrity.

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

II. AUDITING IT GOVERNANCE


At the end of the lesson, the learner
CONTROLS  Power-point  Quiz
will be able to:
 Explain the risks of incompatible presentation and  Graded
1. Information Technology Governance illustration recitation
functions and to structure the IT 2. Structure of the Information Technology
function.  Interactive  Written
function discussion homework
 Familiarize with the controls and 3. The computer center
precautions required to ensure 4. Disaster Recovery Planning
the security of an organization’s
2nd 3 computer facilities. 5. Outsourcing the IT Function
 Explain the key elements of a
disaster recovery plan.
 Identify the benefits, risks, and
audit issues related to IT
outsourcing.

3 III. SECURITY PART 1: AUDITING


3rd At the end of the lesson, the learner
will be able to: OPERATING SYSTEMS AND NETWORKS  Power-point  Quiz
presentation and  Graded
1. Auditing Operating Systems illustration recitation
 Indentify and explain the principal
threats to the operating system  Interactive  Written
2. Auditing Networks discussion homework
and the control techniques used
to minimize the possibility of
3. Auditing Electronic Data Interchange
actual exposures.
(EDI)
 Explain the principal risks
4. Auditing PC-Based Accounting Systems
associated with commerce
conducted over the intranets and
Internet and understand the
control techniques to reduce risks.
 Identify the risks associated with
personal computing systems.
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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

 Recognize the exposures that


arise with EDI and identify how
these exposures can be
reduced.
At the end of the lesson, the learner IV. SECURITY PART II: AUDITING  Power-point  Quiz
DATABASE SYSTEMS presentation and  Graded
will be able to:
1. Data Management Approaches illustration recitation
2. Key Elements of the Database  Interactive  Scoring rubrics
 Explain the operational problems
Environment discussion on written report
inherent in the flat-file approach to
3. Databases in a Distributed Environment  Break-out group by group
data management that gave rise
4. Controlling and Auditing Data for case
to the database approach.
Management Systems analyses
 Distinguish the fundamental
concepts and their relationships.

3  Recognize and explain the


4th
characteristics of three database
models; hierarchical, network,
and relational.

 Show the risks associated with


centralized, partitioned, and
replicated database models in
the DDP environment

 Explain the audit objectives and


procedures used to test data
management controls.
3 V. SYSTEMS DEVELOPMENT AND
5th At the end of the lesson, the learner
will be able to: PROGRAM CHANGE ACTIVITIES  Power-point  Quiz
presentation and  Graded
 Identify the stages in the SDLC, 1. Participants in Systems Development illustration recitation
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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

the pertinent systems, 2. Information Systems Acquisition


documentation, common 3. The Systems Development Life Cycle
problems that could lead failure. (SDLC)
4. Controlling and Auditing the SDLC.  Scoring rubrics
 Interactive
 Interrelate how accountants on written report
discussion
participate in the SDLC. by group
 Problem solving
 Identify the advantages and
disadvantages of the commercial
software option, and to discuss
the decision process used to
select commercial software.

 Explain the purpose of a system


walkthrough.
3 VI. TRANSACTION PROCESSING AND
6th At the end of the lesson, the learner
will be able to: FINANCIAL REPORTING SYSTEMS  Power-point  Quiz
OVERVIEW presentation and  Graded
 Explain the transaction cycles illustration recitation
and identify the types of 1. Review of transaction processing  Interactive  Written
transactions. 2. Accounting Records, documentation discussion homework
 Describe the relationship techniques.  Problem solving
between traditional accounting 3. Computer-based Accounting Systems
records and their digital  Data Coding Schemes
equivalent in computer-based  General Ledger Systems (GLS)
systems.  The Financial Reporting Systems (FRS)
 XBRL – Reengineering Financial
Reporting
 Controlling the FRS
 Use documentation techniques
for representing manual and
computerized.

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

 Explain the technologies to


automate and reengineer
accounting information systems.
 Explain the features of the GLS
and FRS.

PRELIM EXAMINATION AND DISCUSSION OF PRELIMENARY EXAM

At the end of the lesson, the learner


will be able to:  Quiz
 Recognize the classes of  Graded
 Power-point
transaction input controls used by recitation
presentation and
accounting applications. VII. COMPUTER-ASSISTED AUDIT illustration  Written
 State the objectives and TOOLS AND TECHNIQUES homework
 Interactive
demonstrate the techniques used 1. Application Controls
discussion  Scoring rubrics
to implement processing controls, 2. Testing Computer Application Controls on written case
 Break-out group
7th 3 including run-to-run, operator 3. Computer-Aided Audit Tools and problems and
for case
intervention, audit trail controls. Techniques for Testing Controls (CAATTs) class
problems
 Explain the methods used to presentation
establish effective output controls
for both batch and real-time
systems.
 Differentiate black box auditing.
 Explain the key features of the
five CAATTs.
8th 3 At the end of the lesson, the learner  Quiz
will be able to:  Power-point  Graded
VIII. DATA STRUCTURES AND CAATTs presentation and recitation
 Recognize the components of FOR DATA EXTRACTION illustration  Written
data structures and uses.  Interactive homework
 Compare the structures used in discussion  Exercise on
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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

1. Data Structures
flat-file systems, sequential,
2. Designing Relational Databases
indexes, hashing and pointer  Computer
3. Embedded Audit Module
structures. laboratory
4. Generalized Audit Software ACL.
hands-on for
 Explain relational database 5. Audit Command Language (ACL)
ACL Overview.
structures and the principles of Software
normalization.
 Determine the features,
advantages and disadvantages.
 Summarize and explain the key
features of the five CAATTs.
9th 3 At the end of the lesson, the learner  Power-point  Quiz
will be able to: IX. AUDITING THE REVENUE CYCLE presentation and  Graded
1. Revenue Cycle Activities and Technologies illustration recitation
2. Revenue Cycle Audit Objectives, Controls, and  Interactive  Written
 Explain the operational tasks Test of Controls discussion homework
associated with the revenue cycle 3. Substantive Tests of Revenue Cycle Accounts
under different levels of
technology.

 Summarize the audit objectives


related to the revenue cycle.

 Tell the revenue issues related to


alternatives technologies.
 Recognize the relationship
between revenue cycle audit
objectives, controls, and tests of
controls.

 Explain the nature of substantive


tests in achieving revenue audit
objectives.
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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

 Show the common features and


functions of ACL in substantive
tests.

At the end of the lesson, the learner


will be able to:

 Explain the operational tasks


associated with the expenditure
cycle under different levels of
technology. X. AUDITING THE EXPENDITURE CYCLE
 Power-point  Quiz
 Relate the audit objectives related
to the expenditure cycle. presentation and  Graded
1. Expenditure Cycle Activities and
illustration recitation
 Explain the expenditure cycle Technologies
10th 3 control issues related to  Interactive  Written
2. Expenditure Cycle Audit Objectives,
alternatives technologies. discussion homework
Controls, and Test of Controls
 Recognize the relationship 3. Substantive Tests of Expenditure Cycle
between expenditure cycle audit Accounts
objectives, controls, and tests of
controls.
 Explain the nature of substantive
tests in achieving expenditure
cycle audit objectives.
 Summarize the common features
and functions of ACL in
substantive tests.

MIDTERM EXAMINATION AND DISCUSSION OF MIDTERM EXAMINATION

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

At the end of the lesson, the learner


will be able to:
 Identify and explain the general
functionality and key elements of XI. ENTERPRISE RESOURCE PLANNING
the ERP systems, configurations, SYSTEM (ERP)
servers, databases, and bolt-on  Quiz
software. 1. What is ERP?  Power-point  Graded
 Explain the purpose importance of 2.ERP System Configurations presentation and recitation
11th 3
data warehousing in the design, 3. Data Warehousing illustration  Written
maintenance, and operation of a 4. Risk Associated with ERP  Interactive homework
data warehouse. Implementation discussion
 Recognize the risks associated 5. Implications for Internal Control and
with ERP implementation. Auditing
 Restate the internal control and
auditing implications associated
with ERPs.
XII. BUSINESS ETHICS, FRAUD, AND
12th At the end of the lesson, the learner
will be able to: FRAUD DETECTION  Quiz
3  Power-point  Graded
1. Ethical Issues in Business. presentation and recitation
 Identify and explain the broad 2. Fraud and Accountants. illustration  Written
issues of business ethics. 3. Auditor’s Responsibility for detecting  Interactive homework
 Explain what constitute fraudulent fraud. discussion
behavior. 4. Fraud Detection Techniques.
 Explain fraud-motivating forces.

 Interrelate typical fraud schemes


by managers and employees.

 Summarize the common anti-


fraud techniques in manual and
computer-based systems.

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

 Restate the use of ACL in the


detection of fraud.

 Power-point
XIII. ACL EXERCISES FOR REVENUE presentation and  Scoring rubrics
At the end of the lesson, the learner
15 th 3 AND EXPENDITURE CYCLES AND illustration on ACL case
will be able to use ACL to perform
FRAUD  Break-out group problems.
substantive testing.
for ACL case
problems

 Power-point
XIII. ACL EXERCISES FOR REVENUE AND presentation and  Scoring rubrics
At the end of the lesson, the learner
16th 3 EXPENDITURE CYCLES AND FRAUD illustration on ACL case
will be able to use ACL to perform
(continuation)  Break-out group problems.
substantive testing.
for ACL case
problems

 Power-point
At the end of the lesson, the learner XIII. ACL EXERCISES FOR REVENUE AND presentation and  Scoring rubrics
will be able to use ACL to perform
17th 3 EXPENDITURE CYCLES AND FRAUD illustration on ACL case
substantive testing.
(continuation)  Break-out group problems.
.
for ACL case
problems

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COURSE CONTENT

Teaching Learning
Week Hours Learning Outcomes Topics Assessment
Activities

FINAL EXAMINATION

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Course References

Textbook Hall, James A. Information Technology Auditing and Assurance. 2011 Cengage Learning Asia Pte, Ltd.
Other References Hall, James A. Information Technology. 2011 Cengage Learning Asia Pte, Ltd.

Grading System COMPUTATION OF GRADES

Let: PX = Prelim Exam TMG = Tentative Midterm Grade PG = Prelim Grade


MX = Midterm Exam TFG = Tentative Final Grade MG = Midterm Grade
FX = Final Exam FG = Final Grade
AQ1 = Average Quiz – Preliminary Period CS1 = Class Standing – Preliminary Period
AQ2 = Average Quiz – Midterm Period CS2 = Class Standing – Midterm Period
AQ3 = Average Quiz – Final Period CS3 = Class Standing – Final Period

Preliminary Grade (PG) = (PX x 40%) + (AQ1 x 40%) + (CS1 x 20%)


Midterm Grade (MG)
TMG = (MX x 40%) + (AQ2 x 40%) + (CS2 x 20%)

MG = 2TMG + PG
3
FINAL Grade (FG)
TFG = (FX x 40%) + (AQ3 x 40%) + (CS3 x 20%)

FG = 2TFG + MG
3
Course Requirement/s 1. Class Standing 2. Average Quizzes 3. Major examination
a recitation a. prelims
b. assignments/seatwork b. mid-term
c. finals

Resources Calculator, LCD projector, Laptop, Visual aids, E-learning uploads and instructional materials

Consultation Hours MWF – 4:00 pm to 5:00 pm


TTH – 3:00 pm to 4:30 pm

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PREPARED BY:
REVIEWED BY:

ANGELITO C. DESCALZO Name of industry Practitioner

VERIFIED BY: RECOMMENDING APPROVAL: APPROVED BY:

Solita D. Dranto Fe B. Reyes Veronica N. Elizalde


Department Chair, ACLAT Associate Dean, CBA Dean, CBA

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