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Monash University

FIT1030 Introduction to business information systems - Semester 1, 2013

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 e-commerce and e-business is used in a modern organisation, and give a brief description of contracts and contract law.

Mode of Delivery

Clayton (Day)

Contact Hours

2 hrs lectures/wk, 2 hrs tutorials/wk

Workload requirements

Students will be expected to spend a total of 12 hours per week during semester on this unit as follows:

Lectures: 2 hours per week
Tutorials/Lab Sessions: 2 hours per week per tutorial
and up to an additional 8 hours in some weeks for completing lab and project work, private study and revision.

Chief Examiner

Campus Lecturer


Poh Lim (Mary)

Academic Overview

Learning Outcomes

On completion of this unit, students will be able to:
  • understand the business activities of a typical organisation;
  • perform basic accounting calculations for a business: balance sheet, profit and loss, cash flow, pricing, stock valuation, costing models;
  • understand how to describe and document operations, information and financial flows using different types of representations;
  • describe and analyse accounting information systems in an organisation;
  • understand how web based systems are used by a modern business;
  • have a basic understanding of the legal aspects of a contract;
  • analyse the operations and business systems of an existing business;
  • plan the functions and systems of a new business;
  • use and understand the financial statements of a business;
  • take an active part in the planning activities of a business.

Unit Schedule

Week Activities Assessment
0   No formal assessment or activities are undertaken in week 0
1 LECTURE: Introduction to Business Systems, NO TUTORIAL  
2 LECTURE: Enterprise Systems and e-Business Systems, TUTORIAL: Understanding Information Systems & Enterprise Systems Weekly Online Quizzes and Tutorial Participation starts in Week 2
3 LECTURE: Documenting Information Systems, TUTORIAL: Data Flow Diagrams and Systems Flowchart using Visio  
4 LECTURE: Database Management Systems, TUTORIAL: Database design using REA Model  
5 LECTURE: Controlling Information Systems, TUTORIAL: Risk Management and IT Control Processes  
6 LECTURE: Business Process and Application Controls, TUTORIAL: Control Matrix and Application Controls  
7 LECTURE: Basic Accounting, TUTORIAL: Basic Accounting Assignment 1 due 5pm, Saturday 27 April 2013
8 LECTURE: The Revenue Cycle: Order Entry/Sales Process, TUTORIAL: SAP ECC6  
9 LECTURE: The Expenditure Cycle: Purchasing to Payments Process, Supply Chain Management (SCM), TUTORIAL: SAP ECC6  
10 LECTURE: The Production Cycle, TUTORIAL: SAP ECC6  
11 LECTURE: The General Ledger and Business Reporting (GL/BR) Process, TUTORIAL: SAP ECC6  
12 LECTURE: Consolidation and Unit Review, TUTORIAL: Revision Assignment 2 due 5pm, Saturday 1 June 2013
  SWOT VAC No formal assessment is undertaken in SWOT VAC
  Examination period LINK to Assessment Policy: http://policy.monash.edu.au/policy-bank/

*Unit Schedule details will be maintained and communicated to you via your learning system.

Assessment Summary

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

Assessment Task Value Due Date
Assignment 1 - Business Process and Controls 10% 5pm, Saturday 27 April 2013
Assignment 2 - Threats and Controls in Business Processes (Case Studies) 10% 5pm, Saturday 1 June 2013
Online Quizzes 10% Weekly (starting Week 2)
Tutorial Participation 10% Weekly (starting Week 2)
Examination 1 60% To be advised

Teaching Approach

Lecture and tutorials or problem classes
This teaching and learning approach provides facilitated learning, practical exploration and peer learning.

Lectures will present the concepts and also include systems walk-through of the SAP System. Tutorials are designed to reinforce the concepts taught in lectures and allowing students the opportunity to explore the use of various software to facilitate learning.

Assessment Requirements

Assessment Policy

Faculty Policy - Unit Assessment Hurdles (http://www.infotech.monash.edu.au/resources/staff/edgov/policies/assessment-examinations/unit-assessment-hurdles.html)

Academic Integrity - Please see the Demystifying Citing and Referencing tutorial at http://lib.monash.edu/tutorials/citing/

Assessment Tasks


  • Assessment task 1
    Assignment 1 - Business Process and Controls
    Individual assignment analysing the business process and preparing:
    • a context diagram
    • a data flow diagram
    • a systems flowchart
    Preparing a control matrix, including explanations of how each recommended control plan helps to accomplish the operations process goals.

    More details of the assignment will be given in class.
    Criteria for assessment:

    Quality of analysis and preparation of various documentation diagrams.

    More details with be provided.

    Due date:
    5pm, Saturday 27 April 2013
  • Assessment task 2
    Assignment 2 - Threats and Controls in Business Processes (Case Studies)
    This is an individual assignment based on two case studies.  Students are required to analyse the business processes of each system and identify areas where the system can be exposed to fraud and to recommend improvements to correct these weaknesses.

    More details of the assignment will be given in class.
    Criteria for assessment:

    Students will be assessed on:

    • the clarity and content of their report
    • correctly identifying the flaws/weaknesses of the systems
    • the appropriateness and feasibility of their recommendations

    Specific tasks and marking criteria will be given in class.

    Due date:
    5pm, Saturday 1 June 2013
  • Assessment task 3
    Online Quizzes
    Weekly assessment of lecture topics. Students are required to log-in to unit website on Moodle to attempt the quizzes. Two attempts are allowed and the highest score is taken.

    More information will be given in class.
    Criteria for assessment:

    Correct answers to questions.

    Due date:
    Weekly (starting Week 2)
  • Assessment task 4
    Tutorial Participation
    Students are assessed on their participation in tutorials.
    Criteria for assessment:
    • Participation in tutorials
    • Completion of class exercises
    • Contribution to class discussions
    Due date:
    Weekly (starting Week 2)


  • Examination 1
    2 hours
    Type (open/closed book):
    Closed book
    Electronic devices allowed in the exam:
    Non programmable calculators

Learning resources

Reading list

Ulric J. Gelinas Jr., Richard B. Dull, and Patrick R. Wheeler (2012) Accounting Information Systems (9th Edition), South-Western Cengage Learning (ISBN: 978-0-538-46931-9)

Monash Library Unit Reading List

Feedback to you

Types of feedback you can expect to receive in this unit are:
  • Informal feedback on progress in labs/tutes
  • Graded assignments with comments
  • Graded assignments without comments
  • Quiz results
  • Solutions to tutes, labs and assignments

Extensions and penalties

Returning assignments

Referencing requirements

Referencing internet and electronic sources (Harvard referencing style):

IEEE Referencing:

Assignment submission

It is a University requirement (http://www.policy.monash.edu/policy-bank/academic/education/conduct/plagiarism-procedures.html) for students to submit an assignment coversheet for each assessment item. Faculty Assignment coversheets can be found at http://www.infotech.monash.edu.au/resources/student/forms/. Please check with your Lecturer on the submission method for your assignment coversheet (e.g. attach a file to the online assignment submission, hand-in a hard copy, or use an online quiz).

Online submission

If Electronic Submission has been approved for your unit, please submit your work via the learning system for this unit, which you can access via links in the my.monash portal.

Prescribed text(s)

Limited copies of prescribed texts are available for you to borrow in the library.

Marshall B Romney, Paul J Steinbart, Joseph M Mula, Ray McNamara, Trevor Tonkin. (2012). Accounting Information Systems. (1st Edition) Pearson (ISBN: 9781442542594).

Examination material or equipment

Non programmable calculators may be used in the examination.

Other Information


Graduate Attributes Policy

Student services

Monash University Library

Disability Liaison Unit

Students who have a disability or medical condition are welcome to contact the Disability Liaison Unit to discuss academic support services. Disability Liaison Officers (DLOs) visit all Victorian campuses on a regular basis.

Your feedback to Us

Previous Student Evaluations of this Unit

Previous student evaluation of this unit has indicated that students were comfortable using Excel and didn't need to revise these skills in tutorials. Accordingly, these have been dropped from this year's offering. Students enjoyed using SAP Business ByDesign and these tutorials have been further developed for this year's offering.

If you wish to view how previous students rated this unit, please go to

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