Section outline

    • Overview of Accounting Information Systems
    • The Information Environment
    • The Information System
    • The Accounting Information System
    • Management Information System

    • The role of Accountants

  • -      To appreciate the manual accounting information system, advantages, disadvantage

    -      To appreciate why companies, computerize their accounting

    -      To Appreciate the various categories of computerized accounting software packages

    -      To learn the factors that may be necessary in selecting an accounting information system.

    • To appreciate the benefits of computerized accounting visa vi manual accounting information system.

  • -      To appreciate the modeling of accounts to create a comprehensive AIS.

    -      Create and maintain various ledger accounts

    -      Construct Loan Amortization Schedules:

    -      Manage Asset Schedules

    -      Prepare Final Accounts

    -      Apply Best Practices in Excel Accounting Modeling


    • The main purpose is to Prepare a financial accounting model in  Microsoft Excel.

    • Using the financial transactions given to prepare financial statements. 
    • Use the information provided by the Cashier of Suprex Co Limited to :

      To Prepare (a) General Journal (b) the statement of profit or loss and (c) the statement of financial position of SUPREX Co as at 31 October 2020

    • A motor vehicle costing of 60 m has an estimated life of 5 years and a residual value of 7m. Calculate the annual depreciation using a straight line method.

    • Accounting Software

      • Manual Accounting and computerized Accounting
      • Why an accounting software,
      • Types of accounting software,
      • choosing an accounting software- factors to consider
      • Benefits of using computers, Disadvantages of using computers, defenses to demerits
      • Introduction to QuickBooks: Setting up QuickBooks

      • Working with Customers in Quick books