Curriculum Guideline

Computer Applications for Accounting

Effective Date:
Course
Discontinued
No
Course Code
ACCT 1222
Descriptive
Computer Applications for Accounting
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201430
PLAR
No
Semester Length
15 Weeks X 4 Hours Per Week = 60 Hours
Max Class Size
30
Contact Hours
Lecture 2 hours/week Seminar 2 hours/week
Method Of Instruction
Lecture
Seminar
Methods Of Instruction

Lecture and practical applications, conducted exclusively in a computer lab.

Course Description
This course will introduce the student to the concepts and practices of computerized accounting. This course will build on and apply previously acquired accounting and computer skills. In addition to spreadsheet techniques and applications using Excel, the student will learn Simply Accounting: General Ledger, Accounts Receivable, Accounts Payable, and Payroll.
Course Content

1.1  Review basic spreadsheet concepts
1.2  Review and apply basic accounting concepts
1.3  Prepare spreadsheets and charts for financial statements, financial analyses, and supporting schedules, including an  accounting related project
1.4  Learn appropriate use of spreadsheet formulas and functions
2.1  Introduce Simply Accounting
2.2  Create a new company or use predefined templates
2.3  Set up the General Ledger and Chart of Accounts; process day-to-day and adjusting entries
2.4  Print journals, general ledger reports and trial balance
2.5  Generate financial statements
2.6  Export and import the Chart of Accounts to and from Excel; export the Trial Balance to Excel
2.7  Perform month-end and year-end procedures. Print post-closing Trial Balance
2.8  Prepare Bank Reconciliation
3.1  Activate and set up the Accounts Receivable module
3.2  Process day-to-day transactions, including invoices, cash receipts and adjustments
3.3  Perform period-end processing, including interest and write-offs
3.4  Generate reports, including the aged receivable report
4.1  Activate and set up the Accounts Payable module
4.2  Process day-to-day transactions, including invoices and adjustments
4.3  Process payments, both manual and computer generated cheques
4.4  Generate reports, including the aged payables report
5.1  Activate and set up the Payroll module
5.2  Process day-to-day transactions, including adding employees and deductions
5.3  Process payroll with correcting entries
5.4  Generate reports

Learning Outcomes

At the end of the course, the successful student should be able to:

  1. Create accounting-related spreadsheets and charts by applying previously acquired accounting skills and expanding on previously acquired computer skills
  2. Set up and use the Simply Accounting General Ledger module to produce financial reports and prepare a bank reconciliation
  3. Set up and use the Simply Accounting Accounts Receivable module
  4. Set up and use the Simply Accounting Accounts Payable module
  5. Set up and use the Simply Accounting Payroll module.
Means of Assessment
Excel    
Assignment(s) and Quiz(zes)-minimum one of each       10%  
Excel Examination 20%  
 Total Excel    30%
Simply Accounting    
Assignment(s) 10%  
Tests:    
General Ledger 10%  
Accounts Receivable 10%  
Accounts Payable 10%  
Payroll 10%  
Comprehensive Simply Accounting Examinatin 20%  
 Total Simply Accounting    70%
    100%

 Students must write both examinations in order to obtain credit for the course.

Textbook Materials

Textbooks and Materials to be Purchased by Students

 Grauer, R. T., Mulbery, Keith M and Scheeren Judy. Exploring Microsoft Excel Comprehensive 2010, latest edition,

Pearson Educational.

Freedman, H. and Smith, C.  Learning Simply Accounting by Sage Premium 2012, latest edition, Thomson Nelson.

 Or other textbook(s) approved by the Accounting Department.

ACCT 1110 or ACCT 1235 text or equivalent.

Prerequisites

(ACCT 1110 with a grade of C+ or better OR ACCT 1210 with a grade of C or better OR ACCT 1235 with a grade of C or better) AND (CSIS 1110 with a grade of C or better OR CSIS 1190 with a grade of C or better).

Which Prerequisite