Upon successful completion of this course, participants will be able to:

• Recognize the components of an accounting information system, and how it can be used.
• Identify the characteristics of data.
• Recognize different types of business processes.
• Describe the nature of a give-get exchange.
• Describe the data processing cycle.
• Recognize different types of source documents.
• Differentiate between the different types of ledgers and their contents.
• Specify where accounts are categorized within the chart of accounts.
• Specify the uses to which a context diagram can be put.
• Identify the best practices associated with the development of data flow diagrams and flowcharts.
• Recognize the different types of data representation in a database.
• State how tables and fields within a database are described.
• Describe the advantages of a relational database.
• Identify the tools used to manipulate and investigate data.
• Describe the legal basis for fraud having been perpetrated.
• Describe the three elements of the fraud triangle.
• Identify the conditions that should be present in order to reduce the incidence of fraud.
• Recognize the different classifications of computer-related fraud.
• Specify the conceptual failings that can interfere with a system of controls.
• Identify the different classifications of controls.
• State the organizations supporting the Committee of Sponsoring Organizations.
• Describe the components of the Internal Control – Integrated Framework and the Enterprise Risk Management framework.
• Identify the domains included in the COBIT model.
• Recognize the different types of directed attacks to which a system may be subjected.
• Identify the different types of input controls.
• State the privacy principles noted in the Generally Accepted Privacy Principles.
• Describe the different types of data backups.
• Recognize the characteristics of a digital signature.
• Describe the contents of an audit plan.
• Identify the techniques used to collect audit evidence.
• Describe the advantages of using computer-assisted auditing.
• Recognize the components of the sales cycle and the failures that can arise from having incorrect data in it.
• Identify the flow of information through the sales cycle, as well as the use of various documents within it.
• Recognize the components of the expenditure cycle and the failures that can arise from having incorrect data in it.
• Describe the formula for calculating the amount of reserve stock.
• Identify the concepts underlying a just-in-time system.
• Identify the various documents used in the expenditure cycle.
• State the reasoning behind using the target costing system.
• Recognize the components of the production cycle and the failures that can arise from having incorrect data in it.
• Identify the components of the master production schedule.
• Describe the different types of best practices that may be incorporated into an advanced manufacturing environment.
• Identify the key components of an activity-based costing system.
• Recognize the components of the human resources cycle and the failures that can arise from having incorrect data in it.
• Identify the various documents and reports used in the human resources cycle.
• Specify the situations in which the use of incentive compensation software is warranted.
• Describe the responsibilities of an employer and its supplier when payroll is outsourced.
• Identify the contents of the financial statements.
• Recognize the formatting changes that can be used to enhance the relevance of reported information.
• Identify the different types of month-end adjusting entries.
• Describe the advantages of using long-term systems planning.
• Specify the actions that can be taken to improve the odds of completing a system installation.
• Recognize the levels of in-house expertise needed to operate different types of software installations.