Postprint version. Published in Advances in Accounting Education: Teaching and Cirriculum Innovations, Volume 5, January 1, 2003, pages 211-228.
NOTE: At the time of publication, the author Arline Savage was not yet affiliated with Cal Poly.
The definitive version is available at https://doi.org/10.1016/S1085-4622(03)05013-2.
This paper describes a new Financial Information Systems curriculum that integrates information technology and financial information in the development of business information systems, and discusses the problems we experienced in establishing the new program. Our intention is to provide accounting graduates with the knowledge they need to leverage the latest information technologies to support the use of financial information in management decision-making, and to integrate financial information and internal controls into business information systems. Our cross-disciplinary approach expands the horizons of our students, from one of viewing accounting as a stand-alone, untimely, inflexible information system, capturing only “accounting transactions” and their limited characteristics, to one of a more realistic real-time, enterprise-wide, activity-driven information system, used by a variety of users with a variety of needs. We also shift the focus from implementing costly controls to that of embedding controls within information systems during systems development, and of continuous systems monitoring.
Accounting | Business