Accounting Technology and Ethics

Overview

In the context of a rapidly changing business environment where technology and analytics are key players, this module aims to equip students with the knowledge of emerging/disruptive technologies that are present in the workplace for the accountants of today. The future of accounting undoubtedly requires a new breed of accountant, one that is dynamic, flexible, and capable of utilising these technologies to fulfil their roles. This module familiarises students with technologies such as cloud computing, blockchain, Internet of things and artificial intelligence among others.

The module explores the world of data analytics – what it is, where and how it is used. The IMPACT cycle is covered which represents the lifecycle of analytics. To enhance the students learning experience the module incorporates a hands-on experience with Microsoft Power BI – one of the world’s leading data visualisation tools.

Another significant element challenging accountants is ethics. Accountants face many technical and ethical challenges therefore need to be equipped with technical and ethical competences. This module provides students with foundations for these ethical competences, which can be built upon over the student’s career. Students will navigate the process of ethical decision making through a decision model structure, identify moral and ethical issues and subsequently demonstrate moral/ethical reasoning and judgement.

Learning Objectives

On successful completion of this module, students will be able to:

1. Evaluate the transformative role of technology in business;

2. Discuss the characteristics and challenges associated with a number of emerging technologies;

3. Use data analytics tools to analyse data, interpreting and communicating findings from your analysis; and

4. Discuss ethics and moral philosophies as relevant to Accounting, develop approaches to recognise and respond to ethical challenges and apply these to professional scenarios.

Skills

This module –
1) seeks to provide an awareness of, and experience in, modern emerging technologies that are fundamental for professional accountants today,
2) draws on and improves student analytical and problem solving skills, which can be associated with data analytics including understanding raw data, interpreting the outputs and developing the ability to draw conclusions from vast amounts of data,
3) provides students with a conceptual understanding of ethical frameworks allowing them to apply critical thinking and judgement on the application of the frameworks to challenging situations,
4) enhances business acumen skills as students develop and awareness of the key events within the business world with a focus on current affairs,
5) develops presentation and communication skills through the group work element of the module, and
6) aims to improve employability skills of students.

Overall the module builds on a number of key transferable skills and should prepare students for an employment role within the accounting and finance sectors.

Assessment