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Level 3 Foundation Diploma in Accountancy

ICT applications in management information

AB302 · Management Information — Week 7 of 16

CourseAB302
Week7 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

ICT applications in management information

  1. Electronic point of sale (EPOS) data capture
  2. Accounting software packages
  3. Spreadsheet modeling for management accounts
  4. Designing a Breakeven Spreadsheet
  5. Sources of data - ACCA Management Accounting (MA)
  6. CIMA E3 Data, information, knowledge and IT
  7. Tools for presenting information

What you will be able to do

  • 3.1 Outline how ICT is used by business organisations to record management information.

Activity

Start with this week’s 4 videos, then: Seminar, guided reading and a short written task: outline how ICT is used by business organisations to record management information.

Study materials

Videos

  • Designing a Breakeven Spreadsheet · YouTube · Galton College · 6 min · for registered students
  • Sources of data - ACCA Management Accounting (MA) · YouTube · OpenTuition · 14 min · for registered students
  • CIMA E3 Data, information, knowledge and IT · YouTube · OpenTuition · 21 min · for registered students
  • Tools for presenting information · Oak National Academy, Key Stage 4 (GCSE level) · for registered students

Further resources

  • Workplace Software and Skills, ch. 12.1: Basic accounting in Excel · PDF · OpenStax, textbook chapter; pp. 788–790 · for registered students
  • Digital Workplace Skills: Integrated Learning of Accounting and Microsoft Excel · PDF · Reading, article · for registered students
  • Foundations of Information Systems, ch. 8: Data Analytics and Modeling · PDF · OpenStax, textbook chapter; pp. 297–338 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 6Midterm
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Accounting systems in business organisations
  • Week 2: Purpose of management information
  • Week 3: Management accounting versus financial reporting
  • Week 4: Labour remuneration systems
  • Week 5: Accounting for labour costs
  • Week 6: Analysing gross and net earnings
  • Week 7: ICT applications in management information
  • Midterm: Midterm evaluation
  • Week 9: Factors influencing ICT adoption
  • Week 10: Evaluating ICT in management information
  • Week 11: Integrated management information review
  • Week 12: Applying Management Information in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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