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Level 7 Diploma in Health and Social Care Management

Financial Technology and Accounting Information Systems

HSC703 · Managing Finance in the Health and Social Care Sector — Week 2 of 16

CourseHSC703
Week2 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Financial Technology and Accounting Information Systems

  1. Enterprise resource planning (ERP) systems
  2. Automation in accounts payable and receivable
  3. Audit trails and data integrity
  4. Cloud-based healthcare financial software
  5. Week 2: Lecture 7: Automation of Enterprise using RPA and Intelligent RPA
  6. MRP vs MRP II vs ERP - A Comparison of Planning Systems
  7. Lecture 12 MRP ERP

What you will be able to do

  • 1.2 Evaluate how financial software is utilised within the accounting functions of organisations.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: evaluate how financial software is utilised within the accounting functions of organisations.

Study materials

Videos

  • MRP vs MRP II vs ERP - A Comparison of Planning Systems · YouTube · Dr. Haywood · 6 min · for registered students
  • Lecture 12 MRP ERP · YouTube · Eddy Witzel · 9 min · for registered students

Further resources

  • Principles of Accounting, Volume 1: Financial Accounting, ch. 7: Accounting Information Systems · PDF · OpenStax, textbook chapter; pp. 423–494 · for registered students
  • Information Systems for Business and Beyond (2019), ch. 8: Business Processes · PDF · Other, textbook chapter · for registered students
  • Foundations of Information Systems, ch. 7: Cloud Computing and Managing the Cloud Infrastructure · PDF · OpenStax, textbook chapter; pp. 263–296 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

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: Foundations of Financial Management in Healthcare
  • Week 2: Financial Technology and Accounting Information Systems
  • Week 3: Double-Entry Bookkeeping and Financial Recording
  • Week 4: Financial Performance Evaluation Using Ratios
  • Week 5: Short-Term and Long-Term Financing Needs
  • Week 6: Sources of Healthcare Financing
  • Week 7: Budgetary Control and Revenue Management
  • Midterm: Midterm evaluation
  • Week 9: Interpreting Healthcare Budgets
  • Week 10: Capital Expenditure and Investment Appraisal
  • Week 11: Strategic Financial Recommendations
  • Week 12: Applying Managing Finance in the Health and Social Care Sec…
  • 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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