Accounting, as an information system is the process of identifying, measuring and communicating the economic information of an organization to its users who need the information for decision-making. It identifies transactions and events of a specific entity. 

A transaction is an exchange in which each participant receives or sacrifices value (e.g. purchase of raw material). An event (whether internal or external) is a happening of consequence to an entity (e.g. use of raw material for production). An entity means an economic unit that performs economic activities.


This course is a study of individual behavior and group dynamics in organizational settings, to include the actions and attitudes of people in organizations. 

In addition to addressing traditional topics like motivation, leadership, teamwork, and communication, emphasis is placed on more contemporary issues such as inter-group relationships in an organization, managing employee behavior in virtual organizations and teams, and the new psychological contract between employees and organizations.