Case 16-2 Evaluating a General Ledger Package Accounting magazines such as Journal of Accountancy and Strategic Finance periodically publish reviews of accounting software. Obtain a copy of a recent software review article, and read its comments about a general ledger package to which you have access. Using the software, write a report that indicates whether, and why, you agree or disagree with the reviews opinions about the following features of the general ledger package:

a. Ease of installation

b. Flexibility in the initial setup of the chart of accounts and during subsequent modifications

c. Frequency of updates from subsystems (sales, cash receipts, etc.)

d. Control procedures available to restrict access

e. Control procedures to ensure accuracy of input and processing

f. Report flexibility (how easy it is to design reports, etc.)

g. Adequacy of the audit trail (e.g., what reference data are automatically provided versus how much of the audit trail has to be manually constructed)