Computerized Accounting

QUESTION THREE The La Nkwantanang Municipal Assembly has been suffering huge financial losses since its creation on 23 September, 1987. At least GHS20 million is lost annually in all sections of the civil service through fraud (Daily Grapahic, July 18 20, 1997). Other problems include the following: i. Lack of a good accounting information system ii. Delay in the payment of salaries to staff. The District Chief Executive is asserting that the introduction of a well-coordinated computerised accounting information system could help turn the situation around. As a student, argue for or against the Governor's assertion