Question
COVID-19 has generated a crisis for the global economy and markets including Ghana. Stakeholders and financial experts are apprehensive that the spread of the coronavirus
COVID-19 has generated a crisis for the global economy and markets including Ghana. Stakeholders and financial
experts are apprehensive that the spread of the coronavirus will disrupt the smooth operation of many traditional
businesses in Ghana. Consequently, some businesses are experimenting with online trading and some companies
have asked a number of their staff to work from home, others too are downsizing to stay afloat whilst other
companies are investing in computerised accounting information systems.
However, the Board of Directors of Nkwantabisa Company Limited is of the view that investing in information
technology such as computerised accounting information system could help the company to stay afloat. On the
other hand, the management of the company thinks otherwise: The introduction of a computerised accounting
information system could initiate the curtailment of white-collar jobs.
As a computerised accounting student, you have been approached by the Board Chairman of Nkwantabisa
Company Limited requesting for a justification of the position of management of the company vis a vis the
perspective of the Board of Directors on the introduction of computerised accounting systems.
Required:
Using practical examples, write a letter to the Board Chairman of Nkwantabisa Company Limited addressing both
perspectives and making a recommendation on your preferred proposition.
(15 marks)
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