Answered step by step
Verified Expert Solution
Question
1 Approved Answer
need help writing this report <3 someone please Part B: Written Report (80 marks) Accounting can be defined as the process of identifying, measuring and
need help writing this report <3 someone please
Part B: Written Report (80 marks) "Accounting can be defined as the process of identifying, measuring and communicating economic information about an entity to a variety of users for decision-making purposes (Birt et al., 2020, p.2). Think back to your experiences of practising the manual accounting systems (e.g. manual journals, ledgers and Excel) and computerised accounting systems (e.g. Xero and MYOB), prepare a written reflective report that discusses the above definition of accounting in relation to how these experiences influence your understanding of basic accounting concepts and practices. In your reflective report, discuss the following by drawing the resources provided on Blackboard: Identify and briefly explain key similarities and differences (three as a combined total) between the processes and reporting of the manual and computerised accounting systems. Critically reflect on how your experience with these systems has influenced your understanding of basic accounting concepts and practices, and provide examples (at least three examples). Identify which system you would prefer to use in practice and provide reasons to justify your choice. You can explore other issues in addition to the tasks above in your critical reflection. You must draw on secondary research, i.e. relevant academic literature, theories and practice reports to support your discussion. 2Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started