Select a small to medium size organization (fictitious) which manufactures products, develop an

accounting system which can be used in the selected organization and explain how this accounting

system impacts on increasing the efficiency of business process.

WORD LIMIT: 1,500

You are required to explain the following;

• Main business functions of the selected organization and activities performed under each
• function you mentioned (including accounting function).
• Role of financial accountant in the selected business organization.
• Source documents used to collect information of daily transactions in the selected organization
• (you are required to explain the purpose of using those documents).
• The method of managing the wages and salaries of employees who work in the selected
• business.
• Supplementary accounting systems maintained (control accounts, bank reconciliation
• statement).
• Importance of computerized accounting and what changes you expect in the system of
• accounting in the selected business organization.