Topic: Computerized Versus Manual Accounting Systems Question: Recently, a new student of accounting was overheard making the
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Question:
Topic: Computerized Versus Manual Accounting Systems
Question:
Recently, a new student of accounting was overheard making the following remarks:
"Why are we learning how to use the double-entry system of recording in the
accounting cycle? Surely there are good computer packages available these days which
can handle all of these details."
Required:
an essay addressing the following:
a) Discuss at least 5 advantages provided by computer packages in the field of
accounting. Give examples wherever applicable.
b) Given the benefits provided by computerized systems, critique whether it is still
necessary to learn manual double-entry accounting systems. State reasons to
support your answer.
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