Your firm of accountants has been the auditors of Leather Merchants Limited, a company that exports both raw and semi-finished leather products to European and Asian markets. The company has decided to introduce a comprehensive computer system to manage its

accounting and administrative functions.

Required:
a) Outline the practical difficulties you would encounter as an auditor as a result of the proposed introduction of a computerized accounting system.(10 marks)


b) Explain how you would overcome the difficulties identified in (a) above. (5 marks)

c) Identify and explain the benefits that the company would derive as a result of putting in place a comprehensive computerized accounting system.(5 marks)