Impact of Computers On Computers On Accounting System
Impact of Computers On Computers On Accounting System
Impact of Computers On Computers On Accounting System
Characteristics
Lack of Visible
transaction trail
Manual
Consistency of
Performance
Ease of Access to
Data and Computer
Programs
Concentration of
Duties
Systems generated
transactions
Computerized
Normally
possible to
follow a
transaction
through the
system by
examining
source
documents,
entitys records,
and financial
reports.
Error may occur
because
employees are
not adequately
trained,
negligent, or
become ill/
fatigued .
Control by
authorized
personnel.
Cannot be easily
altered.
Proper
segregation of
duties as sound
internal control.
Transaction may
not be initiated
Computer performs
functions exactly as
programmed.
Reports generation
without the
need for an
input document.
Provide reports
in slower speed
and with much
human effort.
Generates reports in a
minimal amount of time.
In Partial Fulfillment
Of the Requirement in Auditing in a CIS Environment
Submitted By:
Gonato, Shirly L.
Submitted To:
Ms. Sittie Ayesa Lacelle Gadia, CPA