Disadvantages of Using a Computerized Accounting System (CAS)


•
Power failure, computer viruses and hackers

•
Once data is encoded into the system,automatically the output are obtained hence theinput data needs to be validated for accuracy,completeness and authorization,

-concept of GIGO (Garbage In -Garbage out )

•
Accounting system not properly set up to meet the requirement of the business due to badly programmed or inappropriate software or hardware

•
Danger of fraud, if required controls and security, whether internal and external are not properly instituted.

Disadvantages of Using a Computerized Accounting System (CAS)

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...