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Essay

Accounting System

Essay specific features

 

Issue:

Business

 

Written by:

Annie R

 

Date added:

June 12, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2264

 

Was viewed:

6059 times

 

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Essay content:

The internal controls are the checks that are placed in the system my the company's own management and directors. Today more and more companies are moving from the manual accounting systems to computerized accounting information systems. The advantages of a computerized system are increases in the speed and accuracy of processing accounting information...
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However, as systems become computerized, the internal controls for that system has to be adapted accordingly. This is because computerized systems bring with them certain unique problems that can only be removed or minimized by adapting the present controls and adding new controls. These problems are · In a manual system there is a paper trail for the internal auditor to follow...
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