Unit 9: Computers in Accounting (6 marks)

Introduction to Computer and Accounting Information System (AIS)

Applications of computers in accounting: - Automation of accounting process, designing accounting reports, MIS reporting, data exchange with other information systems

Comparison of accounting processes in manual and computerized accounting, highlighting advantages and limitations of automation

Sourcing of accounting system: readymade and customized and tailor-made accounting system. Advantages and disadvantages of each option.