Friday, March 1, 2019

Accounting as an Information System, Hasstrengths and Weaknesses

The Disadvantages of Accounting Information Systems 1. An write up tuition schema is designed for businesses to use for recording their financial transactions. Information is entered, processed, stored and distributed through this grammatical case of outline. Accounting selective information systems have many benefits however, in that respect are excessively some disadvantages to them. Learning the System 2. Learning an account statement information system can often be difficult and time-consuming. Individuals must be accomplished on a system, and this can cause a disadvantage to companies in terms of time and manpower.An accounting information system is do up of many different components, and almost all systems are computerized. Because of their complexity, some tidy sum may find them hard to use. It can take weeks or months for a person to understand an accounting system, and usually the individual still does not understand completely what the system is capable of. If t he employee quits working at the organization, it can take weeks or months, once again, to train another employee. neediness of Information 3.Accounting information systems are usually computerized. Because of this, there is always a risk of losing information through power outages or system crashes. When this happens, there is a chance that all the information in the system could be lost. Companies take precautions for this line by backing up their files regularly and do standard maintenance on all computer systems. They also erect anti-virus software as another precaution. Still, none of these steps eliminates the potential problem that may occur.Accounting information systems store a societys financial information for years. If a system crash occurs, it causes a major disadvantage to the company. All, or some, information is lost, and theres a chance it may never be recovered. Re-evaluation 4. Companies often assortment their way of doing business to keep up with the latest trends. To keep up in a demanding business world, these changes may impact an accounting system. An accounting information system is difficult to set up because every company is unique in its own way.In order to keep up with changes, accounting information systems must be re-evaluated often. Changes often need to be made in a system in order to process information efficiently. This can be a disadvantage to companies because it takes time for the re-evaluation, and it costs moneyRead to a greater extent The Disadvantages of Accounting Information Systems eHow. com http//www. ehow. com/list_6767205_disadvantages-accounting-information-systems. htmlixzz17DVgqkpH By Jennifer VanBaren, eHow Contributor updated July 24, 2010

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