Computerized Accounting Systems HOLLY STEVENS. Background On CAS Systems that are used in businesses to help properly and accurately maintain financial.

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Presentation transcript:

Computerized Accounting Systems HOLLY STEVENS

Background On CAS Systems that are used in businesses to help properly and accurately maintain financial records. Introduced in 1983 by Intuit

Benefits  Speed  Better Record keeping  Efficiency  Savings  Minimal math errors  Financial Statements are automatically generated by system

Challenges  Data losses  Hackers  Switching over

Types  Web-based  Software

Cost  Roughly dollars per month

Conclusion  Computerized systems growing in popularity  Improved productivity  Reduce stress and frustration

Recommendations  Save old files and information  Regular maintenance to keep software up-to-date