What are the factors to be considered while introducing Computerised A

1.	What are the factors to be considered while introducing Computerised Accounting in a Business Concern?
Answer» Following are the factors to be considered while introducing Computerised Accounting in a Business Concern. (a) Efficiency: Cost effectiveness is an important factor to be considered while introducing Computer Accounting. (b) Flexibility: A business concern should be capable of adapting to changes in business environment. Hence the flexibility factor has to be taken into consideration. (c) Simplicity: It should be simple and user friendly to introduce in a business organisations. (d) Reliability: Reliability is another factor to be considered based on accounting principles and procedures while introducing computerised accounting in business. (e) User acceptance: User acceptance and involvement is also considered in adopting Computer Accounting.

What are the factors to be considered while introducing Computerised Accounting in a Business Concern?

Answer»

Following are the factors to be considered while introducing Computerised Accounting in a Business Concern.

(a) Efficiency: Cost effectiveness is an important factor to be considered while introducing Computer Accounting.

(b) Flexibility: A business concern should be capable of adapting to changes in business environment. Hence the flexibility factor has to be taken into consideration.

(c) Simplicity: It should be simple and user friendly to introduce in a business organisations.

(d) Reliability: Reliability is another factor to be considered based on accounting principles and procedures while introducing computerised accounting in business.

(e) User acceptance: User acceptance and involvement is also considered in adopting Computer Accounting.

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