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Explain five challenges facing organizations that use computerized accounting software

Answers

- Computerized systems are always at risk of being hacked, power failure, viruses and losing
information.
- Systems can be costly as they require constant updating and staff need to be trained to
effectively use the system.
- Security issues are posed with a risk of computer fraud.
- Human error is often not as quickly identified, and records input need to be validated for
accuracy.
- Computerized systems can be difficult to understand and if the systems are not specifically
adapted or set up for the business it can cause havoc to the accounts.

Kavungya answered the question on May 15, 2019 at 13:36

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