Explain five challenges facing organizations that use computerized accounting software

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.

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

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