Benedict Buchanan
Benedict Buchanan answered question
Accounting information systems existed on paper and via communication between the CEO and Financial Controller for a long time. In making such systems digital the help of spreadsheets and computer automation can speed up tedious tasks and allow more instant feedback but may just as well confuse management if the data is not well presented. … Read more
Benedict Buchanan
Benedict Buchanan answered
Accounting information serves two main purposes, one is to be able to look back and 'account' for what happened, the other is to then use this information over time to look for trends to be able to better manage a company or project in the future. Hence the reason it is good to keep track … Read more