Question

what are the limitations of computerised system in accountancy ​

Answer 1

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☞Some more limitations related tocomputerised System in Accounting:

1. High Cost of Training:

Besides the high cost of computer system, huge money is required to get the trained specialised staff to ensure efficient and effective use of computerised systems.

2. Danger of System Failure:

The danger of system crashing due to hardware failure and the subsequent loss of word is a serious limitation of this system.

3. Staff Opposition:

Whenever the Accounting System is computerised, there is a significant degree of resistance from the existing staff because of the fear that they shall be less important to the organisation.

4. Disruption:

The accounting process suffer a significant loss of work and time when an organisation switches over to this system. This is due to the changes in the working environment that requires accounting staff to adapt to new system and procedures.

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