The course introduces students to the Computerized Accounting Systems (CAS) concept, in utilizing the computer to maintain accounting records. These records as maintained in a Manual Accounting System (MAS), are the basis of management decisions. The CAS will give students the approach to which the power of integrated accounting packages for microcomputers, is harnessed to aid in the decision making process. The course presents students with a broad view of how accounting software contributes to an organization and its role in improving efficiency in productivity as well as considerations necessary in choosing and implementing a computerized accounting system. Students will learn the differences between manual and computerized accounting systems in working on general ledger, accounts receivable, accounts payable, inventory, depreciation and payroll applications, to maintain accounting records of a business and produce financial reports including cash flow as well as horizontal and vertical financial statements and ratio (variance) analysis for decision making.
- Teacher: Osei Yeboah Asuamah