Process to Design an Accounting System

 

  1. "Design a rough classification, or chart of accoutns, and related financial statements and reports.
  2. Review this with management and operating personnel.
  3. Finalize statements, chart of accounts, and other reports.
  4. Prepare a plan of journalizing and design the necessary business papers and procedures to implement and operate the system." (Bodnar & Hopwood, 1995, p. 139)

 

Source: Bodnar, G. H. and Hopwood, W. S. (1995). Accounting Information Systems (6th ed.). Englewood Cliffs, NJ: Prentice Hall.

- 05/18/00 -

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