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Question - You've just graduated and have landed your first job. However, you realise that the business is not using technology to give it a competitive advantage in this global arena. Imagine that you have been having discussions with your supervisor about transitioning from manual accounting information systems to electronic accounting information systems. Seemingly, this strategy will undoubtedly help the business to be more effective and efficient. You have been charged to make a presentation to management.
1. Evaluate the legal and social implications of technology in business.
2. Construct an argument for the shift to an electronic accounting system.
3. Discuss how controls can deter fraudulent practices in an organization.
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