Explore BrainMass
Share

The Use of Information Systems and Accounting

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

http://smallbusiness.chron.com/use-information-systems-accounting-3766.html

Please click on the link above or copy and paste and summarize the main points in the article. Also, state whether this particular use of spreadsheets is a weakness or strength from an internal control standpoint.

© BrainMass Inc. brainmass.com March 22, 2019, 1:36 am ad1c9bdddf
https://brainmass.com/business/management-information-systems/use-information-systems-accounting-544470

Solution Preview

Discussion for your question:

Spreadsheets can be a strength or a weakness, but in itself, is neither. The predominant issue is the internal controls surrounding the use of spreadsheets. In the professional accounting field, spreadsheets are oftentimes used as a standalone tool or used as part of an accounting program. The internal controls would be stronger, on average, if the spreadsheet is part of an accounting program. The internal ...

Solution Summary

This solution summarizes the article from the link provided, and states whether this particular use of spreadsheets is a weakness or a strength from an internal control standpoint. A comprehensive discussion is provided.

$2.19