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CBU Case Study Accounting today is much more complex and difficult to understand than it has been in the past. Due to the increasing complexity Accounting Information Systems have been created to alleviate some of the pressures facing accountants. According to Frederick Jones and Dasaratha Rama (2006), Enterprise Resource Planning (ERP) systems are moving businesses from the functional approach to an integrated approach for managing transactions (p.684). Having knowledge and experience with the technological advances will help the accountant become more successful. Companies, such as CBU from the case study, must be able to effectively use technology to their advantage if they want to be successful in the future. The accounting staff of CBU must be able to develop more timely and effective system controls for future financial statement purposes and inventory audits.
Diverse Opinions Accountants often have different views when it comes to using technology in accounting and the methods that are used in the process of preparing financial statements. Some accountants are less willing to change the way they conduct their accounting processes because they have always completed tasks in a similar manner and it worked for them. Accountant A, in this case, would be the accountant that is not as willing to embrace the technological advances that are available in the accounting field and use those advances to his advantage. Accountant B, on the other hand, would rather develop and maintain a system that provides a timely and accurate inventory for the company. Accountant A is pleased with how the audit of the inventory turned out, while Accountant B was quite displeased with the findings. Accountant A is happy with how the audit turned out because it shows that the way he does his job still works. He does not seem to worry about the decisions the company has made due to the error in the computer system. Accountant B is unhappy with the findings because she realizes



References: Beard, Deborah & Wen (2007). Reducing the Threat Levels for Accounting Information Systems. The CPA Journal Online. Retrieved from http://www.nysscpa.org/cpajournal/2007/507/essentials/p34.htm Jones, Frederick & Rama (2006). Accounting Information Systems: A Business Process Approach (2nd ed.). Mason, OH: Thomson South-Western

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