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Unformatted text preview: simple to convert these programs. The IT department would have to overhaul the whole system. An Accounting Information System gives more information than any over the counter accounting program. They way the programs handle account receivable is another issue that would have to be worked out. The program would have to be able to determine which method of payment was used and how that would relate to an event. Converting to a REA data model would have many benefits to a company depending on what the company produces and its growth potential. It would not be feasible to recreate a system if the company would not be expanding because it was a family owner business. A company would have to evaluate whether to attack all of the difficulties that would be involved in switching systems. Reference: Romney, M. B., & Steinbart, P. J. (2009). Accounting Information System 11th ED. Upper Saddle River, New Jersey: Pearson Prentice Hall....
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- Spring '11
- Accounting, Rea, Computer program, Pearson PLC, Accounting software