The Impact Of Computer Technology On Accounting System And Its Effect On Employment

  CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof (Conn, 1978). Accounting can also be referred to as an information system that measures, processes and communicates financial information about an economic entity (Wikipedia, 2013). Advancements in computer technology have dramatically improved accounting systems and transformed economic life. Computers and…