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Essay Details:
Essay text:
The internal controls are the
checks that are placed in the system my the company's own management and
directors. Today more and more companies are moving from the manual accounting
systems to computerized accounting information systems. The advantages of a
computerized system are increases in the speed and accuracy of processing
accounting information. However, as systems become computerized, the internal
controls for that system has to be adapted accordingly. This is because
computerized systems bring with them certain unique problems that can only be
removed or minimized by adapting the present controls and adding new controls...
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