FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -The accountants play an important role in developing and evaluating the standards of control and security of the accounting system since they work closely with the designers of the system. Such matter allows to ensure that the standards of the control and security are appropriate and sufficient.

Detailed explanation-2: -Accountants and auditors prepare and examine financial records, identify potential areas of opportunity and risk, and provide solutions for businesses and individuals. They ensure that financial records are accurate, that financial and data risks are evaluated, and that taxes are paid properly.

Detailed explanation-3: -Auditors can assist organizations by reviewing the systems development process to ensure that developed systems comply with the organization’s strategy and standards.

Detailed explanation-4: -Managerial accountant-The managerial accountant is usually involved in the analysis phase as designers assess their needs as users. The project development team may also ask the accountant to help with an economic feasibility analysis.