Currently on the IT and business market there is a high competition of Information Accounting Systems. Due to this fact business organizations have the major problem with selecting the right products. There are two variants of such a selection:* acquisition of a new system, * replacement of old environment. The authors of the paper try to analyze mentioned variants in the area of ownership, functionality of system which is more described in point 2 as well as flexibility of system that is presented in details in point 3.
Audit performed by a chartered financial auditor is an important element of information accounting reporting process executed in mid and large cap. Due to the complexity and high risk of damage the mentioned element should be supported by the right set of IT tools. The authors of the paper try to concentrate on Information Accounting System func-tionalities (e.g. available business processes, tools, dedicated procedures) that are performed in audit works.
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