The features of the computerised Accounting are:
(a) It deals with transactions which are of financial nature and can be expressed interms of money.
(b) It deals with transactions, information to customers, share holders, statutory authorities and manager.
(c) It is simple and well structured accounting system based on accounting principles and procedures.
(d) It is used to prepare financial statements, budgets and forecasts.
(e) The source of data is mainly internal to the enterprise and data bases one well defined, integrated anti controlled.
(f) It is subject to greater risk of security and more prone to unauthorised access and computer crimes.
