1.   In principle, the new software should make the accounting system a lot simpler.

2.   Our new accounting system works like a charm.

3.   This so-called accounting system is positively medieval.

4.   Yet these accounting systems were used to determine all public policy.

5.   The entries are periodically posted to accounts held in ledgers, usually in an integrated accounting system which is the responsibility of the accounts department.

6.   An accounting system is a formal means of gathering and communicating financial data.

7.   What are the major determinants of a useful accounting system?

8.   What useful management information is available from the accounting system from which the annual accounts are produced?