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Computerisation of accounting data on one hand stores voluminous data in a systematic and organized manner where as on the other hand suffers from threats of vulnerability and manipulations. Discuss the security measures you would like to employ for securing the data from such threats.

Answer»

Every accounting software ensures data security, safety and confidentiality. 

Therefore every, software should provide for the following:

  • Password Security: Password is a mechanism, which enables a user to access a system including data. The system facilitates defining the user rights according to organisation policy. Consequently, a person in an organization may be given access to a particular set of a data while he may be denied access to another set of data.
  • Data Audit: This feature enables one to know as to who and what changes have been made in the original data thereby helping and fixing the responsibility of the person who has manipulated the data and also ensures data integrity. Basically, this feature is similar to Audit Trail.
  • Data Vault: Software provides additional security through data encryption


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