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• 1. AN ASSESSMENT OF INTERNAL CONTROL SYSTEM IN A COMPUTERIZED ACCOUNTING ENVIRONMEN...

  » CHAPTER ONE INTRODUCTION 1.1      Background of the study According to Fadzil et al (2005), the technology revolution in accounting and auditing began in the summer of 1954 with the first operational business computer. General electric is attributed with the first operational electric accounting system, a UNIVAC computer, in the summer of 1954.   Hunton and Wright (2009) concur that Informa...Continue Reading »

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