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I need to know if effective accounting system largely depends on knowledge,skills and experience of accounting personnel
From Tanzania, Dar Es Salaam
Yes.A good system alone will not help in accounting line.Need to have good personnel. sundaramr
From India, Madras
Subject - Accounting System
Hi! Yes, in order for an accounting system to be truly effective, it would need to have personnel that are knowledgeable and skillful in accounting. They need not necessarily be well-experienced but that would be also a big help if they are. If your accounting staff do not have accounting background, all they would be are just encoders and that would only be effective if all of your accounts are redundant. Accounts need to be properly classified so that your financial statements would be reflective of your business operations, and correct classification of accounts is a task that needs those with accounting skills and knowledge.

From India, Calcutta
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