AccountingCode 7707

Technology and sustainability

What this topic asks you to be able to do

  • digital applications being used to maintain either the entire set or just a portion of the accounting records
  • the requirement that accounting data be stored safely and sustainably
  • the risks that come about when accounting data is not stored safely and sustainably
  • the range of ways accounting information can be kept, namely manual, data storage devices, cloud services, other digital services
  • the advantages and disadvantages associated with the various kinds of storage system