Class 12 Accountancy – Computerized Accounting
Alternative CBSE 2026–27 Part B option
CBSE provides Computerized Accounting as an alternative to the Project Work route in the prescribed assessment structure. citeturn0search0
1. Meaning
Computerized accounting uses accounting software or computer-based systems to record, classify, process and report financial transactions.
2. Manual vs Computerized Accounting
| Manual | Computerized |
|---|---|
| Entries and calculations are performed manually. | Software processes entries and produces reports based on recorded data. |
| Higher repetitive effort. | Automation reduces repetitive calculations. |
| Physical ledgers are central. | Digital databases and reports are central. |
3. Basic Workflow
Create organisation → configure accounting settings → create ledgers → enter vouchers → post/process → generate reports → verify → backup.
4. Advantages
- Speed of processing
- Automated calculations
- Easy report generation
- Search and retrieval
- Better consistency when properly configured
5. Risks and Controls
- Unauthorised access → passwords and access controls
- Data loss → regular backups
- Incorrect master data → review and approval
- Fraudulent changes → audit trails and permissions
Practice
- Explain computerized accounting.
- Compare manual and computerized systems.
- Draw the accounting-system workflow.
- Explain four controls for protecting accounting data.