The future trend of LAN-based accounting and its critical success factors

• Main Authors: Liaw, Chun Huan, Cheong, Eddy Jee Meng, Lim, Judy Hui Ling
• Other Authors: Kenny Lee
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business::Information technology
• Online Access: http://hdl.handle.net/10356/63992
• Institution: Nanyang Technological University

LAN technology has made a triumphant entrance to the computing world in the 1970s and the commercial market has also testified to the quick adoption of this revolutionary discovery. The available literature that we have explored was far from sporadic, indicating a perennial interest in this technology that was not petered out through the passage of time. And it is with this endearing market response that our group is interested to find out about the future direction of LAN and whether it prescribes a new era of computerized accounting in the years to come. With the advantages that LAN has over the other alternative computer architectures, it seems likely that the business world will embrace it as their future computing platform for accounting applications. And along with a progressive inclination towards Electronic Data Interchange (EDI), downsizing and the development of the present generation of LAN based accounting software programs, it may be indicative of a likely trend towards LAN for the accounting profession. Finally a Critical Success Factors (CSFs) framework for a future LAN based accounting system is also presented, to enable the reader to understand the essential issues facing a successful LAN installation. Two case studies are also presented in support of this framework.