Topic: Computerized Versus Manual Accounting Systems Question: Recently, a new student of accounting was overheard making the following remarks: "Why are we learning how to use the double-entry system of recording in the accounting cycle? Surely there are good computer packages available these days which can handle all of these details." Required: Write an essay addressing the following: a) Discuss at least 5 advantages provided by computer packages in the field of accounting. Give examples wherever applicable. b) Given the benefits provided by computerized systems, critique whether it is still necessary to learn manual double-entry accounting systems. State reasons to support your answer. Marking Criteria: - Introduction (2-3 sentences) - 2 marks - Body (3-5 paragraphs): o Part a - 5 advantages with an illustration each - 10 marks o Part b - well performed critique with at least 3 points with supporting reasons. - 6 marks - Conclusion (2-3 sentences) - 2 marks Specific Instructions: - Avoid plagiarism, especially copying and pasting from the internet without rephrasing and acknowledging the source (referencing). - Stick to the word limit of 500-700 words