Explain why the Systems Development Life Cycle is of interest to accountants. What is the accountant's role in the Systems Development Life Cycle?
The information system requires a significant investment of both financial and human resources. Accountants are concerned with the integrity of this process as they are with any manufacturing process that has financial resource implications. Also, the quality of accounting information systems rests directly on the SDLC activities that produce them. The accountant's responsibility is to ensure that the systems apply proper accounting conventions and rules and possess adequate controls.
Accountants have three roles in the Systems Development Life Cycle. Accountants are users of the information system and as such must be able to communicate their needs to the systems designers. These needs include audit trail requirements, depreciation models, and other accounting techniques. Accountants are members of the SDLC development team and are expected to provide information about the requirements of the system including security needs. Finally, accountants are auditors of the information system and determine what audit features should be designed into the system.
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