The Impact Of Erp Accounting

Name Institution Course Topic The impact of ERP on cost accounting and management reporting Instructors name Date Abstract The research is undertaken with the objective of analyzing the impact of ERP systems of doing things in realizing cost accounting and management reporting in business entity. Basically the research aims at finding out the benefits of taking into account ERP on cost accounting and management reporting in managerial field procedures. A qualitative case study technique was used for data collection with the aim of getting the information of the subject in research. The main findings of study accrue to improvements of cost accounting, managerial reporting, accurate financial statements, and improvement in employee supervision and administration. EPR system is a combined set of programs that carries the responsibility of giving insights of the main functions of the business entity (Booth, Matolcsy Wieder, 2000). EPR is the skeleton in a business entity bestowed with confidence in the manner in which it fosters realism in business. EPR sets platform for wise and constructive utilization of companies critical activities such as supply-chain management, financial and accounting applications, human resource management, and customer relations management. EPR is all that has to do with information collection, storage,