Accounting B Philosophy

An Information system, “is a man-made system that generally consist of an integrated set of computer-based components and manual components to collect, store, and manage data and to provide output information to users”. With that said we have to very understanding of the term human error and system failure. I am not saying that is the case here but it is something we all must be aware of when conducting an audit of any kind.
Accountant B Philosophy
According to Accounting Tools, “Inventory control is the processes employed to maximize a company's use of inventory... it is one of the chief concerns of businesses that have large inventory investments, such as retailers and distributors”. After reading the case numerous times, I can understand both sides of the discussion and why each individual had a different perspective on the way the inventory turned out. With that said I chose to agree with accountant B’s philosophy of the situation. I chose her view because she was more proactive on the situation by wanting to have errors of that nature avoided in the future. It was not about her role of checking the accuracy of the system, by doing an internal audit or the figures in the statement that shows how well the company is represented. it was about avoidance of future errors and risk reduction much earlier in the year unlike accountant A.
Diverse Opinions
Both accountants will have different opinions because of their position during the audit.
Accountant A was more concerned with his position of proving the accuracy of the figures in the financial statement and confirming that the organization was well represented by his firm, while accountant B was trying to find a
AccountingTools. (2011, February 8). Retrieved September 03, 2016, from http://www.accountingtools.com/questions-and-answers/what-is-inventory-control.html
Gelinas, U. J., Dull, R. B., & Wheeler, P. R. (2015). Accounting information systems. Cengage