Computerized Accounting System Threats in Malaysian Public Services

3714 Words Aug 12th, 2013 15 Pages
Computerized Accounting System Threats in Malaysian Public Services

Mahlindayu binti Tarmidi1, Azwan Abdul Rashid2, Mohmad Sakarnor bin Deris3, Rusli Abdul Roni4

1Department of Accounting. College of Business Management and Accounting, Universiti Tenaga Nasional, Bandar Muadzam Shah. 26700 Pahang
4Deprtment of Business and Accounting, College of Foundation and General Studies, Universiti Tenaga Nasional, Bandar Muadzam Shah. 26700 Pahang


Abstract Numbers of incidents pertaining data errors, system breach, violation of internal control and manipulation of financial information had raised the organization attention and concern. Organizations are consequently more aware of the security and integrity issues in regards of the
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In 1992, the government introduced the Macro Accounting System (MAS), which was designed to facilitate the collection, processing and preparation of the cost information, prepare information on cost efficiently and in a more flexible manner, produce reliable cost information and contribute to the optimization of the use of resources [1]. In 2006, Government Financial Management and Accounting System (GFMAS) was introduced to the Accounting General Department (AGD) of Malaysia. GFMAS helps to smoothen the financial planning, budget control and Government accounts. It combines all the accounting functions such as payment, receipts, managing salaries, Government loans, Loans and Advances to public servants. The GFMAS can record a complete budget planning, flexible to cash and accrued account, and increase the security [2].

The development showed the vital role played by Computerized accounting system (CAS) in providing most appropriate and a clear picture of accounting information’s in a systematic manner. The presence of growing security threats has result in lack of confidentiality, integrity and availability of the information which affects the business activities of many organizations. Recently, CAS involves use of present technological advances. Besides make a revolution in traditional paper methods of accounting. But on the other hand, the rapid changes in technology

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