Accounting Information Systems -
In reading Appendix A of this chapter, you may have been struck by the fact that many governmental accounting informa-tion (GAI) software systems appear to be incapable of handling the full report-ing requirements of a governmental entity. A 2006 Market Research Report published by the Government Finance Officers Association (GFOA) titled "Budgeting Technology Solutions" categorized available software into three types: Excel Add-on, Corporate Performance Management (CPM) Systems, and Relational Systems. Write a two- to three-page paper discussing the current sta-tus of governmental accounting information (GAI) software. Describe the three types of software identified in the GFOA report. What (if any) progress has been made since the GFOA's 2006 report? Have additional types of software been identified and/or developed? What does the future hold for GAI software?