Are the principles of accounting in manual accounting different from those in a computerized accounting system?

The principles of accounting remain fundamentally the same regardless of whether a system is manual or computerized. These principles include concepts such as double-entry bookkeeping, the accrual basis of accounting, and the matching principle, among others. The essence of accounting relies on the accurate recording, classification, and reporting of financial transactions, which does not change with the system used for these processes.

In a manual accounting system, transactions are recorded by hand, often in physical ledgers and journals, while a computerized accounting system utilizes software to automate these processes. Despite the differences in tools and methods, both systems adhere to the same accounting principles to ensure consistency, reliability, and comparability in financial reporting. Thus, the answer indicating that the principles are the same in both systems is accurate.