This literature review examines the use of accounting software packages in Australian organizations, focusing on Macquarie Group as a case study. It investigates the organizational structure, potential operational problems, and the most likely system acquisition method, which is identified as ERP. A flowchart of sales procedures is presented, along with potential fraud risks within the system. The review also explores the development and adoption of accounting software packages, the current market size, competitive advantages, and challenges encountered by users. MYOB accounting software is highlighted as a trending software in Australia. The report concludes that organizations can enhance performance by implementing technology and leveraging innovative services, while addressing security concerns and providing adequate training for users. Desklib provides access to similar documents and study resources for students.