Effects Of Technology On The Accounting Profession

Running head : TECHNOLOGY AND ACCOUNTINGTechnology and Accounting[Name of student][Institutional information]TECHNOLOGY AND ACCOUNTINGContemporary information systems ar changing the various aspects of the accounting business . Technology now provides authority for accountants to easily complete their tasks more(prenominal) efficiently and productively . On a corporate level , technology gives large offices the efficacy to streamline their records regardless of size or volume since databases are now kept in digital format . As a response to the changes brought by technology , the accounting art has developed and used more late ways to coming back the modern threats to accounting records as well as to sustain certain risks involved in adopting these modern tools .

While modern technology has greatly revolutionized the accounting profession the fact form that the traditional accounting principles are still observed at present (Orlikowski , 2003Some of the most common technological tools used in the profession are several types of computer software that allow the digital input of accounting records as well as the digital storage of the s . The most typical example is Microsoft travel by which aids in the encoding of spreadsheets through the use of a computer workstation . The software has many features that provide a pattern of advantages for the accountant such as ease in cypher long entries as well as effortlessness in safekeeping a digital of accounting records that can be transferred from mavin computer to another . As a result , accounting tasks are completed faster and s are stored and transferred more efficiently compared to the traditional...If you want to get a full essay, post it on our website: Ordercustompaper.com

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