Effects of Technology for the Accounting Procedure

 Effects of Technology on the Accounting Process Essay

Technology is constantly raising and invades every aspect of someone's life. Accounting professions will be no exception and more so are troubled by the information systems that are used in the accounting discipline. This daily news will illustrate how data systems happen to be changing the different aspects of the accounting career and include an outline of a various new solutions and their results on accounting processes. Additionally , this newspaper will go over how these types of technologies have got changed how accounting is conducted within the insurance industry in Allstate and then a realization that recaps the major parts of the paper.

A shoebox filled with invoices, an Surpass spreadsheet, a Peachtree application suite, and other company built-in accounting applications are all examples of accounting details systems. Accounting professions not anymore have to use a paper and a dog pen to complete tedious measurements, but accounting information systems do not just apply to computerized programs that manages accounting information. As stated previously, a shoebox is such a system. Technology though has received a large effect on both the accounting professions and the accounting info systems that accountants work with.

PDA's, cellular phones, web conference meetings, internet, and many more technological advancements within the last few decades has allowed persons from almost all professions to be connected to clients, associates, and others in the busy world surrounding them. This technology has allowed for accounting professionals to work on clients data around the world in travel or from the comfort with their living space at home. Technology has increased the process of getting the needed details that a customer needs to produce their educated decisions. Net conferencing, similar to phone conference meetings allows users on both sides to see delivering presentations of the particular host is displaying.

Professions within the accounting industry have gotten both advantages and disadvantages to say in regard...

Sources: oomer, T. G. (2000, June). Give attention to productivity for a better returning ontechnology. Accounting Today, 14(10), 24-25. Recovered September 18, 2008, fromAccounting & Taxes Periodicals database. (Document ID: 55312533).

Ross, G. (1988, August). A tragedy Just Waiting to Happen. CA Magazine, 121(7), 28-32+.

Gathered September 13, 2008, coming from ABI/INFORM Global database. (Document ID: 248633).

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