Accounting And Modern Technology Dubai Assignment

1918 words - 8 pages

Accounting is the system, a connection uses to measure its budgetary execution by watching and portraying each one of the trades like strategies, purchases, assets, and liabilities in such manner with standardized accounting rules. It evaluates a Company's past performance, current stability, and future forecast. A more proper criticalness of bookkeeping is the forte of recording, depicting, and hardening essentially and to the degree money, trades and events which are, to some degree in any occasion, of a cash related character and deciphering the results thereof. Prompts in information progress (IT) have changed diverse relationship in master affiliations business wanders, however perhaps none as much as those with everything considered general populace accounting industry. Once a moderate paced and preservationist industry, open accounting experienced huge changes at the turn of the thousand years, began, in light of current circumstances, by the smart changes in its if environment. Survey programming and learning sharing applications are two vital territories of these improvements. Automation of study assignments and use of specific survey programming has substituted IT for work and changed the structure of audit social affairs. Moreover urgent is the usage of forefront structures to share learning.

Like nearly all other industries; accounting have known a complete change thanks to technological advancements which made the accountants work a lot more easy and efficient, and the clients a lot more satisfied. Nowadays with the internet mobile access for example an accountant can access his data and his work from anywhere and at anytime, and this facilitate his duty a lot. In addition to that in the sector of accounting the days of boxes full of clients paper are gone, now everything is digitalized, that means that you can access all your data easily, quickly, and from anywhere and anytime. We can state also the use of some applications that makes the work more easy such as Skype; now meetings can be held on skype for example, so no need for you to travel and waste time and money, staying in the same category I will site also LinkdIn, this application has made recruitment more easy and efficient for accountant. Now I will site the technological advancement in accounting; lets go back a little bit in the past with the first invention that marked and changed the way accountant work today which is the calculator; the calculator had facilitated a lot of calculation, what had used to took accountant days to calculate is now possible in few minutes or even hours with the calculator. After that and with the advancement of technology I can site for example Microsoft Excel a clerk now had an electronic spreadsheet. The necessity for adding machines, calculators, records and pencils was shed. The occupation ended up being less dull with to a lesser degree an edge for misstep. The inside planning for accountants, which joined the vital...

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