The Effects Of Technology On The Accounting Profession

720 words - 3 pages

The Effects of Technology on the Accounting Profession
In today’s business society, the accounting technology whether it be software or hardware is a vital part of just about every major business. Many people overlook the importance of the role of accounting technology in business and in the accounting profession. The fact is technology such as accounting information systems can make or break a business.
Utilization of Information Technology in the Retail Businesses (Wal-Mart)
To succeed in the rapidly evolving business environment we face today, businesses rely heavily on accounting technology to track information about their customers and inventory (Lazerus, 2010). Wal-Mart and other ...view middle of the document...

The majority of organizations today have accounting information systems that handle tasks that were done manually in the past. This effects the accounting profession because others are able to perform tasks that only accounting professionals performed in the past. With the development accounting information systems managers have inherited the task of learning and training their employees what they learn. For example, in a retail store accounting systems are used to order, locate and organize inventory so supervisors are tasked with learning and training employees to perform these tasks. Because employees and managers can now perform such tasks easily it has limited the jobs that accounting professionals had cornered as theirs in the past. Because of accounting systems managers have also inherited the task of learning how to perform minor troubleshooting of their systems and to train others to perform the task. Accounting systems demand more with regard to computer literacy but provides significant advantages such as helping organizations to handle more tasks in a timely and efficient manner. Accounting software is an important part of information technology, which relates to computer applications that enable a company to generate, store, program, and retrieve data as and when needed (Rampur, 2011). An example is an employee using an accounting...

Find Another Essay On The Effects of Technology on the Accounting Profession

effects of technology on the society

819 words - 4 pages The continuous technological advancements in the world have had both positive and negative impacts on society. The advancement rates of improvements through numerous innovations in technological ideologies increases each day. Although technological innovations have resulted in easier methods of undertaking different duties, the different methodologies that have been adapted have generally led to both the positive and negative effects on the

The Side Effects of Technology on Children

1585 words - 7 pages George. To sum it up, Ray Bradbury conveys the theme that excessive technology corrupts children in his short story “The Veldt” through the usage of setting, characterization, and foreshadowing. Ray Bradbury believed that technology has negative effects on children, as it robs them of their innocence. As if stealing innocence from kids does not cause enough damage to begin with, it also harms the children’s family and the relationships that exist

The Effects of Technology on Society

1733 words - 7 pages Today we swim in a sea of ever-changing technology that affects us as much as our thoughts and actions shape it. The technology we have chosen, either by the preferences of those who use it, or the agendas of those who own and benefit from it, has had its own influence on us from gross examples such as increased pollution, or a higher Western-style standard of living, to the way one person perceives another. Some people who resist

The Effects of Technology on School Performance

713 words - 3 pages do it in moderation, and understand your other responsibilities. A reason people say technology can have a higher positive effect on students more than ever is that more and more educational resources are becoming available for students and teachers. Instead of having technology available for school work, and then for entertainment, you could have both. A good example of this is the “EDU” series of games that have come out in the last two years

Effects of Technology on the world

992 words - 4 pages Shaping the worldIn today's society technology has become more and more necessary to accomplish certain tasks. These tasks can range from typing on essay to creating a network for a large firm. In the Informational Systems field technology especially informational technology has become the main focus of that field. Without IT, IS would not even be a field since IS revolves around using IT in the business world. Another field that has been

The Effects of Technology on Teenager's Communication

1876 words - 8 pages The Effects of Technology on Communication in Teenagers Discussion of the use of mobile phone and its impact on teenagers’ ability to communicate is no longer a new topic and is widespread among communication and sociology scholars. There are ongoing debates arguing whether does technology make for better communication or the other way round. It is undeniable to say that technology is a massive aid to communication but it is also impossible to

The Rhetorical Analysis of Writing in the Accounting Profession

1876 words - 8 pages writing, and concluding statements. The introduction talks about the accounting profession in general and transitions the reader into the first topic, formatting in writing. Each of the ensuing paragraphs executes the same techniques, in terms of transitioning into the following topics. The goal is to intertwine discussions on the similarities of writing styles within a number of sources that relate to the accounting profession. The way this is

Technology in The Nursing Profession

2033 words - 8 pages to the patients. This care and support from the Nurses will improve the feelings of patient’s homesickness. Most Nurses are very passionate in using the technology for it provides them conciseness and less work. Since everyone is experiencing the so - called recession in society nowadays, it does not only affect one’s economy but also the healthcare field as well. On the other hand: According to a report released by the American Health Care

The Effects of Technology

705 words - 3 pages Internet has changed the way we work as a whole. The Internet is truly one of the greatest forms of modern technology that has had one of the largest effects on this country.ReferencesThe webulous co. (n.d.). Internet benefits. Retrieved December 24, 2008, from guide to the Internet. (November, 1997). Archive information benefits ofgetting on the information super highways. December 24, 2008, from

Gender Inequality in the Accounting Profession

2344 words - 9 pages internationally. A report done by regional accounting firm Grant Thornton found that stock price increases are more likely to happen when there are women on senior management teams. Another report found that businesses with more women on their executive boards significantly outperformed their competitors in terms of both sales and returns on invested capital and equity. (“Diversity in the Accounting Profession”) There is research that suggests a

The Effects of the Technology Bubble on Modern Children

1233 words - 5 pages Nowadays, people are becoming more reliant on technology through pictures along with social media to communicate, and this luxury has spoiled as well as desensitized their lives and minds, all the while diminishing the social skills of this generation’s youth and adults. Technology is advancing at an astounding rate, through which we have seen more advancements in the past decade than our parents have seen in their life time. There are numerous

Similar Essays

The Effects Of Technology On The Accounting Field

1249 words - 5 pages Technology in the accounting field has come very far, from the abacus to modern day accounting software. E-Business, work being done through networks, is taking the accounting field to a more future computerized world, leaving the pen and paper behind. With all the new technologies, the profession of accounting is growing and expanding and proving that information and skills provided by accountants using modern technologies can spill over and

The Effects Of Technology On Students

869 words - 3 pages The Effects of Technology on Students Change is constant. Though one may not be able to see the change, one can look back through the course of a year or maybe even a few months and see the change. Technology has transformed with our culture. There are many benefits for students with the new advancements of technology. Teachers have seen many of these benefits with the influence of technology on their students. Many students find

“The Effects Of Technology On Teens”

1229 words - 5 pages the bad effects of technology brought upon students such as a bad work habit, lack of focus, or to rely on the technology fully. There are also many good benefits that come with technology, such as furthering their studies, understanding, and even an easy way to communicate to get help. Technology can very easily become an addictive substance (Page). Students might use it as an escape from their problems when really the technology is only

The Effects Of Technology On Education

801 words - 4 pages numerous effects on education. The first effect technology has had on education is the ability for students to learn outside the classroom. By means of technology, a student no longer has to rely on the presence of his or her teacher for learning. Students have the ability to use apps for learning. Whenever a person needs to know something, he or she will often turn to an app for assistance. Popular learning apps include apps that teach