The Effect of Technology on the Accounting Profession

Today more and more companies are moving from the manual accounting systems to computerized accounting information systems. By using different technology, we can increases the speed and accuracy of processing accounting information, reduce the time spent on low- to non-value-added activities across the organization, as well as enhance the organization's ability to make profit-enhancing decisions.
As information technology becomes more ubiquitous in business activities, it has changed the way we process accounting information and prepare financial statements.
Let's use financial planning as…