Effects of Technology on the Accounting Process

Technology is constantly increasing and invades every aspect of a psyche?s life. Accounting professions are no exception and tear down more so are affected by the culture systems that are used within the score field. This physical composition exit describe how reading systems are changing the various aspects of the accounting profession and include a description of a renewal of new technologies and their effects on accounting processes. In addition, this paper will discuss how these technologies hurl changed the way accounting is performed within the insurance industry at Allstate followed by a culture that recaps the major points of the paper.

A shoebox filled with receipts, an Excel spreadsheet, a Peachtree computer software suite, and other company integrated accounting programs are each(prenominal) examples of accounting information systems. Accounting professions no longer have to use a paper and a pen to manage tedious calculations, but accounting information systems do not only apply to computerized programs that manages accounting information. As stated previously, a shoebox is such a system. Technology though has had a prodigious impact on both the accounting professions and the accounting information systems that accountants use.

PDA?s, cell phones, web conferencing, internet, and many other proficient advances within the last few decades has allowed people from all professions to support connected to clients, associates, and others in the fast paced dry land around them. This engineering has allowed for accounting professionals to work on clients information around the world in travel or from the comfort of their living dwell at home. Technology has sped up the process of getting the compulsory information that a client needs to make their communicate decisions. Web conferencing, similar to phone conferencing allows users on both sides to understand presentations of what the host is displaying.

Professions within the accounting industry have had both positives and negatives...

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