The Effects of Technology within the Accounting Occupation
The Effects of Technology on the Accounting Profession
The adage, " Time is money” is never more accurate at any point of all time than it is today. To get the certified public accountant (CPA), the adage contains even more significance as the more time a CPA has to spend in a project, the much less valuable that project becomes. It also means less time to devote to the next project. Technology has assisted the CPA in numerous methods in recent years. Via accounting application to equipment with accounting applications, CPAs have a variety of new technology to help save money and time. In this paper, I will check out some of the systems available to Certified public accountants. Accounting technology is certainly not new, and has been a a part of calculating and tracking quantities throughout time. From Leonardo da Vinci who developed a device he labeled the " Gesetz Madrid” number machine to Blaise Pascal who invented the 1st early calculator to William Burroughs who have created the 1st adding machine, those who specialized in numbers have sought ways of making the tasks of their profession or perhaps hobby much easier. As time passed, more creations appeared to help accountants perform their particular expertise more accurately and more quickly. The first computer was built midway through the twentieth century. For the practically 50 years that followed, large computers designed to perform the straightforward task of calculating mathematical equations had been eventually scaled down to suit on top of workstations in consumers' homes and offices. The world of accounting went from physically inputting info into a journal to using electronic spreadsheets that taken away the need for ledgers, calculators, pencils, and adding machines. Out with the hardcopy and in with the software. A long time ago California-based Intuit designed a brand of accounting software called QuickBooks designed after the popular personal accounting manufacturer Quicken (Loter, 2009). From its launch the program has been extremely popular with...
Sources: DisplaySearch. com. (2011). Mini-Note PC (Netbook) Shipments Grow at 2 times the Rate of Notebook Computers in Q2'09. Retrieved May 16, 2011, from http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/090831_mini_note_pc_netbook_shipments_grow_at_twice_rate_notebook_pcs_q2_09.asp
Loter, D. (2009). History of QuickBooks. Retrieved May well 16, 2011, from http://business.intuit.com/directory/article-history-of-quickbooks