How has technology changed accounting and the accounting profession over the centuries? How has it changed fraud?© BrainMass Inc. brainmass.com June 4, 2020, 2:18 am ad1c9bdddf
Technology has had major impacts on the accounting profession over the years, from the simplest to the most complex operations. Before the advent of technology, accountants spent literally hours, days, weeks and entire months preparing written ledgers, and manually compiling all of the information necessary to prepare the company's internal and external reports, including their income statements. When technology advanced, we now had computers, and a bit later, accounting software designed to cut the time down that an accountant spends to a fraction of what it was before the technology was discovered. Along with the technology, as the years passed, came even more sophisticated ...
How has technology changed accounting and the accounting profession over the centuries is determined. How has it changed fraud is given by the expert.