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The public accounting profession

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The public accounting profession

The public accounting profession is quite competitive and it is through the effective use of technology that one can maintain a competitive edge. For example, an auditor can usually complete an audit engagement in less time--and be surer of his/her findings--than he/she would be without using technology in his/her audit. This will permit the auditor to charge less for his/her work and to obtain more clients. And, if his/her findings can be supported, he/she will be less likely to experience legal ramifications (from the SEC, from stockholders, and so on).
• Discuss some other changes you think will occur in the way financial information is gathered, processed, and communicated as a result of increasingly sophisticated IT.
• Discuss several career opportunities available to students who combine a study of accounting with course work in AISs, information systems, and/or computer science. Can you think of other jobs where these skill sets would be desirable?
• "When we computerize an AIS, we merely change how the data is processed; we don't change what tasks are performed." Do you agree? Give examples to support your position.

Written in APA format. 1 - 2 pages in length with references

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The review into accounting practices that reflect ethical standards and knowledge into IT management technology to increase tasks proficiency.

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• Discuss some other changes you think will occur in the way financial information is gathered, processed, and communicated as a result of increasingly sophisticated IT.

Try and think of the quality control and security clearance to certain personnel authorized in accurate financial data reporting. The IT systems today can assists large or smaller organization seeking accountability in filing data information to reflect either a profitable company or non-profitable organization. Thus, the changes in technology should reflect in final write up on a basis of processing employees work files with quality controls that can as well as determining errors or fraudulent activity. Focus on the internal database systems requesting logins and processes tasks ...

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  • MBA, American Intercontinental University
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