Technological change in the accounting field
Technology has contributed to the drastic change in the accounting field. Computer, phones, tablets etc. have changed the nature of accounting. They turned it into a fast- paced and dynamic profession. A lot of it is trying to automate the basic accounting activity, forcing accountants to revaluate how to provide value to clients. Today’s accountant has become a business consultant rather than a mathematical tool. The stereotypical “task-oriented” accountant is as outdated as the “shoebox full of...