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Technology In Accounting

Technology is on a fast track and progresses in some fields take place on a daily basis. This does not exclude the accounting sector, where things are not as simple as keeping books to show profit, loss and the balance in the bank. Financial accounting systems have evolved rapidly over the past decade as companies grapple with the challenges of compressed business cycles, rising customer demand and a globalized, expanding customer base. The accounting community is a highly competitive one and in combination with technology things are changing in a very fast pace.
The article "The Best of the Small Business Web" by Leigh Buchanan from Inc Magazine reveals the innovation that technology offers accountants by interviewing Paul Dunn, the founding chairman of Results Accountants' Systems (RAS). RAS offers an on-line community that attracts accountants by providing continuing education and support. Paul Dunn believes in expanding the conception that accountants have on......


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Approximate Word Count: 715
Approximate Pages: 3 (250 words per double-spaced page)

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