Sample Essay on:
THE IMPACT OF TECHNOLOGY ON ACCOUNTING AND AUDITING

Here is the synopsis of our sample research paper on THE IMPACT OF TECHNOLOGY ON ACCOUNTING AND AUDITING. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

This 8-page paper examines how technology has impacted both accounting and auditing, and also discusses future impact IT and other technologies might have on the field. Bibliography lists 7 sources.

Page Count:

8 pages (~225 words per page)

File: D0_MTtecacau.rtf

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Unformatted sample text from the term paper:

glasses and a green eyeshade, sitting slumped down over a desk piled with papers, frantically punching numbers into an adding machine and jotting the results down on accounting paper fastened into ledgers. Accountants were basically thought of as "numbers crunchers," glorified bookkeepers who had a main goal of keeping balance sheets straight and making sure mistakes didnt creep into the profit and loss statements. Times have changed, however, and while bookkeepers do exist, the eyeshades and adding machines have been replaced by calculators, computer software and even the Internet to help keep numbers straight and balance sheets accurate. Its safe to say that in wake of such technology, the impact on the accounting and auditing professions has been enormous. Because software now calculates most of the numbers, accountants no longer simply crunch the numbers; many can determine specifically what those numbers might signify to a particular company in terms of financial health. Technology has also helped expand the profession in ways that early accountants never could have believed. But has this change all been good, or has it taken the heart out of accounting and its meaning for being? Technology, plus the growth of international business, have had a huge impact on this industry, and in this paper, well examine how, exactly, technology and IT has changed the industry around. Some Impacts Ciccotello et al (2003) probably say it best when they claim that "technology is a great equalizer (p. 905). They point out, for example, that an individual doesnt need a Certified Public Accountant (CPA) because TurboTax is available (Ciccotello et al, 2003). This is because technology and the cyber-economy mean ...

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