Assignment from the Reading Case Analyses (The Dinteman Company) The Dinteman Company The Dinteman Company is an industrial machinery and equipment manufacturer with several production departments. The company employs automated and heavy equipment in its production departments. Consequently‚ Dinteman has a large repair and maintenance department
Premium Cost accounting Costs Cost
Effects of Technology on the Accounting Profession Effects of Technology on the Accounting Profession University of Phoenix ACC/340 Accounting Information Systems Effects of Technology on the Accounting Profession Businesses have become more competitive‚ consumers are more informed‚ and technology has changed the way the world communicates. Information technology (IT) and the resulting ‘information age’ are continuously impacting every facet of accounting. (Bagranoff‚ Simkin‚ & Strand-Norman
Premium Balanced scorecard Accounting software Strategic management
Effects of Technology on the Accounting Profession Alonzo White ACC/340 August 14‚ 2011 Jennifer Coleman Question: Describe how information systems are changing the various aspects of the accounting profession. Include a description of a variety of new technologies and their effects on accounting processes. In addition‚ discuss how these technologies have changed the way accounting is performed at your organization or an organization of your choosing. Answer: New technology in information
Premium Information systems Internal control Accountant
Accounting is the way we identify‚ record and communicate financial transactions in an organization‚ and how that financial information is processed has essentially remained the same for hundreds of years. However‚ with the arrival of the computer‚ we have seen the structures and operations of many companies‚ and even entire industries‚ become transformed by new technologies with the modern information technology system. Information Technology and mercantilism have literally become entwined‚ and
Free Technology Information technology Accountant
for you will depend upon your career goals. Earning one of the accounting-related professional certifications is no easy task; however‚ earning and maintaining your certification can increase your chances for advancement and promotion‚ enhance your reputation among colleagues and within the profession‚ and result in salaries that are higher than your non-certified peers as long as you remain ethical. The Profession of Accounting When most people go to college they think of what major would
Premium Certified Public Accountant
Accounting Professions Report In the field of accounting‚ there are three main professions that are highly in demand. The professions are 1) Chartered Accountants (CA) 2) Certified General Accountants (CGA) 3) Certified Management Accountants (CMA) Each of these professions requires special practice sessions‚ education‚ training‚ and loads of experience. Nationally and internationally these jobs are highly in demand for its standards and for its stature. Overall‚ this report will inform
Premium Accountant Accountancy Profession
information systems have bought significant changes in accounting profession‚ practices and processes. It has not only increased the efficiency and accuracy in accounting and has speed up the process for cumbersome and long accounting tasks‚ but also improved security of accounting data and increased transparency. Large organizations and multinationals are making increasing use of new information systems and technologies to carry out their accounting tasks on global basis. These information systems has
Premium Accountant Accountancy Information systems
decision which answers why I want to become a CPA and how I can become a CPA. “Never call an accountant a credit to his profession; a good accountant is a debit to his profession” (Charles Lyell). Accountancy is one of the most respected careers and CAP’s are considered as one of the highest paid professionals. It is not just the income which attracts people towards this profession‚ but also the respect attached to it. Certified Public Accountant (CPA) is the statutory title of qualified accountants
Premium Certified Public Accountant Accountant
IMPACT OF TECHNOLOGY ON THE ACCOUNTING PROFESSION - A STUDY OF A CPA FIRM’S DISASTER RECOVERY PLANNING Stanley X. Lewis‚ Jr.‚ Troy University Eddy J. Burks‚ Troy University Ernest W. King‚ University of Southern Mississippi Carl Smolinski‚ LSU-Shreveport ABSTRACT The results of an ongoing study of professional accounting firms in the U. S existing research methodology and results included in the 2006 IRMA International Conference reporting the strategic planning by a law firm pertaining to its disaster
Premium Hurricane Katrina Backup Disaster recovery
Introduction Thirty years ago‚ most financial accounting was done manually‚ leading to a great deal of paperwork. Currently‚ most accounting information is recorded via computers and wide area networks (Journal of Accountancy‚ 1994a). Technology has certainly changed the face of accounting over the years. While it is unclear whether technology’s impact on accounting has been positive or negative‚ it is clear that technology has drastically changed the accounting profession. Often a technological advance may
Premium Accountancy Accountant Computer