Discuss how you view the use of emerging accounting technology in an accounting career.

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Accounting

Discuss how you view the use of emerging accountingtechnology in an accounting career.

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Answer In my Point of views uses of emerging accounting technology can be described as under Accountants need to keep up to date with technological advances in order to respond to market conditions and clients needs Technological innovation has led the way in how accounting is done nowadays Digital resources and online tools improve productivity and organisation Manual accounting has virtually disappeared and has been replaced by electronic accounting This has not only reduced errors but provided at the same time better and more accurate reporting amongst other advantages It is therefore imperative that accountants keep aware of the latest technological advances and use them to drive business Here are advantages of online accounting Virtual storage of documents Keeping paper records is an expensive and timeconsuming task Few would argue otherwise And there are other issues to consider such as physical space Digitising documents has gradually been replacing physical storage Speed of access is one such benefit but there are many more particularly through the See Answer

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