Select any Technology driven company, which has gonefrom very small scale to Large-scale organizationthrough...Select...

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Accounting

Select any Technology driven company, which has gonefrom very small scale to Large-scale organization
through Technology driven approach. Do some research on their pastand present business
processes, which have made a significant contribution in therevenue growth within their organisation?
Also discuss and make a list of benefits in using Technology drivenapproach.
1. Why do you think Technology plays an important rolein Accounting Professions?

2.How can use of Information systems eliminate the data errorpossibilities?

3. Why is it important in todays accounting profession to focus onpaper less work processes?

Support your answers with some existing practises in Accountingprofession.

Answer & Explanation Solved by verified expert

4.1 Ratings (600 Votes)

1 In the earlier times an accountant worked with paper and pencils to manually write down every transaction and record them in ledgers Now the times have changed Now an accountant spends his time putting information into a computer system It only takes a few clicks of a mouse and all the work is done Thus the accountancy profession owe this change in their working See Answer

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In: AccountingSelect any Technology driven company, which has gonefrom very small scale to Large-scale organizationthrough...Select any Technology driven company, which has gonefrom very small scale to Large-scale organizationthrough Technology driven approach. Do some research on their pastand present businessprocesses, which have made a significant contribution in therevenue growth within their organisation?Also discuss and make a list of benefits in using Technology drivenapproach.1. Why do you think Technology plays an important rolein Accounting Professions?2.How can use of Information systems eliminate the data errorpossibilities?3. Why is it important in todays accounting profession to focus onpaper less work processes?Support your answers with some existing practises in Accountingprofession.