Accounting Profession Technology

What is described as a progressive surge of technological innovation is in the process of transforming the profession of accounting. Unfortunately, many professional accountants have yet to recognize the significance of technical innovation to the profession. Technological innovation, however, is one of the principal phenomena that will change the profession to a significant extent by the year 2000. Those accountants who choose not to integrate technological innovation into their practices inevitably will be left by the wayside. This research examines some of the more significant changes that technological is either in the process of introducing or is expected to introduce into the accounting profession by the year 2000.

A major technological innovation that is beginning to affect the way in which accounting is practiced is electronic data interchange (EDI). EDI lowers substantially the cost and time associated with the transfer of information between professional accountants and clients. In some companies, EDI is expected to reduce the role of the internal accounting function by transferring functions to certified public accounting (CPA) firms. Data communication networks (discussed in a later section of this research) are essential to the success of the application of EDI technology. Some managerial decisions related to the use of EDI will also

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programmer "has in mind a systematic correspondence by which the contents of certain storage cells represent objects and relationships within the subject domain." Research in artificial intelligence has "emphasized the problem of representation. In artificial intelligence programs, there is a more complex correspondence between what is to be represented and the corresponding form in the machine." Generally, artificial intelligence researchers set up correspondences between formulas and the objects being represented "in such a way that the operations achieve the desired veridicality." The assumptions that underlie this approach are as follows: 1. There is a structure of formal symbols that can be manipulated according to a precisely defines and wellunderstood system of rules. Regardless of the field of information science in which developments occur, a common language exists. 2. There is a mapping through which the relevant properties of the domain can be represented as symbol structures. This mapping is systematic in that a community of computer software programmers can agree as to what a given structure represents. 3. There are operations that manipulate the symbols in such a way as to produce veridical results to d
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Some common words found in the essay are:
EDI EDI, LAN LAN, Programming Object, Data Security, Microsoft Windows, PROFESSION TECHNOLOGY, Reality Virtual, Education Technological, Network Technology, Heavy LAN, outsourcing strategy, information management, public accounting, information technology, public accounting firms, accounting firms, information technology management, technology management, practice accounting, microsoft windows, technological innovation, contractingout services, microsoft windows applications, information management function, outsourcing strategy information,
Approximate Word count = 3675
Approximate Pages = 15 (250 words per page)