The Evolution of Technology in Accounting: Efficiency, Security,

School: Keiser University - Course: ACCOUNTING ACG3073 - Subject: Accounting

In today's world, technology is present in all spheres of life. Being present facilitates the work that makes us more efficient. In the accounting area it is the same. We managed to be more functional in a shorter period of time. It also helps us when making decisions, for example, by not having to spend time reviewing physical files, problems can be resolved more quickly. Also, when the documents are stored in a cloud, there is more security and only the desired personnel will have access to them. Finally, we must make it accessible if an international transaction has to be carried out, intermediaries and trips are eliminated, so these are made faster. In conclusion, "The accounting industry is now speaking a brand new language of business. It is the language of future generations of accounting professionals" (Pepe, 2020). Reference: Pepe, A. A. (2020).The Evolution of Technology for the Accounting Profession. CPA Practice Advisor. https://www.cpapracticeadvisor.com/2011/04/19/the-evolution-of-technology- for-the-accounting-profession/1159/#:~:text=Technology%20advancements%20have %20enhanced%20the,corporation's%20most%20trusted%20business%20advisor.

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