EMERGING DIMENSIONS AND ISSUES IN ACCOUNTING

Abstract

In the prolonged growth of the accounting industry, the new technologies not only provide you opportunities but also challenges for the accounting industries. The accounting was given less prior than and in Economics, Statistics, Law but later it came out as a separate field of study. With the development of information technology, we especially the accountants need to updated with the computers and communication technology. The technological advances will create a greater impact the accountancy field. It could be both stable and unstable. But in the upcoming days accounting applications are becoming more flexible in their capability to transform their results to draw trendy conclusions. Accountants are the part of the connected world especially in that of financing and in solving practical problems. Emerging technologies in accountancy will help them to complete their tasks more accurately, quickly and simply. The technology view seems to be menacing after certain years so looking on those accounting applications and software is necessary and increasingly important. Knowing the trend that will work for your company in order to achieve strong revenue growth and to keep up with the industry is much important.