2. Why might there be reluctance on the part of accounting firms or their clients to embrace green initiatives like paperless systems? In accounting, there is one important activity that impacts the environment, and that is the use of paper for all those financial statements. But the electronic revolution has provided accountants with the opportunity to reduce paper waste; to quickly respond to clients; to reduce the costs associated with storing, tracking, and accessing documents; and to work virtu ally anywhere in the world via the internet. Traditional accounting firms spend a lot of valuable time handling paperwork such as invoices. A paperless system eliminates the need to store paper invoices by storing their digital images and retrieving the images as needed.

Firms now have easier access to more data, facilitating analyses that can save thousands of dollars.