Question
Explain the public accounting profession is quite competitive, and it is through the effective use of technology that one can maintain a competitive edge. For
Explain the public accounting profession is quite competitive, and it is through the effective use of technology that one can maintain a competitive edge. For example, an auditor can usually complete an audit engagement in less time--and be surer of their findings--than they would be without using technology in their audit. Please explain how this will permit the auditor to charge less for their work and to obtain more clients. And, if their findings can be supported, they will be less likely to experience legal ramifications (from the SEC, from stockholders, and so on).
- Discuss other changes you think will occur in how financial information is gathered, processed, and communicated due to increasingly sophisticated IT.
- Discuss several career opportunities available to students who combine a study of accounting with coursework in AISs, information systems, and computer science. Can you think of other jobs where these skill sets would be desirable?
- Explain, "When we computerize an AIS and merely change how the data is processed, we don't change what tasks are performed." Do you agree? Give examples to support your position.
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