Effects of Technology on Accounting Essay - 713 Words

Effects Of technology On the Accounting Profession The accounting profession has experienced many different changes and as well as a tremendous amount of growth over the past century. (Schaefer, 1998) Its unfortunate that due to unethical accounting practices there has been an increased need for advanced technology of accounting systems in order to better monitor what is going on with organizations. The need for real time reports and financial information at the click of a button seems to be the trend these days. This paper will give examples of how technology has changed the accounting profession as well as some example of the changes within my organization. Technology has greatly impacted the accounting profession in the†¦show more content†¦They all play a hand in the advancement of technology, rather than an accountant figuring everything out manually, its a matter of entering in the numbers in the necessary areas and waiting for the outcome. These systems have eliminated the potential for human error. Software such as the ones listed above has made an accountants life much easier to in the sense that the outcome of the entries is immediately available for critique. In my organization we use Oracle, as they continue to improve it we continue to get upgraded and the more things change. For example when I first started working there A/P used a different system to process invoices then based off of those reposted they were entered into Oracle so that the Items would be charged to the correct GL account. Now we do A/P FROM Oracle and the invoices are processes from Oracle and the fund are immediately placed in the proper GL account. We can also forecast now and print reports that comparers forecast versus actual and even compared to prior years. The way we keep track of and pay are taxes both payroll and sales taxes has even evolved due to technology. In conclusion, as businesses evolve and the need for rapid information continues technology will continue to play a key role in the advancement of the accounting profession. Human error is perhaps one of the greatest obstacles that technology has helped the accounting profession overcome and technology continues to alter how organizations operate. To provideShow MoreRelatedThe Effects of Technology on the Accounting Profession600 Words   |  3 PagesThe Effects of Technology on the Accounting Profession In today’s business society, the accounting technology whether it be software or hardware is a vital part of just about every major business. Many people overlook the importance of the role of accounting technology in business and in the accounting profession. The fact is technology such as accounting information systems can make or break a business. Utilization of Information Technology in the Retail Businesses (Wal-Mart) To succeed in theRead MoreEffects of Technology on the Accounting Profession1085 Words   |  5 PagesEffects of Technology on the Accounting Profession University of Phoenix ACC/340 Accounting Information Systems Effects of Technology on the Accounting Profession Businesses have become more competitive, consumers are more informed, and technology has changed the way the world communicates. Information technology (IT) and the resulting ‘information age’ are continuously impacting every facet of accounting. (Bagranoff, Simkin, amp; Strand-Norman, 2006) This paper will examine how accountingRead MoreThe Effects of Technology on the Accounting Profession1065 Words   |  5 PagesThe Effects of Technology on the Accounting Profession ACC/340 The Effects of Technology on the Accounting Profession Advancements in technology have allowed companies, small and large, to keep accurate financial records and eliminate paper entries. Technology has also allowed individuals in the accounting field the ability to interpret the financial information efficiently and effectively. With the introduction of the internet, a company now has the option to expand their business beyond aRead MoreThe Effects of Technology in the Accounting Profession1069 Words   |  5 PagesThe effects of technology on the accounting profession are clear and undeniable. The advancements in technology have increased both the accuracy and efficiency of the accounting profession. Thus, the advancements also bring an increase to the education in the accounting profession. In order to stay competitive with today fast pace society accountants must become more and more technologically incline. The accounting profession has experienced remarkable growth and success in both the 20th and theRead MoreTechnology Tools And Their Effects On Managerial Accounting999 Words   |  4 PagesManagerial Accounting Omid Ashrafi December 12, 2014 City University of Seattle Abstract This paper emphasize on technology tools and their effects on managerial accounting. It is clarifying Systems, Applications Products in Data Processing (SAP) which is using by many companies in these days to manage supply chain procedures and managerial accounting. Lately, it will talk about SAP features, SAP and the value of financial staff, technology effects, and trends. Managerial Accounting and TechnologyRead MoreTools And Technology And Their Effects On Managerial Accounting1018 Words   |  5 PagesManagerial Accounting Tools Omid Ashrafi December 12, 2014 City University of Seattle Abstract This paper talks about tools and technology and their effects on managerial accounting. It is clarifying Systems, Applications Products in Data Processing (SAP) which is one of the most popular and important software in these days and many companies are using this software to manage their supply chain and managerial accounting procedures. Later, it will talk about SAP features, financial staff andRead MoreResearching Topics Of Interest Is A Key Starting Point For The Research Effort1538 Words   |  7 Pagesaccountants currently utilize loopholes in FASB accounting standards to present better earnings results to investors, creditors, and regulatory authorities. Many business professionals support earnings management as routine practices that stay within authoritative boundaries, while other business professionals view these activities as unethical. The practitioners of earnings management misapply discretionary judgment to avoid the intent of accounting standards. In his speech The Numbers Game, onRead MoreThe Impact of Contingencies on Management Accounting System Development.1725 Words   |  7 PagesManagement Accounting SYSTEM 1 3.0 THE IMPACT OF CONTINGENCIES ON MANAGEMENT ACCOUNTING SYSTEM DEVELOPMENT 2 ( i ) Environment 2 ( ii ) Strategies and mission 3 ( iii ) Technology 4 ( iv ) Firm interdependence 4 ( v ) Business unit, firm, and industry variables 5 ( vi ) Knowledge and observables factors 5 ( vii ) Culture 6 4.0 Summary and Conclusions 6 5.0 REFERENCE BOOKs 7 1.0 INTRODUCTION The management of a company needs to develop cost and management accounting systemsRead MoreSection 1.1: Aim Of Report. This Report Will Briefly Go1157 Words   |  5 Pagesmanagement accounting and its effect on performance, then finally how this course will prepare me for a career in management accounting. Section 1.2: Introduction Management Accounting can and has been defined as many different things since its creation. It’s definition changing with the ever evolving role of the management accountant. The term management accounting was created in the 1950’s by the Anglo-American Productivity Council where they defined it as â€Å"The presentation of accounting informationRead MoreThe Role Of Accounting And Possible Future Of Accountancy Profession992 Words   |  4 PagesIntroduction Traditionally, accounting has a role to play in preparing financial reports, and tax preparation manually (Zodage, 2015). According to World Report’s Best Jobs (2014, cited in Hood (2014)), the accountancy was recognised as the third rank of the best professionals, and it is one in all careers having high demand (Hood, 2014). Nevertheless, the business practices and the environment have continuously changed and reshaped aspects of the accountancy profession (Wolters Kluwer, 2014). Some

Film Analysis Frida Kahlo - 1181 Words

I don’t usually watch bright, colorful movies but I definitely would make an exception for Frida. The colors and the score used in the film always heightened a scene’s mood, whether it be joy or despair. The film utilized bright colors so often that their absence had a profound effect when Kalho dealt with loneliness and heartbreak. I’ve always thought Frida Kahlo as an extremely interesting person. In the movie, she was interesting in her defiance of gender norms and zeal for life. She never let social constraints stop her from living life as she wanted to and I found that inspiring. Kahlo did not marry until she wanted to and even them persevered to continue painting while being a wife. During the movie,though I understood why she†¦show more content†¦She both spies on Riviera’s tryst and has a similar rendezvous in her family home. Both in today’s society and the past, such behavior is considered lewd and disrespectful. Frida breaks the stereotype that women should avoid looking even a little masculine. For a family picture, she dresses as a man and throughout the film favors distinctly masculine outfits. Despite this, she also embraces her femininity by wearing long skirts and bright colors. Still she breaks the traditional role of women by standing out in a crowd whether she wears women’s clothes or men’s. Kahlo challenges female stereotypes by pursuing a career as an artist. Typically, women are expected to marry young and spent life keeping house and raising children. However, Frida focuses on her desire to provide for her family, which she hopes to accomplish through painting. She marries Rivera out of love not duty. Kahlo also refuses to submit to her husband s every demand. She refuses to let Rivera’s ex-wife encroach on her home life when she cooks for Rivera. Before her marriage, Frida demanded loyalty from her husband and has the courage to separate from Rivera after his affair with C ristina. The usual role of a wife is to listen and obey her husband even when he at fault. Lastly, Kahlo disregards stereotypical role as women by embracing her sexuality. She doesn’t limit her partners to Rivera. Frida indulges in numerous relationships with both men and women. Director Julie Taymor fullyShow MoreRelatedFilm Analysis : Frida Kahlo s Art1813 Words   |  8 Pages Frida Kahlo’s art was a tool to convey the woman she really saw. The self-portraits she created were not idealized or meant to be surreal, but an actual representation of her true self. This pure expression inspired my own work in many ways. My desire became to create something with duality, as many of her pieces have, and which expressed my sense of self as purely as possible. There were a few challenges I faced, but overall, using Frida Kahlo as inspiration showed me how artRead MoreLA County Museum of Art Essay example1258 Words   |  6 Pagesdistinguish themselv es as historic masterpieces, by using stylistic and interpretive analysis methods. History and Origin of LACMA Artworks The museums Asian art collection, preferably from China and Korea, are exhibited in the Pavilion for Japanese Art (Basch and Poole 541), whereas the Latin American art collection: comprising pre-Columbian magnum opuses to works by Diego Rivera, Clemento Orozco, Frida Kahlo, and such like, are exhibited in the Latin American Art galleries (Compton 165). In additionRead MoreThe, Vanishing Voices, By Russ Rymer And The Self Portrait2119 Words   |  9 PagesBorderline of Mexico and the United States by Frida Khalo. In â€Å"Vanishing Voices†, Russ Rhymer explains, â€Å"Parents in tribal villages often encourage their children to move away from their insular language †¦ towards languages that will permit greater education† (Rymer 7). This demonstrates how isolated ethnic groups abandon their culture in order to pick up the global language for economic prosperity. Likewise, the bottom of the self-portrait of Frida Kahlo clearly displays how plants are converted toRea d MoreThe, Vanishing Voices, By Russ Rymer And The Self Portrait2147 Words   |  9 PagesIntroduction While examining the packet of resources, two pieces caught my attention, â€Å"Vanishing Voices† by Russ Rymer and the Self Portrait Between the Borderline of Mexico and the United States by Frida Khalo. In â€Å"Vanishing Voices†, Russ Rhymer explains, â€Å"Parents in tribal villages often encourage their children to move away from their insular language †¦ towards languages that will permit greater education† (Rymer 7). This demonstrates how isolated ethnic groups abandon their culture in order toRead MoreThe, Vanishing Voices, By Russ Rymer And The Self Portrait2175 Words   |  9 PagesWhile examining the packet of resources, two pieces caught my attention, â€Å"Vanishing Voices† by Russ Rymer and the Self Portrait Between the Borderline of Mexico and the United States by Frida Khalo. In â€Å"Vanishing Voices†, Russ Rhymer explains, â€Å"Parents in tribal villages often encourage their children to move away from their insular language †¦ towards languages that will permit greater education† ( Rymer 7). This demonstrates how isolated ethnic groups abandon their culture in order to pick up theRead MoreHumanities Test4641 Words   |  19 PagesShakespeares Falstaff questions the value of: honor 1.   ( T or F ) Aristotle considered plot more important than character or thought. True 2.   ( T or F ) Aristotle was both a theater critic and a philosopher. True 3.   Aristotles famous analysis of tragedy is found in a work called: The Poetics 4.   Aristotles work on comedy is how long? 5 acts long 5. What did the Commedia dellearte specialize in? 6.   What is satire? a literary genre or form, although in practice it is also foundRead MoreArt as an Embodied Imagination22095 Words   |  89 Pagesmechanisms inform their processes of abstract thought and reasoning. We analyze the consumption stories of 30 museum goers in order to understand how people move through museum spaces and feel, touch, hear, smell, and taste art. Further, through an analysis of metaphors and the use of conceptual blending, we tap into the participants’ unconscious minds, gleaning important embodiment processes that shape their reasoning. Solvitur ambulando (Solve it by walking) (roman proverb) I n the twenty-ï ¬ rstRead MoreArt as an Embodied Imagination22095 Words   |  89 Pagesmechanisms inform their processes of abstract thought and reasoning. We analyze the consumption stories of 30 museum goers in order to understand how people move through museum spaces and feel, touch, hear, smell, and taste art. Further, through an analysis of metaphors and the use of conceptual blending, we tap into the participants’ unconscious minds, gleaning important embodiment processes that shape their reasoning. Solvitur ambulando (Solve it by walking) (roman proverb) I n the twenty-ï ¬ rst

The Role of Education in My life Free Essays

Essay 1 – The role that education plays in my life Education has been a key point in my life and it has opened me the doors to many different experiences. Thanks to education I have had the opportunity to choose what I wanted to do in my life and decide where I wanted to live. Education has given me more freedom to make decisions. We will write a custom essay sample on The Role of Education in My life or any similar topic only for you Order Now Plato said that education should be mandatory for everyone because is the only way to develop a just society (The Republic). The author defended that education is the process that enables man to become aware of the existence of another reality (Allegory of the Cave). I agree with Plato that there is another reality. In my opinion there are many realities as there are many perspectives of the world. However, I think that knowledge is not enough to understand the other realities and it is needed the experience to realize that there are more things behind our reality. In my opinion knowledge allows me to make my own decisions with freedom but I am able to understand the other realities through experience. Although philosophers insist that education is the process of learning different concepts and skills required to understand another reality, I will argue that experience has played a more important role in my education than the knowledge learned from others. In addition, I think that education’s role should be helping the people to choose freely rather than developing a just society. In my opinion, education and freedom are two very correlated aspects. I don’t understand education without freedom and vice versa. If I don’t have the freedom to study what I want I will not be able to make my own decisions in the future. My academic background started in Spain where I graduated from high school and I started studying Business Administration in college. The education that I received from school and family allowed me to decide that I wanted to study in another place†¦ How to cite The Role of Education in My life, Papers

Economic Performance Through Time by Douglas North free essay sample

North also states that neo-classical economic theory, fails to recognize that â€Å"institutions† and â€Å"time† matters in the analysis of economic performance. In addition, the relationship between institutions and incentives decides economic performance. Influenced heavily by learning over time, a culture makes choices, and these choices are passed on through the generations. This essay will help guide us in the â€Å"ongoing task of improving the performance of economies†, by providing a base of an analytical framework that will be â€Å"capable of increasing our understanding of the historical evolution of economies†. The second section is a summary of his work done on the nature of institutions and their impact they have on economic performance. We find in this section that institutions are made up of formal, (rules, laws, constitutions) informal constraints (norms and behaviors and self made codes of conduct) and enforcement characteristics (size, weight, and color). These three essentials create incentives for societies and their economies. We will write a custom essay sample on Economic Performance Through Time by Douglas North or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Institutions and technology connections determine transaction costs that add into production costs. However, North implies that â€Å" the informational and institutional requirements necessary to achieve such efficient markets are stringent†. That rational analysis says that surviving â€Å"players’† will lead to correct models based on those that have the best information. In the discipline of the competitive market model entails that institutions are â€Å"designed to achieve efficient outcomes†, so it can be ignored in the economic examination. Yet, institutions are not socially efficient; to a certain extent the formal rules are made in interest of those with bargaining power to create new rules. So, it is bargaining power that affects the outcomes in a world full of transaction costs, not the rules. We learn that transaction costs are determined by, measuring the value and inflicting the agreements to physical dimensions and property rights of goods. In outlook the competition level determines the transaction costs. North also says that measuring and enforcing political markets is more difficult than economic markets. This is because it is hard to guarantee that an elective official will keep good with his promises. Section number three is the nature of intuitional change. It is implied here that institutions are the rules of the game that interact with organizations and entrepreneurs, which are the players to shape the evolution of an economy. Organizations are individuals bound together by some common purpose to reach objectives, which include political, economic, social and education bodies. Organizations expose the opportunities provided by the interaction of formal rules and informal norms or the â€Å"institutional matrix†. North states in short that economic change is a continuing process that is a result of the choices individuals of organizations make everyday. These choices are influenced by rules/contracts that change over time. So as rules change so do institutions. These changes happen when a person individual receives new information and recognize that they could do better. So in fact changes happen because entrepreneurs of an organization are learning and innovating the organization. The speed of learning depends on the intensity of the competition amongst organizations. Meaning they have to learn and innovate to survive and surpass the competition. However, the direction of these changes, due to learning, depend on the â€Å"pay-offs† are they positive incentives to learn and change? The fourth section North discusses a cognitive science approach to human learning. History shows that human being learning is impacted by ideas, ideologies, myths, dogmas and etc. So do decision makers act on their self-interest? How do we come to make decisions? North suggests that the analytical framework we must build should â€Å"originate in a understanding of how human learning takes place†. So we can better know how people make decisions when faced with doubt. Experiences and language help us form mental models to interpret our environment. These models evolve as we get eedback from our experiences and come into contact with others’ ideas. This is known as learning. Cultural heritage prevents divergence in mental models by using internal communicate to explain phenomena outside the present experiences of the members of that society. This is how belief structures are created. Belief structures, by formal and informal norms of institutions, get transformed into soc ietal and economic structures. â€Å"Institutions are the external (to the mind) mechanisms individuals create to structure and order their environment. Section five is about an institutional/cognitive approach to economic history. Douglas North initially says, â€Å"There is no guarantee that the beliefs and institutions that evolve through time will produce economic growth. † He describes that tribes with different experiences establish different institutions, which pass down through the generations and formed cultural stability. As societies evolved, their economic growth became more determined by the advancement of their institutions. To grow economically they had to make possible â€Å"impersonal exchange†. If no they remained â€Å"stuck†. Collective learning† forms culture which determined how much the past influences the present and the future or â€Å"path dependence†. Also, North states that institutions affect the gaining of â€Å"pure† knowledge through scientific research. Human experience as a â€Å"civilization† started very late in the human timeline, and so did economic /population growth. Most of this growth took place in Western Europe and their overseas expansions. While looking at economic growth through time North notices that the pace does not move in one linear direction rather it vary. The sixth section goes over the implications of the institutional/cognitive approach for improving our understanding of the past. This helps us understand that the conditions for economic growth do not automatically evolve. Growth depends on the relationships between political and economic institutions that practice low transaction costs. This institutional/cognitive analysis does help explain â€Å"path dependence† of an economy however, due to the human factor in institutions like politics and belief systems, because of behavior economic growth is very difficult to predict. To help this prediction we must better understand economic history, which North does by integrating studies of demographic and technological change. The final section explains implications for current development policies. North believes that we should take an institutional/cognitive approach to development problems, this we help provide us with a new analytical framework. While the formal rules, informal norms and enforcement characteristics shape economic performance. The rules may change quickly, but the rules are only legalized by the informal norms that may change gradually. North also recognizes that we do not know how to create effective policies for the â€Å"developing† world’s economic growth. However, he follows up by implying that their behaviors (informal norms) must change to support new rules and that growth depends on their development of law. Finally, this essay establishes that through the study of economic history and institutional/cognitive analysis, we will better understand economic change through time and help economic theory deal with new issues through.