How Technology Has Changed the Accounting Profession

Technology has changed the profession in a number of ways, not just how you do your work, but where you do your work, even how you get your work. The days of the 10-key calculator, 21-column spreadsheet, ticking and tying numbers, those are all gone. It’s less about summarizing and compiling data these days, and it’s more about analyzing and evaluating the data that is served up to you through the power of technology. The ability to access data anywhere anytime makes it very convenient for all of us to do our jobs. Some may even argue it makes it too convenient, this concept of having standard office hours is a thing of the past since you can do your job 24/7. And then finally, it technology has changed how you get your work. Through the power of social media, social media now allows us to market our business, finding dialogue with business prospects online, even monitor the competitive landscape more closely.