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THE EFFECTS OF COMPUTER ON THE ACCOUNTING PROFESSION

NAMES MAT NO:
OTOMEWO DANIEL WILLIAMS 6050
EKHATOR OSAYUWAMEN PRECIOUS 6951
ONI JOY ADELEMON 7029
EGBE PRINCE ISAIAH 7114
ODIASE PRECIOUS IYOBOSA 7033
EKUASE AUSTINE OSAMUDIAMEN 7031

ABSTRACT
The aim of this study is the effect technology on accounting profession. The results of this study shows that technology causes decrease in book keeping. Also, it causes increase accuracy in accounting process, to shorten the time of providing reports, to decrease cost of gathering information, to improve reports in management accounting and to provide a background for executing techniques of costing. Technology has affected accounting profession in a great extent, in the sense that they need to acquire new skills like as applied software’s of accounting, excel and access. Also as it reduces book keeping and saving time, an accountants participation need to increase in the processes, planning, analyzing management. Therefore, it can stated that if the use of technology applied effective, it will be provide a better background for improving accounting profession and role-creating more suitable accountants in organizations.

TABLE OF CONTENT

INTRODUCTION
BACKGROUND OF THE STUDY
Technology over the last few decades has drastically changed the face of the accounting profession. For accountants, new technology is always trying to figure a more efficient way to do the same simple process of input, process and output (Bagranoff, Simkin, & Norman, 2008). The greatest step forward in processing systems data was the computer. Information technology (IT) created programs that crafted reports and produced information far quicker than by hand.
Originally AISs were only concerned with accounting data and were created to

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