The Impact of Technological Advancement to Accountants I.

INTRODUCTION
Accounting is vital in every business. Clients hire accountants to ensure effective and efficient operations and meet obligations. The increasing complexity and numerous transactions daily deficits the quality of accountants work. A need for an easy, standardize and friendly strategies lead to technological advancement in the manual accounting processes.

In early 20th century, usage of accounting significantly improved the markets and world economies. At the same time, technology which is considered as a tool in daily activities had a major impact to Accounting specifications and concepts. Italian Luca Pacioli introduced the recording, summarizing, collecting and analyzing in 14th century which directed toward the invention of the double entry system and ledger bookkeeping as a foundation in the accounting known and applied today. The fact that commercial transactions began as early as 3500BC, the dawn of civilization in Mesopotamia, Sumerians and Chaldeans who grasp a need to transact, record, write their culture and account, entails the existence of accounting. Merchants use stones or shells as money to buy and sell, records and collects it through simple tools. Abacus which is a tool in computation for transactions was an early evidence of how technology enhances accounting. It enables early collection and recording of business transaction. As well as, a vivid technological advancement is the papyrus used by the civilized merchants and cultures wherein they record and summarize accounts and cultures.

Usually, technological advancement is viewed as an edge and advantage for every business. As well as the accountants, he can meet clients expectations and deadlines, and easily monitor errors and frauds through standardize software. A major consideration is the accountants skills. Are accountants now fully equipped with skills in using accounting software and systems ? Some surely posses but how about the old accountants and new graduates? In addition, maintaining the client's satisfaction is their goal. Thanks to technology, it can be easily achieved and broadened the services they can offer.

II. DISCUSSION TECHNOLOGICAL ADVANCEMENT Computers aid an accountants job. Accounting software such as quick books and peach tree are commonly used now. Through these, accounting is made easy for clients and accountant. Merely encoding vouchers, sales and purchases. They are directly reflected to other accounting process and activities such as postings, financial statements, trial balances, etc. minimal manual procedures are conducted and usually this are checking, verification.etc. Most companies are using IT systems in monitoring, and controlling the operations. Accountants have

Internet considered to have most of the informations, applications needed. Accountant can have