Challenges in Accounting Dissertation Example For Download

Category: Accounting
Subcategory: Business
Level: College
Pages: 1
Words: 275
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A number of resources and business units are brought together to ensure the success of the firm. This may include units such as the accounting function which is termed as one of the core units in the business. The accounting department ensures that resources within the company are utilized in the most efficient manner so as to help in the achievement of organizational goals (Pasquarosa, 2016). The accounting profession has been static for a long while, but the changes in the business environment have also led to changes in the accounting field. The most notable challenge being faced by the accounting department is the concept of technological innovation. All businesses are adopting the use of technology to drive efficiency and build on their business performance. The accounting departments have also been subjected to the technological changes through avenues such as cloud technology, artificial intelligence, and machine learning. This has led to the loss of jobs where most workers are ...

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