Companies are automating many accounting tasks. Is automation good or bad? Consider this question from the view of accounting students, accounting practitioners, other business professionals, and society as a whole. What should be done to achieve the good aspects of automating accounting tasks while minimizing the poor aspects?

Q: According to the Institute of Chartered Accountants of England, "any form of accounting which…

A: Accounting is a process of recording and summarizing the transaction within the books of accounts.

Q: Describe the advantages of using accounting software in modern businesses.

A: Account software is a computer program or  operation made to make  colorful  fiscal and account…

Q: step

A: Business analytics is an emerging trend that is changing the traditional ways enterprises do…

Q: Please describe a managerial accounting concept or topic you learned in this course. Identify the…

A: Solution: Management Accounting  is also called as managerial accounting and can be defined as a…

Q: How do accountants use data analytics to help address business problems in the following areas:…

A: Accountants utilise data analytics to assist firms in finding useful financial insights, identifying…

Q: Managerial accounting is concerned with providing information to managers so they may make business…

A: Key references: • Drury, C. M. (2013). Management and cost accounting. Springer.• Horngren, C. T.…

Q: siness intelligence, and

A: Accountants use data analytics to help businesses unwrap  valuable perception within their…

Q: How can you implement responsibility accounting in a small business?

A: Responsibility accounting is a management control system that focuses on measuring the performance…

Q: What is the relationship between Accounting and an Accountinginformation system?  • What has…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: “Uses the information to develop and implement a business strategy.” Is it not a primary function of…

A: Management Accounting:

Q: What function does accounting information technology play in modern accounting practice?

A: SOLUTION ACCOUNTING INFORMATION IS  DATA ABOUT A BUSINESS ENTITY'S TRANSACTIONS.

Q: businesses exist and operate in many different environments. This has always been the case, but many…

A: There are two types of business environments. These are A) Internal environment B) External…

Q: Give an example of how a company's accounting department works. This function serves what purpose…

A: Accounting is referred to as one of the most important processes of recording financial transactions…

Q: Accountants play an important role within an organization. Without the proper tools and resources,…

A: Accounting Information Systems (AIS) are crucial for organizations as they provide a streamlined way…

Q: answer these questions: step 1; Why do managers/accountants need to behave ethically? Explain.  Step…

A: Why do managers/accountants need to behave ethically? Explain.  Managers and accountants need to…

Q: What are the impacts of technology towards accounting? What is the role of technology in accounting…

A: Technology: Utilizing topics from the fields of industrial arts, science, and engineering,…