Explain How the Role of an Accountant Has Changed over Time.

Topics: Accountancy, Change, Accountant Pages: 5 (1438 words) Published: September 1, 2012
Explain how the role of an accountant has changed over time. Discuss the role of the accountant in modern business.

I. Introduction.
Thesis statement: Many changes have happened in Accounting in the last few years. Most of which are differences in styles and also ways to implement this knowledge in modern business. II. What are an older-style accountant and modern accountant?

1. Overview of the situation in the past.
2. Previous information about an older- style accountant.

A. Modern business.
1. Information about what is considered a modern business.

III. An older-style accountant VS. Modern accountant.

A. Compare the older-style accountant with modern accountant.

IV. Conclusion.
A. Why has the change happened?

Explain how the role of an accountant has changed over time. Discuss the role of the accountant in modern business.

The role of an accountant and accounting has changed over time. These changes have been caused by the surrounding environment. For instance, the computer came to the companies when globalization started. Before this event, every single process had to be done manually but when the computer age began the process becoming faster and more efficient. Therefore, identifying what are the characteristics of modern and also older business helps to recognize the differences between older-style accountants and modern style accountants and accounting. This essay will discuss the findings of the comparisons between modern accounting and older forms. Identifying how accounting has improved in recent times, based on expert accounting and modern business. This essay will present many changes that have happened in accounting and the influences of these changes within companies The accounting and accountant history are hereditary, which means that the information was passed from generation to generation. In this process the knowledge changes depend on the person or the surrounding environment. In this aspect, accounting is similar to the other disciplines such as business and commerce (Gomes. Carnegie. Napier. Parker. & Wester, 2011). Therefore, it is important to have some information about older-style accountant. The purpose of that is to understand why the change has happened. In the course of history, accountants have created theories to solve problems which occur due to a lack of information or simply because the situation is new for the knowledge of this time. In the past, approximately twenty years ago, the situation was very different, compared with the modern one. An example of this is when technology entered the market. At this time, technology helped companies pass information quickly and efficiently between businesses and also inside the company, between employees (Introduction to Accounting, 2008). In 1980, a few businesses have computers which mean communication; the process of making a transaction or simply a change of any information of any special case, took much time and effort. Other aspect was local trade, the economy revolves around a local market, which mean that exports and imports were not the main concern of the companies. This was because the countries were very close economically and the priority was to protect domestic products from others that could be cheaper and sometimes better quality than the local ones. In this context, accounting played a minimum role in comparison to modern times because in the past, it only put attention on the domestic production (Introduction to Accounting, 2008). The older-style accountant was focusing on data analysis, tax preparations (Jones. Abraham. 2007). According to the authors, accountants were in the company just to analyze data, which was made by someone else in the company. So it can be deduced that the older-style accountant was focused on data, but there was no possibility of analyzing the data because that was part of the manager’s work or the other people who worked in...
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