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

1440 WordsSep 17, 20126 Pages
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.…show more content…
This means that modern business emerged because of the open market between countries, which in other words is globalization. Policies looking to compete in the international market, flexible rules that allow rapid change, make a flexible and skilled company adapt to a changing environment, as in the international market. All of these are characteristics of modern business. (Atrill, 2011). It has been pointed out previously; modern companies are seeking to adapt its business structure to the conditions offered by the environment, for this reason, modern companies are inventing new processes which use methods to generate utility, such as implementation of new technology, modification in its processes, personal training, among others. So accounting plays an important paper inside the modern business because help to the company to develop every process that companies have to done to adapt to modern market. In modern business financial information, which is provided by accounting and analyzed by accountants, is used in order to prevent anxiety caused by the irregular environment in which businesses are located. With this information, the board of the company may have a clearer picture of the market. Therefore, these days accounting plays an important role in the internal organization of the business. If an older-style accountant and
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