Wednesday, November 13, 2013

The Changing Role of Accountants in the 21st Century.

A number of reports by academicians and practiti atomic number 53rs every(prenominal) over the world maintain called signifi arset change in the study statement methods and research and their relevance in the 21st speed of light. many an(prenominal) believe that the account exemplar is outdated with little relevance to the changes taken place in the wider world. Both the academicians and practitioners agree that if write up is to serve a utile manipulation in the ever-changing environment, accounting education and accounting research should be set more broader, dynamic and non coyness by a single approach. Despite these facts, the academicians and practitioners both state that the accounting methods taught and practiced be possessed of changed significantly. The story of accounts does not mystify from the colonial era of the British Empire neither does it depress in the fourteenth nose candy Italy, accounts came from the Mesopotamian region in the 3500 B.C. pe ntad thousand long time before the appearance of double-entry, the Assyrian, Chaldaean-Babylonian and Summerain civilizations were flourishing in the Mesopotamian Valley, producing whatever of the oldest known records of concern (ACAUS, 1999). As task prospered and industries developed, cities of Babylon and Ninerah became the rivet for commerce and the language of business and politics. Mesopotamia had more than one bank with a standard standard in gold and silver. And in some proceedings allowing some credit. The accountants in the Mesopotamian times had alike(p) only more extensive duties than the accountants of today. apart from writing up transactions, he ensured that the agreement complied with detailed economy requirements for commercial transactions (ACAUS, 1999). The scribes would record the transaction on particularly prepared frame not because clay was available in surplus but because paper also known as papyrus was in truth expensive and scarce. Between the years 2000 -256 B.C. ancient Egypt, Chin! a, Greece and Rome followed a alike(p) accounting methods compared to the Mesopotamian. You have indite a dear(p) judge about the changing role of accountants in the 21st century. The accounting profession is likely to come under increasing scrutiny as people tolerate more and more of accountants and auditors. lots of the scrutiny is justified found on new scandals from Enron to Worldcom.
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Of course, the recent failure of Arthur Andersen, once a proud member of accountings spacious 5, underscores the heavy toll that accou ntants guinea pig when they do not comply with professional standards. Its definitely pass to be increasingly concentrated in the 21st century to be an accountant or to attract the best and brightest to the profession. I would have to disagree with your comment that anyone can be an accountant if they even have the software. The author make some good points in this search. He was omiting some detail, but did present a good accounting of the history of the accounting profession. I would say well Done! The essay is very enlightening and has many good avenues it explores but I do not agree that anyone can become an accountant. Good quotations! robust thesis statement! This is greatly done but one thing, lack of real life evidences. Probably you should put in a few more examples in our daily life. While I found this paper to be slightly lack! ing in extensive descriptions of the main points. It still gets the point across and I especially enjoyed how the author chronicled the accounting profession in througout history. well Done. If you want to get a full essay, order it on our website: OrderCustomPaper.com

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