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In this age of technology the accounting journal and ledger books have been replaced by the laptop and accounting software. But has the basics changed. Do the person working with an accounting software need a basic knowledge of accounting ?Can the accountant be replaced by a software?
I agree with the answer given by sandeep shetty Assistant
A software cannot replace an Accountant.i.e.An accountant's brain cannot be replaced by a software or its brain.A software cannot replace even an Accounts Assistant.Accounts requires a specialised skill requiring some decision making as per the business situations and circumstances.Software can do preset preprogrammed ideas of a software engineer availing the expoertise of an Accountant only.A software can only give general medicine for cold, cough,headache only.
Yes, changed drastically and easier
No. Accountant can not be replaced by mere software. Even though software is already available and know how to manipulate it, the one using this should have knowledge in accounting. If he's not, then he will just be doing generating reports but not be able to analyze its content because financial data entered into the software is not the only factor in analyzing things. There are other factors.
Just it has become more transparent ....with intention to protect interest of stakeholder ...
