Advancement Through Research
This paper explores the value and importance of effective accounting software from a practice-based professional and business perspective. The authors define the field of Accounting as a technology-based practice in the 21st century, where new and emerging software are used to execute and plan accounting processes and procedures for individuals and firms. The nature and characteristics of Accounting as a discipline are explored relative to its practice and use and adoption of technology-based software. The authors argue that Accounting as a measurement system and scientific-based practice set against rules and principles become apparent as a factor in lending itself to software-based methods. The characteristics of effective accounting software are presented and examples of effective accounting software in small businesses are explored. Finally, the authors make some recommendations on acquiring and using effective accounting software in business.
Accounting Intelligence System (AccIS), Accounting Measurement System (AccMS), Chartered Public Accountant (CPA), Customer Relationship Management (CRM), Generally Accepted Accounting Principles (GAAP), Public Company Accounting Oversight Board (PCAOB), Sarbanes-Oxley Act, Small to Medium Business (SMB) Accounting Software
