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If enterprise systems do much of the traditional work of recording transactions and processing journal entries and other accounting information, what role is left for the accountant to perform?

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User Episodex
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1 Answer

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Answer:

If enterprise systems do much of the traditional work of recording transactions and processing journal entries and other accounting information,

the role that is left for the accountant to perform is to analyze the accounting information and provide interpretations to guide management's actions.

Step-by-step explanation:

This is an evolving role that accountants must fulfill as Information Technology frees up their time to concentrate on less routine accounting tasks. They should now be focused on becoming trusted and valued advisors to their organizations by helping them to undertake strategic planning. They can achieve this as they devote more of their time to carry out an in-depth analysis of the accounting information being produced through technological automation and to provide correct interpretation of the analyzed data.

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User MarcJohnson
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