What is the Impact of Big Data on the Accounting Profession?
Big data has had far-reaching effects on the accounting industry, and these effects are probably not exclusive to accounting. As with so many other aspects of Big Data, there is no shortage of “what if” stories of how Big Data might impact the accounting profession. As a result, the accounting profession has adapted to reflect […]
Why internal control is necessary for accounting system
Internal control procedures in accounting are the policies and procedures implemented by a company to ensure the reliability of financial reporting, safeguard assets, and promote operational efficiency. These controls are designed to prevent fraud, errors, and irregularities in the financial reporting process. In this blog post, we will explore why internal control is necessary for […]