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    How Accounting Is Related and Beneficial To IT Career

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    Nelly Still Alive
    Accounting is related and beneficial to IT careers in several ways. Most accounting is now done through computerized systems requiring IT professionals to set up and maintain accounting software and systems. Understanding accounting allows IT professionals to build systems that meet clients' accounting needs and identify necessary functions. It also helps network and security professionals ensure accounting data is protected. Learning basic accounting prepares IT students to manage finances should they start their own company. While accounting may not seem directly related to IT, having accounting knowledge provides advantages for job opportunities and responsibilities.

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    How Accounting Is Related and Beneficial To IT Career

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    Nelly Still Alive
    54 views3 pages
    Accounting is related and beneficial to IT careers in several ways. Most accounting is now done through computerized systems requiring IT professionals to set up and maintain accounting software and systems. Understanding accounting allows IT professionals to build systems that meet clients' accounting needs and identify necessary functions. It also helps network and security professionals ensure accounting data is protected. Learning basic accounting prepares IT students to manage finances should they start their own company. While accounting may not seem directly related to IT, having accounting knowledge provides advantages for job opportunities and responsibilities.

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    How accounting is related and beneficial to IT career

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    Accounting is related and beneficial to IT careers in several ways. Most accounting is now done through computerized systems requiring IT professionals to set up and maintain accounting software and systems. Understanding accounting allows IT professionals to build systems that meet clients' accounting needs and identify necessary functions. It also helps network and security professionals ensure accounting data is protected. Learning basic accounting prepares IT students to manage finances should they start their own company. While accounting may not seem directly related to IT, having accounting knowledge provides advantages for job opportunities and responsibilities.

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    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    54 views3 pages

    How Accounting Is Related and Beneficial To IT Career

    Uploaded by

    Nelly Still Alive
    Accounting is related and beneficial to IT careers in several ways. Most accounting is now done through computerized systems requiring IT professionals to set up and maintain accounting software and systems. Understanding accounting allows IT professionals to build systems that meet clients' accounting needs and identify necessary functions. It also helps network and security professionals ensure accounting data is protected. Learning basic accounting prepares IT students to manage finances should they start their own company. While accounting may not seem directly related to IT, having accounting knowledge provides advantages for job opportunities and responsibilities.

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    of 3

    BPK 10403

    BASIC ACCOUNTING
    ASSIGNMENT 1
    How accounting is related to IT profession

    NELLY ISHARDY BIN MOHD. SAID


    880709-01-5137
    CI 100204
    SECTION 2
    How accounting is related and beneficial to IT career

    Accounting is a technique used to record, report and analyze financial whether for personal or for
    company use. In a single glance, accounting might not be related to the career that based on computer
    science. But, actually there are some are area that might need the IT graduate to have some basic in
    accounting.

    Nowadays, most of the accounting is done computerized. Whether for recording, creating report and
    analyze financial stats. Information technology in accounting often enables companies to set up
    automated accounting information systems. These systems gather and process data electronically
    through the use of computers, servers, workstations and intranets. Most companies also use an
    accounting software application or package.

    Computerized accounting systems have also improved the functionality of accounting departments by
    increasing the timeliness of accounting information. By improving the timeliness of financial
    information, accountants can prepare reports and operations analyses that give management an
    accurate picture of current operations. The number of financial reports has also been improved by
    computerized systems; cash flow statements, departmental profit and loss, and market share reports
    are now more accessible with computerized systems.

    The biggest impact IT has made on accounting is the ability of companies to develop and use
    computerized systems to track and record financial transactions. Paper ledgers, manual spreadsheets
    and hand-written financial statements have all been translated into computer systems that can quickly
    present individual transactions into financial reports.

    Computerized accounting systems allow accountants to process large amounts of financial information
    and process it quickly through the accounting system. Quicker processing times for individual
    transactions has also lessened the amount of time needed to close out each accounting period. Month-
    or year-end closing periods can be especially taxing on accounting departments, resulting in longer
    hours and higher labor expense. Shortening this time period aids companies in cost control, which
    increases overall company efficiency.
    The most common example how account is related to IT profession is there are possibilities that client
    might request programmer to build a new system to assist them manage the company account. Thus, by
    having knowledge in accounting, programmer can build a system that satisfies the client needs. In such
    cases, having knowledge about accounting give them advantage to identify any function that need to be
    in the system. As a result, the timeline needed to complete the system can be decreased.

    It is not only programmer that benefit from learning accounting, for those that study for network and
    security area they might needed to ensure that the company information is safe from intruder. Account
    is the company core, any information leak or worse modification that happens on the company account
    might affect the company greatly.

    By learning account, student can be prepared if they want to build their own company. Of course they
    can just hired an accountant as an employee, but as the manager, they also need to have some
    knowledge in business area and the most basic for business is how to manage their company financial. If
    they don’t know how to manage the company financial, the expenses for the company might be higher
    than what it should have. By learning accounting, they know how to keep the company expenses on
    minimum level while gaining the profit in its maximum.

    The bottom line is, even though accountings seem significant in IT profession but the truth is it gives a
    big advantage for those who can master it. Furthermore, by having an extra knowledge for accounting in
    addition to their capability in IT sector, it will increase their value when they go for job hunting.

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