The Changing Role Of Accountants in the 21st Century

The Changing Role Of Accountants in the 21st Century\n\nA number of reports by academicians and practitioners either over the world shit called significant change in the blood line relationship methods and research and their relevance in the 21st atomic number 6. umpteen believe that the score standard is outdated with little relevance to the changes taken place in the wider world. Both the academicians and practitioners agree that if accounting is to serve a useable role in the ever-changing environment, accounting education and accounting research should become more(prenominal) broader, dynamic and not simplicity by a genius approach. Despite these facts, the academicians and practitioners both stated that the accounting methods taught and practiced call for changed significantly.\n\nThe history of accounts does not experience from the colonial era of the British Empire neither does it sire in the fourteenth century Italy, accounts came from the Mesopotamian regi on in the 3500 B.C. pentad thousand eld in the first place the appearance of double-entry, the Assyrian, Chaldaean-Babylonian and Summerain civilizations were flourishing in the Mesopotamian Valley, producing most of the oldest cognize records of physician (ACAUS, 1999). As business prospered and industries developed, cities of Babylon and Ninerah became the total for commerce and the language of business and politics. Mesopotamia had more than one commit with a standard meter in gold and silver. And in some proceedings allowing some credit. The accountants in the Mesopotamian times had interchangeable barely more extended duties than the accountants of today. Apart from writing up transactions, he ensured that the agreement complied with precise code requirements for commercial transactions (ACAUS, 1999). The scribes would record the transaction on specially prepared dust not because clay was procurable in surplus but because paper also known as papyrus was real e xpensive and scarce.\n\nBetween the years 2000 256 B.C. old-fashioned Egypt, China, Greece and Rome followed a similar accounting methods compared to the Mesopotamian. The use of paper was more than clay tablets as detailed records were do easily on paper. In these early ages, accountants had to be proficient and accurate, because irregularities disclosed by audits were penal by fines, mutilation or plain death. Household expenses played an significant role in ancient Rome as citizens were requisite to submit regular statements of assets and liabilities, apply in the basis of taxation, and were preserve in an adversary or daybook and monthly bill to a cashbook known as codex accepti et expensi....If you want to operate a full essay, coiffure it on our website:

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