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Published by Afterschool.my on Feb 07, 2022, 03:59 pm
By Siti Aisyah Mohamed
Accounting is the process of recording financial transactions for a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. Accountants rely heavily on technologies for these processes. Before the Internet age, accountants rely solely on calculators, ledgers, and record receipts to process these financial transactions. However, nowadays, the advancements of computers technology and the World Wide Web have massively improved the speed and flow of tasks accountants can manage, enabling them to handle complex calculations unseen before the Internet age. Computer programs such as Microsoft Excel can be programmed to calculate for users with the right coding without the need to bring ledgers and calculators anywhere. Information can be stored in the cloud and can be accessed by any Internet-connected devices such as laptops, tablets, and even smartphones, bringing flexibility and accessibility to accountants.
As one of the many advantages of the Internet, accountants can do any business transactions without the need for any face-to-face interactions with their clients. Calculations of transactions can be made in Microsoft Excel and sent through email with a simple push of a button. The delivery will almost be instantaneous. Any new orders or jobs can simply be texted through the Whatsapp app for smartphones and can even be voice mailed. Nowadays with the dawn of 5G, a true high-definition online meeting is possible without any stutter or hiccups, with almost hundreds of participants can be in the same meeting if necessary.
For students that are studying in the field of professional accountancy, information or knowledge about their subjects can be obtained very easily. Students can simply search for the information by searching it up using a search engine such as Google or Yahoo and instantaneously multiple websites and research papers will be shown to them. Classes also can be held online for students in the comfort of their homes. This is the dawn of a new age for education as the future of education will be online education thanks to the rapid advancement of technology, with the added convenience of a learning experience tailored towards their schedule. Online students can choose to access their course information and complete their assignments at any time. This allows students to fit their study time around their work, family, and other commitments. This also means that students who wish to continue working while studying do not have to put their careers on hold.
At INTEC Education College, we encourage our professional accounting students to have digital skills especially in advanced spreadsheets and advanced presentations. These skills can be obtained through ICDL courses offered at INTEC. ACCA and ICDL have also signed a partnership together for its affiliate to have computer skills certifications from ICDL before qualifying as a chartered accountant. In the end, the rapid change of technology brings a lot of benefits to chartered accountants. Students need to be quick-witted and open to learning new things to keep up with the market demands of chartered accountants.
Andrew Lim, Ketua Portfolio ACCA Maritim Asia Tenggara, menyampaikan Anugerah Platinum ACCA kepada Josephine Tan, Pengarah Kampus Taylor’s College.Taylor’s College telah diiktiraf sebagai ACCA Platinum Approved Learning Partner, yang merupakan pengiktirafan tertinggi oleh Association of ..
Andrew Lim, Portfolio Head, ACCA Maritime Southeast Asia, presenting the ACCA Platinum Award to Taylor’s College, represented by Josephine Tan, Campus Director, Taylor’s College.Taylor’s College has recently reached a significant milestone, achieving the prestigious ACCA Platinum A..
If you’re looking for an education that fits your busy schedule, Open University Malaysia (OUM) is a top choice for working adults and lifelong learners who need flexibility and accessibility without having to compromise quality.With OUM’s innovative online learning approach, students ca..
It’s not just about which school you go to — it’s about what you do with the opportunities given to you. Your effort, attitude, and determination are what truly shape your journey. With the right mindset, any school can become the foundation for incredible growth.But what if the school itself ..
Multimedia University (MMU) as reached another remarkable milestone by being named one of the Top 5 Universities in the Private Higher Education category at the 7th Graduates rsquo; Choice Award (GCA) 2024. The award was presented to Pn. Hayati binti Othman, Senior Director of Human Capital Manageme..
The road to discovering one’s true calling is often winding and littered with uncertainties. For Vicki Lai, the journey of unveiling fulfilment was about rediscovering a childhood fascination, blending her love for creativity and being brave enough to turn it into a meaningful career.As a coun..
The SPM season is here, and while it marks the end of one academic chapter, it also opens the door to planning your future career. The question now is: where will your journey take you? With industries transforming rapidly due to artificial intelligence (AI), sustainability, and advanced technologie..
For many Malaysian students, the allure of studying abroad extends beyond academic experience. The idea of securing a well-paying job and launching a successful career often plays a significant role in the decision-making process. Among the top choices for studying abroad, Australia and the United K..
How MMU Alumna Syahirah Farok Made the Leap from Teaching to Corporate SuccessThe Faculty of Engineering and Technology (FET) hosted a one-day experiential event titled “INTRODUCTION TO MMU MELAKA ENGINEERING DIPLOMA PROGRAMMES” (PENGENALAN PROGRAM DIPLOMA KEJURUTERAAN DI MMU MELAKA) for..
If you're a teacher considering jumping into a corporate role, it’s more than possible — and many have done it successfully. One such person is Syahirah Farok, who made the transition after a rewarding career in education. Born in Selangor, Syahirah completed her undergraduate s..
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