Technology in Accounting: The Growing Role of Technology in Accounting


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With accounting software, Bob is able to complete five times as many transactions as he can manually; this supports the explanation of technology as

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1. In our ever-evolving world, there have been many advances that have made accounting processes easier to complete. Which of the following is an example of man-made technology that has impacted the accounting industry throughout history?

2. Dan's organization stores their software applications and other information on a group of external computers known as virtual network servers. Employees often refer to this storage space as the _____.

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About This Quiz & Worksheet

This worksheet, along with a corresponding quiz, will help demonstrate the impact that technology has had on the accounting profession. Topics you'll need to know to pass the quiz include what types of technology are used and how they have reshaped accounting processes.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • The definition of technology
  • Accounting tool(s) that has been used in accounting
  • Term for a network that provides virtual storage
  • Effect of technology on accounting

Skills Practiced

This worksheet and quiz let you practice the following skills:

  • Making connections - understand the concept of network storage technology and how it has improved the accounting profession
  • Information recall - access the knowledge you've gained regarding specific technology that has had an impact on the accounting field
  • Knowledge application - use your knowledge to answer questions about the effect of technology on accounting

Additional Learning

To learn more about the relationship between accounting and technology, check out the corresponding lesson titled Technology in Accounting: The Growing Role of Technology in Accounting. This lesson will help you do the following:

  • Learn how online storage networks contribute to improved information access
  • Recognize how accounting tools have changed over time
  • Define technology and its purpose