I stumble into an article from womensarticle.com that some degrees will be put to an extinction and one of them is Accounting. I was kind of offended since it’s my profession. So it said, “basically if a Quickbooks can do it, you don’t really need your accountant” Any people with the same profession would laugh so hard at it!
So I was thinking, do you think that accounting is only about recording financial transactions? That would be too underestimate of the accountant’s profession!
Then it said that “the changing course of this career requires less number crunching and more insight, and another good alternative to this degree is finance, where you can be dynamic in your career“. Let me tell you simple thing about accounting, Quickbooks doesn’t tell your boss what’s happen with the numbers, what could go wrong, what could be done to improve, and so much others.
If you only see one point of accounting application system, you basically neglecting the power of analysis. What we can do with Quickbooks is like what coding looks like? You input the logic into a programming language and it produces a result. You can run an accounting application system with journal’s logic in it and it will automatic result but it stops there. The result has to be interpreted to people so they understand.
Another thing, not many companies could afford good accounting application system. It always different from one company to another company, talking about the size of it, the transactions number, the cost and benefit perspective, and in what country your accounting’s work is.
Unless, software’s company provide companies with cheap sophisticated accounting application system that integrated from front to end, it will still need more decades for accounting degree to be thrown away like garbage.
There’s also a tendency to marry two profession IT and Accounting to one profession, which could be pretty much awesome, but still you need the accounting degree as a proof of your credibility in the accounting area.
The only thing I agree from that article is the career dynamic of finance. It’s true in the real world, because you can’t automate the finance in greater scope than the accounting. It needs a lot of thought because it affects the survivability of all companies.
I would appreciate your opinion about this matter, so that we can learn from each other better to live this life abundantly!