Question

How could technology help you extend your career? Think about what would push you to retire, and what mechanical/robotic or computer technology would enable you to keep doing work you love. 

Answer 1

How technology effect the career in accountancy/ economist:

It has been noticed that over time using technology have become part of accountancy and for the economists and it is indispensable.

The way how we perform those activities were also drastically changing in terms of

• Equipement : Computers, printers, harddisks, servers etc., to store and perform operations
• Softwares:Spreadsheets which are highly efficient in performing accounting with calculations.
• Internet: Sharing of documents, payment of taxes online.. etc
• Security: Passwors and limited access to confidential and important information.,

Conclusion:

As there is close synery between Accountancy/ economist and information technology, many universities have started verious certification programs like

Four years degree in

• Accounting and information systems (or ) Accounting information systems

Where the concept of Accounting are embedded in those programs.

There are very good oppertunities for those who make use of these course and could envisage bright career ahead.

Things that push you to retire and technolgy the enable us to work with love:

• What would push you to retire:
  • Non adaptbility to changing technology
  • Using obosolate technology and doing work which is quite monotonous
  • As they understand the math of financial independance
  • As they have abondant cash generating assets.
• Technology that enable you to work with love:
  • Technology the is quite user friendly
  • easy to work with and effiecient in performance.
  • Better generation of reports that helps in decision making
  • Avoid monotonous work.
  • Increases efficiency.