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If you aim for one of the many accounting jobs at large corporations after your CPA exam study and passing test grades, you can expect plenty of interaction with technology.  Financial presentations are more likely to resemble the special effects found in action movies than mere pages of numbers. With multiple product lines selling in global markets, executives at international corporations need data presented in vibrant ways. They expect financial information showing the impact of specific events on overall operations or regional performance. Corporate managers need to manipulate data into “what if” scenarios. Accountants are a major component of achieving this goal. The application of knowledge from CPA preparation courses to obtain accurately reported figures is a first step. Financial reporting across business segments demands using consistent accounting procedures. Because universal accounting measures are a hallmark of study for CPA licensing, corporations are adding CPAs to their finance departments.  This is giving CPAs an expanding role in corporate management by delivering information that reveals trends and opportunities.  Technology systems have become a vital aid for CPAs to present their findings. Accountants at large enterprises are relying heavily on information technology that presents interactive analytical models.  These platforms allow for easier identification of important factors.  Most of all, IT gives managers ??" and the CPAs advising them ??" an improved ability to evaluate the effects of various planning initiatives. Companies are aggressively emphasizing IT operations along with hiring accountants possessing skills from CPA exam courses.  The objective of merging these elements is the sharing of information throughout an organization.  The intended result is comprehensive corporate strategy and optimal allocation of resources. Large corporations are thus focused on interlocking the IT and finance areas. A primary example of IT infrastructure is collective review of the numbers through videoconferencing.  This permits local managers with knowledge about their markets to convey essential details that blend with the overall numbers. Combining front-office sales and marketing decisions with global risk management in the back-office is not without challenges.  But, utilizing IT systems for this purpose is likely to yield a competitive advantage.  Companies moving in that direction also have a renewed focus on uniform accounting controls studied in courses for CPA licensing. Joining standardization of IT and accounting is expected to render substantial benefits for worldwide operators. IRS Circular 230 Disclosure Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.

Source: http://fastforwardacademy.blogspot.com/2012/08/it-systems-join-with-subjects-in-cpa.html

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