Answer to Question #88670 in Management for Bilyock

Question

how has ICT assist in the accounting jobs in banks and other related industries

Answer 1

ICT plays an important role in enhancing effectiveness and efficiency in service delivery in accounting jobs in banks. Through the help of ICT employees in banks across the globe are able to develop and put into practice a computerized system to help in storing and recording financial transactions. In addition, boost the accuracy of in accounting field thus helping reduce errors that can be costly to both an organization as well as the client. Also, ICT has helped enhance the process of data management, data collection as retrieval of information needed by accountants to make an informed decision.