The accounting profession has probably gained the most in efficacy, with the introduction of computers, and more recently the introduction of the World Wide Web. Only 30 years ago, a legion of book keepers was essential to deal with the myriads of costs and payments. Now only a reasonable department is required to manage the accounts of a large corporation. And it’s basically down to technology. With the introduction of spreadsheets and global accounting systems from companies like Oracle and SAP, accounting has truly been converted into an Internet Business.

And as the large companies have changed with the times, so too have small firms of accountants, embraced the new technology. Accounting is truly one of the Online Jobs which have little to link with past, apart from its fundamental accounting laws and practices.

Those accountants, who have decided to go on their own, now have the chance to Work From Home. With faster and faster Broadband offerings and larger download allowances, large records like multiple page accounting spreadsheets can be appended to e-mails. In many cases accountants can access web links straight into the clientele’s business accounting system and perform their tasks online. Running a remote accounting business no longer means that dated practices are de rigeur. There is ample online training and online learning materials. As a result there is a huge Internet Business built around accountant training, so there is no justification to fall behind in your professional learning.

From the small business’s point of view, outsourcing their accounts to an accounting contractor, who can Work From Home, delivers several benefits. Conventionally accountants are busy at month, quarter and year ends. So paying for accounting services as required can conserve the salary bill. The other benefit is that small companies don’t need to invest in costly accounting systems and the frequent upgrading and maintenance to satisfy external auditors.

development in large consulting companies like KMPG, Price Waterhouse and Ernst Young has been attributable to Accountancy and Actuary services. The top four companies in this sector grossed a staggering $93 billion dollars in 2009 and employed over 600,000 staff. A lot of their staff Work From Home as consultants, auditing provincial companies and offering consultancy services to put in new accounting systems These systems link into all kinds of Online Jobs, from procurement costs through to labour and overhead expenses.

Even with the advances in technology, companies still manage to defy GAAP (Generally Accepted Accounting Principles). Examples of this are the Enron and the collusion with accountancy firm Arthur Andersen. Enron filed for bankruptcy and Arthur Andersen was dissolved due to the seriousness of the corporate swindle. So it seems that even internet technology and the introduction of Online Jobs in the accountancy world, hasn’t controlled some people’s appetite for wealth. The level of the fraud went into billions, which kind of makes running an illegal Internet Business, selling fake watches, look like a practical joke.

Having said all that, accountancy remains one of the most reputable professions to enter, even if they now employ spreadsheets and web based programs to count those beans.

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