With advances in technology, the problems of
information scarcity and access have diminished
considerably. For an accounting professional, it is
very important to choose the relevant information.
In addition to several important competencies, an
accounting professional should have an adequate
information system to manage all information.
Consequently, the accountant’s role is increasingly
important for organisations, as their work
has a widened perspective. Participation in the
decision-making process and the knowledge of
how companies work are some examples of an
enlarged accounting professional’s activities.