Accenture (which spun off of former accounting firm Author Anderson) wrote an article entitled "Meet the Finance 2020 Workforce" which suggests that accountants will need to embrace new financial roles to analyze new business opportunities and the ways firms can profit from them. Consider the internal and external business processes and give ideas of how they might allow the accountant to analyze business opportunities and how the firm might profit from them. You can use examples from the text or other companies in the news.

What are the benefits of Xero accounting software in today’s business and accounting environment? What are the importance of Xero accounting software in today's business? How Xero accounting software revolutionized the finance and accounting industry?

Discuss and explain the differences in the kinds of structure a new company can use to organize themselves. What are the relative advantages and disadvantages of each? If you and some colleagues are going to start a new business together, what form of organization would you pick, and why?

How are financial accountants pressured when they need to make ethical decisions in their work? Is having technical mastery of GAAP enough to practise financial accounting?

Business success is tied to effectively managed strategies. Using the Internet, study Starbucks’ current performance. Based on the analysis, do you judge Starbucks to be a success? Why or why not?

Businesses often modify or replace their financial information system to keep pace with their growth and take advantage of improved IT. This requires a substantial time and resource commitment. When an organisation changes its accounting information system, a systems analysis takes place. Explain the purpose and reasons for surveying an organisation’s existing system.

It is important for entrepreneurs to understand how to maximize their financial resources in the company plan's financial section.

How could the presentation  of financial information  pose an ethical dilemma to a business professional who is attempting to meet the demands of users who are interested in similar information?

Prompt: Accounting information systems became more and more sophisticated and eventually evolved into enterprise resource planning systems. At the same time this was happening, computers were replacing many of the repetitive tasks formerly accomplished by accountants. The accounting profession changed dramatically from one dominated by transaction recording and external financial statement preparation to one where accountants were full decision-making and decision-support team members. Has the profession kept up with these changes? Are the expectations of students entering the profession different than they were before this change? Response Parameters

What will be the changing roles of accountants in decision making, budgeting and control in brief? What companies use metaverses for and why are the big tech companies so interested? Can we apply CVP analysis to the Metaverse businesses?