Marcus Boyle: only sure bet is technology will keep changing
Accounting technology didn’t change much for the first 500 years after Luca Pacioli standardised the principles of double-entry bookkeeping in the 15th century. Movable type and adding machines made an impact, but it wasn’t really until the transistor age that rooms full of bookkeepers and their hand-written ledgers finally disappeared.
After such a long period of ‘business as usual’ for accountants and bookkeepers, the last 50 years, and especially the last 25, have seen revolutionary changes.
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