Accounting has changed tremendously over the years, especially with the introduction of the internet. However, there are still major differences between modern-day and traditional accountants despite the advancements.
Here are some differences between the two, check which one are you:
Modern-Day Accountants | Traditional Accountants |
Can work in the office or at home virtually | Works in a traditional office |
May be employed by one or multiple companies | Usually employees of another company or accounting firms |
Sets their own pace and working hours | Works during normal business hours (day time) |
Able to advise their clients from global business trends and viewpoints | Most of the time, they look at things from their country’s perspective only and not globally |
Able to work alone online through internet-based accounting systems in their offices and at home | Works with traditional accounting systems who are normally manned by a large and full-time staff who take care of all the accounting operations |
Run businesses in which they are the employee(s) but may also subcontract the work or employ other accountants | They have accounting systems that are desktop or laptop-based. That means all of the accounting data stays on their desktop or laptop, and once they leave the office – they leave their work |
Not limited by physical and geographical boundaries | Change things only when it is a legal requirement or when it is too outdated |
As the Philippines’ first BIR accredited tax platform solution, JuanTax would like to help accountants advance their practice using our end-to-end tax platform. A solution built exclusively for tax practitioners to help you focus on delivering the best client experience.
Find more information about JuanTax and its products by visiting https://www.juan.tax/.