VALUATION OF THE ADVISORS’ IN ACCOUNTING WORK EFFICIENCY DUE TO ICT USE

Abstract

Work efficiency is important for all kinds of activity. Specialists of accounting, including advisors in accounting and finance, are not outside of necessity to improve an efficiency of their work. Traditional understanding of work efficiency most cases deals only with work productivity of specialists providing registration of transactions, data processing, reports’ preparation and very week attention is paid to functionality of software, technical equipment and staff behaviour. One of the essential factors enabling to increase the efficiency of the activities of these specialists now days is use of the ICT. Not depending on how modern ICT is, by analysing efficiency of accounting specialists, especially of advisors in accounting, we have to take into account and human factor – professional competences, abilities to use modern ICT and communicate with clients. Due to this situation, scientific problem of this paper is clarification of the concept of advisors’ in accounting work efficiency and possible ways for progress estimation. Results of monographic investigation presented in this paper provide more light on understanding of advisors’ in accounting work efficiency in face with modern ICT use. For empirical investigation there were used the data received during structural interview with managers and questioning of advisors in accounting working at the company X that provides accounting data processing services and finance management consultations for small and very small enterprises in Lithuania. Research reviled that implementation of modern ICT tools allowed company X to increase advisors’ in accounting work efficiency in last five years. In addition to traditionally defined requirements for professional competences, advisors in accounting and finance have be able to: see “big picture” and understand the specifics of client business process; make multifaceted analysis of weaknesses and success factors and to propose rational ways for solving of accrued problems; be able and use newest information and communication technologies; know, understand and apply legal and methodical requirements that affects clients’ financial interests; manage client services. Advisors in accounting and finance, working in company X, provide the following services for their clients: input and processing of transactions data; preparing various financial reports and other documents for state and commercial institutions; supporting clients, who remotely making input and processing of accounting data by themselves; alculating and valuating economic and financial indicators of client unit activities; providing some others services foreseen in agreement with client.