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Botswana’s accountancy future in the wake of digital revolution

Friday, October 07, 2022 | 160 Views |

Head of class: The Botswana Accountancy College is the country’s main institute of training in the profession

Since 1494, when the Italian monk, Luca Pacioli or as some call him, “the father of accounting”, introduced the double entry system and laid the groundwork for modern-day accounting, the accounting profession has gone through so many radical transformations.

It is not a new phenomenon to adapt to changes in accountancy.

Essentially, technology brought drastic changes including the Accounting software systems which are in use in the present day such as QuickBooks, Sage, Xero, AccPac, and many others.

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Botswana’s accountancy future in the wake of digital revolution

Since 1494, when the Italian monk, Luca Pacioli or as some call him, “the father of accounting”, introduced the double entry system and laid the groundwork for modern-day accounting, the accounting profession has gone through so many radical transformations.