Abstract:
Examining new assurance services offers a glimpse into the future of the accounting profession. Describing such services as WebTrust, Electronic Commerce and Information Systems Reliability give a view into how the profession is changing and what types of skills will be required of CPAs in the future. The profession as a whole has become very competitive. Due to this competition, accounting firms are developing new value-added services, such as WebTrust, that are in demand by consumers. In learning about these new services, we also discovered the impact these services might have on the future of accounting curriculums in colleges and universities. We examined the struggle of colleges in defining their role as a teacher of specific services, or a builder of basic skills on which to develop in the future.
