Accounting software for small businesses has become so sophisticated that most small business owners will never need to consult with an actual accountant or understand accounting information themselves.

Question

Quizplus · Accepted Answer

While accounting software has made record keeping easier for small business owners, it is still important to understand basic accounting principles and consult with an accountant for complex financial decisions or filing taxes correctly. Accounting software is a tool, but it cannot replace the expertise and advice of a professional accountant.

Accounting Software for Small Businesses Has Become So Sophisticated That