Public Accounting Firms and Information Technology: Adoption, Usage, and Expenditures

Abstract

Investments in Information Technology are a major component of company budgets. The returns on these expenditures are sometimes hard to quantify, yet they seem to be increasing more each year.

This study examines data from over 1500 accounting firms over a two year time period. Analysis of the data yields results about changes in technology expenditures, online access, and technology support areas. Results indicate that accounting firms are spending more on IT.