The EO Specialization Department ',
Time. There's never enough of it for most of us. In broad terms, the
accounting profession is as concerned with time as it is with numbers.
In an environment where cost inevitably is a determining factor in
any business or professional relationship, the question of efficiency
cannot be ignored. In simplest terms, efficiency can be said
to be the ability to do the best job possible in the least amount of time-and
time is the yardstick we use in determining client charges.
The efficient management of time and resources (including people),
one of the marked characteristics of every technically oriented society,
especially in the past several decades, has hastened the move
toward specialization. This trend has had, and continues to have, a
major impact on the very fundamentals of the accounting profession.