dc.description.abstract | This report explores the transformative role of technology in modernizing accounting practices at
Snehasish Mahmud & Co. (SMAC), a leading chartered accounting firm in Bangladesh. In an era
marked by rapid digital evolution, traditional accounting systems are evolving into more efficient,
automated, and client-centric processes. The research focuses on key technological
interventions—such as electronic invoicing, automation of repetitive tasks, cybersecurity
measures, advanced reporting tools, and integrated software solutions—and their impact on
enhancing accounting practices at SMAC. Using a descriptive research design, the study draws on
both primary and secondary data. Survey responses from 28 employees and professionals at
SMAC, along with insights from interviews and organizational documents, were analyzed to
understand the extent and effectiveness of technology adoption. The findings reveal a strong
preference for electronic invoicing and automation, with over 78% of respondents strongly
agreeing that such tools significantly contribute to modern accounting. Similarly, interconnected
systems and cybersecurity protocols are viewed as vital in ensuring accuracy, transparency, and
data protection. The study highlights that technology not only streamlines internal processes but
also strengthens client relationships through real-time data access and personalized financial
insights. In line with global trends, SMAC is seen actively integrating cloud-based tools and
sustainability reporting into its operations. Despite challenges such as limited global presence and
regulatory uncertainties, the firm is well-positioned to lead in digital accounting transformation.
Based on these findings, the report recommends further expansion of digital tools, enhancement
of cybersecurity infrastructure, continuous employee training, and strategic adoption of cloud and
ERP systems. These steps will not only improve operational efficiency but also future-proof the
firm against the dynamic demands of the accounting profession. In conclusion, this report affirms
that technological integration | en_US |