Can accounting software replace accountants?  Apparently with cloud computing and other new breakthroughs things may be heading in that direction.  See this article in AccountingWeb by Jonathan Poston for more details:

http://www.accountingweb.com/article/can-software-really-replace-accountants/223669

Just remember that these software packages may replace some of the gruntwork of accounting, but like TurboTax and tax knowledge, you need some accounting or bookkeeping knowledge to make sure everything is right, so you should get an accountant or bookkeeper to review things a couple times a year, just like you need a tax preparer to oversee your tax returns.

 For financial,  accounting and tax musings,