Is Social Feedback a valuable option in the Accounting industry?

In their article Users of the World, Unite! The Challenges and Opportunities of Social Media, Andreas Kaplan and Michael Haenlein mention five different categories of social media classification:

  • collaborative projects,
  • blogs,
  • content communities,
  • social networking sites, and
  • virtual game worlds and virtual social worlds.

I have had experiences both first and second-hand and positive and negative with these social media classifications and am going to quickly reflect upon these experiences and how I believe their usage will affect the accounting industry. Continue reading