Detailed investigation and understanding of the future of accounting and the role of technology in its development

Publish Year: 1402
نوع سند: مقاله کنفرانسی
زبان: English
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MAEBCONF05_048

تاریخ نمایه سازی: 28 شهریور 1402

Abstract:

The last few years have taught us that we should expect big changes in every industry and knowledge. The development of technology is an undeniable power, and certainly the role of technology in accounting is not hidden from anyone. If we are ready for these changes, we can seize the opportunity and add a significant growth to our businesses. But if we neglect, we will fall behind the game. So let's check together which direction the future of accounting will go and what events will determine the future of this knowledge? Technology is the most important factor of growth and promotion of economic and social development. With the globalization of the economy, most organizations are realizing that information is the lifeblood of the digital economy. In the last two decades, very fast and amazing changes have been made in the information and communication technology sector and the countries of the world have made a lot of investments in this field. Also, the key to success in the information age is to make decisions that are better and faster in the competition without contradictions. Bad and inappropriate business decisions, i.e. decisions based on minimal or incomplete information, can cause millions of dollars in losses, lose the company's main market share and majority, or even bankrupt the company. Advanced technology has brought about significant changes in most businesses, and the future of accounting is no exception. Many of the manual and routine accounting tasks of the past are now performed by non-human support. Changing technology means that accountants are increasingly engaging in higher-level work and taking on important decision-making and management responsibilities in organizations. The changes of recent decades are going to continue in the future of accounting. The introduction of artificial intelligence will further change the future of accounting. In fact, instead of humans checking transactions, machines will do it. Technology is the most important factor in economic and social development. With the globalization of the economy, most organizations are realizing that information is the lifeblood of the digital economy. In the last two decades, very fast and amazing changes have been made in the information and communication technology sector and the countries of the world have made a lot of investments in this field. Also, the key to success in the information age is to make decisions that are better and faster in the competition without contradiction. Bad and inappropriate business decisions, i.e. decisions based on minimal or incomplete information, can cause millions of dollars in losses, lose the company's main market share and majority, or even bankrupt the company

Authors

Mahnaz Zhian Nasrolahi

PhD student in accounting, Islamic Azad University, Tabriz branch,