Preview

Impact of Ict on Accounting Practices Blending Information and Communication Technology with Accounting Research Journal Article by James E. Hunton; Accounting Horizons, Vol. 16, 2002 Journal Article Excerpt See Below...

Satisfactory Essays
Open Document
Open Document
308 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Impact of Ict on Accounting Practices Blending Information and Communication Technology with Accounting Research Journal Article by James E. Hunton; Accounting Horizons, Vol. 16, 2002 Journal Article Excerpt See Below...
Impact of Ict on Accounting Practices
Blending Information and Communication Technology with Accounting Research
Journal article by James E. Hunton; Accounting Horizons, Vol. 16, 2002
Journal Article Excerpt See below...
Blending Information and Communication Technology with Accounting Research. by James E. Hunton
INTRODUCTION
The purpose of this commentary is to explore how information and communication technologies (ICT) have forever changed many aspects of business and accounting practice and, as a result, offer new and exciting research opportunities to accounting professionals and academics. In today's computerized, interconnected, global business environment, the accounting profession must deal with a hostof complex issues that never existed in the past--for instance, how to capture and record new business transactions and events, develop value-added business and information processes, create new value-chain and supply-chain opportunities, disseminate useful knowledge to a wide array of information consumers,
Is this essay helpful? Join OPPapers to read more and access more than 650,000 just like it! get better grades and provide assurance services across the entire spectrum of economic activities reflect some of the more compelling topics of interest. Accounting researchers can add value to the profession by investigating these issues, among others, and presenting scientific results in a clear and understandable fashion to practicin g accountants.
An important message of this commentary is that researchersin accounting information systems (AIS) and other areas of accounting, such as financial,auditing, tax, and managerial, should work together on projects, as each party can learn a great deal from the other. Synergistic relationships arising from such teamwork hold great potential to yield high-quality research results that can have notable impact onthe accounting profession.
THE NEW BUSINESS AND ACCOUNTING LANDSCAPE
Over the past centuries, business

You May Also Find These Documents Helpful

  • Good Essays

    Is this essay helpful? Join OPPapers to read more and access more than 650,000 just like it!…

    • 361 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Kudler Fine Foods

    • 971 Words
    • 4 Pages

    Core Concepts of Accounting Information System Author: Nancy A. Bagranoff copyright © 2008 John Wiley & Sons, Inc.…

    • 971 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Case Study

    • 625 Words
    • 3 Pages

    Jones, Frederick & Rama (2006). Accounting Information Systems: A Business Process Approach (2nd ed.). Mason, OH: Thomson South-Western…

    • 625 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Turner, L. (2009) Accounting Information Systems: Controls and Processes. Hoboken, NJ: John Wiley & Sons, Inc.…

    • 3275 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Fontinelle, A. (2011, March 2). Introduction To Accounting Information Systems. Retrieved May 26, 2015, from http://www.investopedia.com/articles/professionaleducation/11/accounting-information-systems.asp…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Acct 542 Audit Proposal

    • 1234 Words
    • 5 Pages

    References: Bagranoff, N.A., Simkin, M.G., & Strand Norman (2008). Core Concepts of Accounting Information Systems (10th ed.). New York: NY: John Wiley & Sons, Inc.…

    • 1234 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    New technology in information systems have bought significant changes in accounting profession, practices and processes. It has increased the efficiency and accuracy in accounting and has speed up the process for manual accounting tasks, but also improved security of accounting data and increased transparency. Large organizations and multinationals are changing over to this new information systems and technologies to carry out their accounting tasks on global basis. This information system has led to standardization not only among the different divisions, locations and offices of a single organization, but also on a global basis.…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    There are several advancements in technology that has allowed companies from all different sizes to keep accurate financial data and records as well as decrease or as far as eliminate paper records. Technology has really advanced the accounting field by allowing the ability to process and interpret financial information more effective and efficient. Since technology has advanced with the introduction to the internet, companies now have the options have the ability to grow and expand beyond its region, and create new opportunity to expand internationally. New programs have been developed to assist in the internal operations and profitability. There is also the development of new software, which can help and meet the needs of the industry.…

    • 850 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Cooper Industries Inc.

    • 5587 Words
    • 23 Pages

    Is this essay helpful? Join OPPapers to read more and access more than 550,000 just like it!…

    • 5587 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Sentencing Philosophies

    • 353 Words
    • 1 Page

    Is this Essay helpful? Join OPPapers to read more and access more than 325,000 just like it!…

    • 353 Words
    • 1 Page
    Good Essays
  • Good Essays

    Technology is constantly increasing and invades every aspect of a person 's life. Accounting professions are no exception and even more so are affected by the information systems that are used within the accounting field. This paper will describe how information systems are changing the various aspects of the accounting profession and include a description of a variety of new technologies and their effects on accounting processes. In addition, this paper will discuss how these technologies have changed the way accounting is performed within the insurance industry at Allstate followed by a conclusion that recaps the major points of the paper.…

    • 755 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Accounting Cycle Paper

    • 723 Words
    • 3 Pages

    References: Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2007). Accounting Information Systems. In (Ed.), Intermediate Accounting (12th ed., pp. 62-124). []. Retrieved from…

    • 723 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The accounting profession has been around in one way or another for as long as people have traded goods and services. As the transactions between people have become more frequent and complex the accounting profession has become more and more essential and the tools used to perform its functions have become increasingly advanced. For the most part, the days of writing every transaction in a journal and charting and adding accounts on manual charts is gone, replaced by integrated computer systems that often enter transactions into accounts with little or no user interface. These technological advances have…

    • 762 Words
    • 4 Pages
    Good Essays
  • Better Essays

    CEO and CFO perceptions about AIS impact on firm performance and financial reporting: How do SOX, COSO, and the implementation of IT help reduce fraud and increase productivity in a business?…

    • 2939 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    study guide

    • 1847 Words
    • 10 Pages

    1. Gelinas, Ulric J. Jr., Dull, Richard B., and Patrick Wheeler. Accounting Information Systems, 10th Edition. Cengage South-Western College Publication 2015. ISBN 978-1-133-93594-0…

    • 1847 Words
    • 10 Pages
    Powerful Essays