Category: Accountancy

The Accounting Profession: Impact of Emerging Technologies Table of Contents Introduction Quantum Computing Blockchain Technologies Artificial Intelligence (AI) Conclusion References Footnotes Introduction Technology is altering how individuals do businesses, and as a result, accounting must also keep developing. Several technological trends have developed due to the information overload that ushered in the fourth industrial revolution,…

Artificial Intelligence in Accounting Introduction There has been a lot of speculation and worries recently about artificial intelligence and its potential influence. Artificial intelligence (AI) is a comprehensive expression that refers to a technology that enhances computers to mimic human mental power (Hashem & Alqatamin, 2021). AI is frequently employed in banking, medical business, weather…

Accounting Information System Introduction A small business can use many ways to protect its data. Some are complicated while others are quite simple. For example, a company may put in place physical security measures that are geared towards protecting physical stuff such as files. At the same time, a company may put in place complex…

AI In Accounting Essay Example Introducing artificial intelligence (AI) into accounting is viewed by many researchers as a promising practice. For instance, according to Issa et al. (2016), who assess the sustainability and effectiveness of AI projects in this field, a significant number of companies invest in acquiring such innovations. This means that many firms…

Artificial Intelligence Implementation in Accounting Processes The article by Bakarich and OBrien (2021) refers to the problem of the implementation of AI technologies in the field of accounting. The most popular technologies in this sphere are machine learning (ML) and robotic process automation (RPA) (Bakarich & OBrien, 2021). The research aims to determine to which…

Accounting Ethics and the Code of Conduct Ethics is a central component of relations between companies and individuals. It regulates the behaviors of all parties and ensures that there will be no inappropriate actions, solutions, or strategies aimed at making benefit from causing harm to other organizations or individuals. For this reason, the observation of…

The Satyam Computer Services Firms Accounting Ethics Table of Contents Issue Description Interested Parties Causes Solution References Issue Description As an analyzed case of violation of accounting ethics, the 2009 scandal will be considered in which the Indian outsourcing company Satyam Computer Services became involved. The key problem lies in the significant overestimation of revenue…

Accounting in the Ethnomethodological Context Table of Contents How Accounting Fits within the Ethnomethodological Theory Analysis of a Real Life Example of Accounting Relevance of the Analysis to Ethnomethodology References People are diverse in every sense of the word. Their cultures, languages, cognitive abilities, and the manner in which they make sense of the events…

Bata India Ltd.: Management Accounting Analysis Table of Contents Introduction A Management Accounting Analysis of an Organization The effectiveness of MAS Conclusion References Introduction Management is the combination of planning, organizing, directing and motivating, performance evaluation and controlling. The accounting is the Process of identifying, measuring, accumulating, analyzing, preparing, interpreting, and communicating information to meet…

The IASB and the FASB and Their Role in the Accounting Table of Contents History of FASB and IASB IASB equivalents of the FASB original pronouncements The MSA program Bibliography FASB (Financial Accounting Standards Board) is the U.S.-based organization that issues Financial Accounting Statements (FAS) and other accounting pronouncements that constitute U.S. GAAP (Generally Accepted…