Digitalni repozitorijum
Univerziteta u Beogradu
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Challenges Posed by Information and Communication Technologies to Accounting
Jović, Danica
Abstract Since the middle of the 20th century, we have witnessed profound and continuous shifts in methods of producing, disseminating, and analyzing all kinds of information. Accounting could not stay out of reach of these changes. On the contrary, the preparation and presentation of financial accounting information, suitable for making a wide range of economic decisions by various stakeholders, had to be adapted to global trends not only in the business world and the emergence of new business transactions but also to changes in the world of information and communication technologies. This paper analyses the impacts of ICT on different areas of accounting and the accounting profession in general in terms of its accustoming to new technological and technical solutions, methodologies, and information transfer methods. There are three main spotlights: financial reporting in the context of using main digital solutions, accounting education, and the future of the accounting profession. The bottom line is not straightforward: ITC solutions and automation will speed up routine tasks and activities, but activities that require critical thinking and creativity remain domains where accounting professionals are indispensable. This situation further complicates finding adequate solutions for defining curricula at both high school and university levels.
engleski
2024
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Keywords: Accounting, information and communication technologies, education, the accounting profession