The Shifting Role of Accountants in the Era of Digital Disruption

Pandemic and industrial revolution 4.0 made almost of all business activities and professional moved to digital way. People have to adapted to work with many innovations that emerged in the field of business which they work, including accountant. The era of digital disruption made the fundamental role of the accountant taken over by system or software. This phenomenon raises anxiety for a number of accountants, because their jobs are replaced by system, so companies can reduce the number of workers which classified as accountants. Whether the accountant will die along with the development of technological innovation? Certainly not. The purpose of this research is giving insight that accountants are required to be agile-learners who enrich skills with the aim of managing creativity and reasoning so that they are able to create infrastructure, platforms, and digital software that can control the automation in business. Using qualitative explanatory research method with literature review, observation, and interview, researcher found that the functional role of accountants is increasing, not only in financial reporting system proficiency, but especially in strategic business analysts with the help of business intelligence as the basis of decision making for business. Likewise technological innovation gave birth to another scientific field of business and accountant which enlarge job opportunities and threats as the results and implications. Keeping financial data and confidential information safe and secure should be the top priority for any business.

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Financial sustainability of the construction firms towards the era of industrial revolution 4.0: The role of technological innovation

2020 IEEE 8th R10 Humanitarian Technology Conference (R10-HTC) ◽

10.1109/r10-htc49770.2020.9357001 ◽

2020 ◽

Author(s):

Hui Shan Lee ◽

Sin Yee Lee ◽

Wai Mun Har ◽

Shen Yap

Keyword(s):

Technological Innovation ◽

Industrial Revolution ◽

Financial Sustainability ◽

Construction Firms

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Peranan Akuntansi Pertanggungjawban Dalam Penilaian Kinerja Pusat Biaya

Jurnal Ilmiah Akuntansi Kesatuan ◽

10.37641/jiakes.v8i1.334 ◽

2020 ◽

Vol 8 (1) ◽

pp. 49-56

Author(s):

Meri Ananda Martianti ◽

Iriyadi Iriyadi

Keyword(s):

Qualitative Analysis ◽

Performance Assessment ◽

Performance Appraisal ◽

Financial Reporting ◽

Reporting System ◽

Financial Statements ◽

Future Plan ◽

Financial Report ◽

Cost Center

Basically every company has a future plan. However to design the plan a study of the results from the previous year was needed. Accountability accounting is a financial reporting system that is related to the budget and realization, this is to appoint the competent in an organization. The purpose of this study was to find out how the role of accountability accounting in the performance assessment of cost centers in PDAM Tirta Pakuan Kota Bogor. The Method used is descriptive and qualitative analysis. The data used to measure performance is the 2016 financial report. The result of the study show that accountability accounting plays an important role because of the annual monthly and annual performance appraisal and the basis for budgeting that has been implemented by the PDAM Tirta Pakuan Kota Bogor. The result of performance appraisal are used to evaluate financial statements made by managers in optimizing costs, income, investment and profits in the company. Keywords: Accountability accounting, cost center performance.

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Methodological problems before regional development in the conditions of post COVID-19 governance

Journal of Geography Politics and Society ◽

10.26881/jpgs.2021.3.04 ◽

2021 ◽

Vol 11 (3) ◽

Author(s):

Kamen Petrov

Keyword(s):

Social Sciences ◽

Regional Development ◽

Crisis Management ◽

Functional Role ◽

Local Communities ◽

Scientific Field ◽

Knowledge Based ◽

Methodological Problems ◽

Economic Nature

This article is devoted to the theoretical problems of regional development in the conditions of post COVID-19 management. The text mphasizes the fundamental nature of regional development as a new scientific field, which has its own accumulation of knowledge, based on social sciences and natural sciences. The article focuses on problems with clarifying the place of regional development in post-crisis management. It is accepted that regional development has an important role in managing territorial problems and achieving a pulling development of individual spatial areas. In this direction, the very functional role of regional development brings to the fore the need for targeted measures and policies of a socio-economic nature. Some aspects of the regional development of scientific research are also presented. Emphasis is placed on the connections of regional development with other scientific directions and its role for effective geo-urban development, local self-government and local communities.

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Creating Wealth

The Wealth and Poverty of Cities ◽

10.1093/oso/9780190053710.003.0003 ◽

2019 ◽

pp. 47-76

Author(s):

Mario Polèse

Keyword(s):

Economic Growth ◽

Technological Innovation ◽

Industrial Revolution ◽

Adam Smith ◽

Urban Transport ◽

National Cultures ◽

Economic Progress ◽

Impact Of Urbanization ◽

The Impact

This chapter returns to the question at the heart of economics as a social science since Adam Smith and his seminal work on the origins of wealth. Why are some nations rich and others poor? The focus here is on the role of cities, on “agglomeration” in the jargon of economics. We find little evidence in support of Jane Jacobs’s thesis that agglomeration is sufficient to independently trigger economic growth. After explaining the concept of “agglomeration economies,” the gains from spatial concentration, various obstacles to their realization are examined: deficient urban transport; insecurity; arbitrary governance; informality; and so on. Their full realization requires solid institutions, which all too often are lacking. Starting with the origins of the Industrial Revolution, we conclude that the impact of urbanization (greater agglomeration) is essentially allocational, shifting labor to more productive endeavors. The roots of technological innovation, which is at the heart of economic progress, run much deeper, taking us back to national cultures and institutions.

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Towards Sustainable Textile and Apparel Industry: Exploring the Role of Business Intelligence Systems in the Era of Industry 4.0

Sustainability ◽

10.3390/su12072632 ◽

2020 ◽

Vol 12 (7) ◽

pp. 2632 ◽

Cited By ~ 5

Author(s):

Sumera Ahmad ◽

Suraya Miskon ◽

Rana Alabdan ◽

Iskander Tlili

Keyword(s):

Business Intelligence ◽

Industry 4.0 ◽

Industrial Revolution ◽

Qualitative Content Analysis ◽

Sampling Strategy ◽

Research Approach ◽

Business Intelligence Systems ◽

Textile And Apparel ◽

Apparel Companies

Industry 4.0 is a new era of industrial revolution in which textile and apparel (T&A) companies are adopting and integrating advanced technologies to achieve sustainability and a competitive edge. Previous studies have just focused on the perspective of big data utilization in Industry 4.0 and neglected the role of business intelligence systems (BIS), especially in the T&A industry. The current study is one of the first to investigate the determinants of BIS adoption with an eye towards understanding how BIS can resolve sustainability issues in T&A companies with Industry 4.0 technologies. Methodology: A qualitative research approach is applied with 14 semi-structured in-depth interviews from 12 of the world’s high-end T&A companies. The snowball and purposeful sampling strategy is used to select the participants. The qualitative content analysis technique is used to analyze the interview data. Results: The findings revealed various themes, such as sustainability issues in T&A companies, improved value creation processes with leading BI solutions, and perceived difficulties in the adoption of BIS. Major improvements are perceived in the apparel retail business because apparel companies are more prone to adopt the Industry 4.0 technologies with advanced business intelligence (BI) solutions. The results prove the pivotal role of economic sustainability in the adoption of BIS and Industry 4.0 technologies in T&A companies.

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CONCEPTUAL FRAMEWORK OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS: WORLD EXPERIENCE AND UKRAINE

International Journal of New Economics and Social Sciences ◽

10.5604/01.3001.0010.7625 ◽

2017 ◽

Vol 6 (2) ◽

pp. 78-85

Author(s):

Svitlana Zubilevych ◽

Nataly Poznyakovska

Keyword(s):

Public Sector ◽

Conceptual Framework ◽

Financial Reporting ◽

Reporting System ◽

Accounting Standards ◽

Financial Statements ◽

General Purpose ◽

International Accounting Standards ◽

The Public

The article discusses the role of the "Conceptual framework for general purpose financial reporting of public sector entities" in connection with the reform of the accounting and reporting system in the public sector of Ukraine on the basis of harmonization with International Accounting Standards. The chronology of the development of the Conceptual Framework and its brief content are generalized. An analysis of the purpose of the Conceptual Framework for General Purpose Financial Statements was conducted. Conclusions on the need to develop a national conceptual framework are made.

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