Current Changes of the Accounting Profession

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F22%3A10152639" target="_blank" >RIV/26482789:_____/22:10152639 - isvavai.cz</a>

Result on the web

<a href="https://msed.vse.cz/msed_2022/article/579-Jindrichovska-Irena-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2022/article/579-Jindrichovska-Irena-paper.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Current Changes of the Accounting Profession

Original language description

Although the accounting profession is not centrally regulated in the Czech Republic, several important institutional bodies perform regulatory and educational roles. These institutions also conduct professional examinations on various levels of accounting expertise. In this research paper, we learn from the opinions of accounting professionals, auditors, consultants and tax advisors as well as from the reflections of representatives of accounting associations on how the profession is adapting to current societal changes brought about by new technology and changes in society. To achieve this aim, we carried out semi-structured interviews with current representatives of the accounting profession in the Czech Republic. The need to rapidly adapt to new technological challenges, as well as apply new concepts are some of the key challenges for the accounting profession. According to previous findings, modern technology and digitization assist with data collection but do not simplify the analytical process, interpretation, and implications of empirical findings. In this vein, it is often claimed that new technology is used in an old manner and thus it is not bringing about the expected effect of its innovation. Furthermore, the frequently highlighted digitalization can also ease the misuse of data, and this is yet another chapter that needs to be explored in future research.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50205 - Accounting

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2022

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

The 16th International Days of Statistics and Economics, Conference Proceedings

ISBN

978-80-87990-29-2

ISSN

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e-ISSN

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Number of pages

11

Pages from-to

176-186

Publisher name

VŠE

Place of publication

Praha

Event location

Praha

Event date

Oct 8, 2022

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

001235750900018