VIRTUAL REALITY IN FINANCIAL REPORTING: ARE ACCOUNTANTS AN ENDANGERED SPECIES?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F19%3A%230000851" target="_blank" >RIV/04274644:_____/19:#0000851 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.mup.cz/data/files/2019-IFRS-conference-proceedings-v5.pdf" target="_blank" >https://www.mup.cz/data/files/2019-IFRS-conference-proceedings-v5.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

VIRTUAL REALITY IN FINANCIAL REPORTING: ARE ACCOUNTANTS AN ENDANGERED SPECIES?

Popis výsledku v původním jazyce

Careers in accounting can vary from entry level positions of bookkeepers up to the executive level of Chief Financial Officers. Disregarding different career paths, disruptive changes are inevitable for all of them due to advancement of technologies entering the world of accountancy and financial reporting. Enhanced computational power, big data, cloud computing, artificial intelligence and even social media hand in hand with rapidly changing business processes and their automation are clear signals for accountants reminding them of the necessity to take the future into their own hands and reskill and upskill themselves in order to stay competitive and in demand. The objective of this paper is to identify, analyse and critically evaluate new trends, changes and challenges for accounting professionals and accountancy per se. A global survey of 3,000 accountants complements the paper with selected research data offering valuable real-world insight into the landscape of the accounting profession as it is preparing itself for the coming decade. The changing role of accountants towards uniquely qualified strategic business consultants who understand important implications of data requires mastering additional set of skills ranging from critical thinking to advanced levels of judgement and informed decision making, IT literacy, data visualization, or project management. Therefore, the background of experiential learning is explained and it is suggested to design and implement experiential learning activities into tertiary education accounting courses.

Název v anglickém jazyce

VIRTUAL REALITY IN FINANCIAL REPORTING: ARE ACCOUNTANTS AN ENDANGERED SPECIES?

Popis výsledku anglicky

Careers in accounting can vary from entry level positions of bookkeepers up to the executive level of Chief Financial Officers. Disregarding different career paths, disruptive changes are inevitable for all of them due to advancement of technologies entering the world of accountancy and financial reporting. Enhanced computational power, big data, cloud computing, artificial intelligence and even social media hand in hand with rapidly changing business processes and their automation are clear signals for accountants reminding them of the necessity to take the future into their own hands and reskill and upskill themselves in order to stay competitive and in demand. The objective of this paper is to identify, analyse and critically evaluate new trends, changes and challenges for accounting professionals and accountancy per se. A global survey of 3,000 accountants complements the paper with selected research data offering valuable real-world insight into the landscape of the accounting profession as it is preparing itself for the coming decade. The changing role of accountants towards uniquely qualified strategic business consultants who understand important implications of data requires mastering additional set of skills ranging from critical thinking to advanced levels of judgement and informed decision making, IT literacy, data visualization, or project management. Therefore, the background of experiential learning is explained and it is suggested to design and implement experiential learning activities into tertiary education accounting courses.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50205 - Accounting

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název statě ve sborníku

7th International Scientific Conference IFRS: Global Rules and Local Use - Beyond the Numbers

ISBN

9788087956960

ISSN

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e-ISSN

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Počet stran výsledku

11

Strana od-do

137-147

Název nakladatele

Metropolitan University Prague

Místo vydání

Prague

Místo konání akce

Prague

Datum konání akce

10. 10. 2019

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000649685400011