Evaluation of the Effects of Digitization in the Process of Accounting Operations in a Selected Manufacturing Company

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10244879" target="_blank" >RIV/61989100:27510/20:10244879 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61989100:27510/19:10243703

Výsledek na webu

<a href="https://www.shs-conferences.org/articles/shsconf/abs/2020/02/shsconf_glob2020_02016/shsconf_glob2020_02016.html" target="_blank" >https://www.shs-conferences.org/articles/shsconf/abs/2020/02/shsconf_glob2020_02016/shsconf_glob2020_02016.html</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1051/shsconf/20207402016" target="_blank" >10.1051/shsconf/20207402016</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Evaluation of the Effects of Digitization in the Process of Accounting Operations in a Selected Manufacturing Company

Popis výsledku v původním jazyce

The principles of industry 4.0 progressively penetrate into accounting. The process of accounting activities from entering accounting documents to posting accounting documents is now fully automated. Through digitization and artificial intelligence, the invoice is automatically read and recorded in the accounts. On the other hand, activities in the process of control of realized accounting operations, including financial management of the company, remain to the accountants. Digitization of invoices is based on converting from paper form by using document scanners to digital form. This is followed by automatic reading from invoices through AI which uses neural networks. Accounting Act is intended to define methods of using electronic documents, understanding accounting records. It will give the sufficient knowledge of the technology used and knowledge of employees to automate accounting operations. Despite this, digitization brings benefits in terms of time savings, lower costs, and an overview of the volume of liabilities on invoices. The aim of the paper is to evaluate the effects of digitization of accounting operations through corporate economic data. At the same time identify the main problems that arise during digitization. Case study will document the findings. The business data of a particular company and data from the Czech Statistical Office will be used for processing.

Název v anglickém jazyce

Evaluation of the Effects of Digitization in the Process of Accounting Operations in a Selected Manufacturing Company

Popis výsledku anglicky

The principles of industry 4.0 progressively penetrate into accounting. The process of accounting activities from entering accounting documents to posting accounting documents is now fully automated. Through digitization and artificial intelligence, the invoice is automatically read and recorded in the accounts. On the other hand, activities in the process of control of realized accounting operations, including financial management of the company, remain to the accountants. Digitization of invoices is based on converting from paper form by using document scanners to digital form. This is followed by automatic reading from invoices through AI which uses neural networks. Accounting Act is intended to define methods of using electronic documents, understanding accounting records. It will give the sufficient knowledge of the technology used and knowledge of employees to automate accounting operations. Despite this, digitization brings benefits in terms of time savings, lower costs, and an overview of the volume of liabilities on invoices. The aim of the paper is to evaluate the effects of digitization of accounting operations through corporate economic data. At the same time identify the main problems that arise during digitization. Case study will document the findings. The business data of a particular company and data from the Czech Statistical Office will be used for processing.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

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

Název statě ve sborníku

Globalization and its Socio-economic Consequences - Sustainability in the Global-Knowledge Economy : 19th international scientific conference : 9th - 10th October 2019, Rajecke Teplice, Slovak Republic

ISBN

—

ISSN

2261-2424

e-ISSN

—

Počet stran výsledku

7

Strana od-do

—

Název nakladatele

EDP Sciences

Místo vydání

Paříž

Místo konání akce

Rajecke Teplice

Datum konání akce

9. 10. 2019

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000528040800053