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Accounting Disrupted - How Digitalization Is Changing Finance (Hardcover)
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Accounting Disrupted - How Digitalization Is Changing Finance (Hardcover)
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Accounting Disrupted: How Digitalization is changing Finance
delivers a powerful analysis of the new technological forces
buffeting the accounting profession and identifies key pathways to
responding to the challenges. Al Bhimani, distinguished accountant,
academic, and author, shows readers how established business
fundamentals are being eclipsed and that accounting has not been
spared. You'll learn: How the new realities of digitalization,
including big data and AI, are affecting audit work and financial
management practices How learning fast about and from more diverse
data sources is essential to the new accounting environment Why
accounting information must start to speak to what will take place
rather than about financial activities that have occurred What
finance must do in a world of changing risks, data growth, fast
digitization, and increased regulation The author makes a
compelling case that accounting now faces a crunch: it needs to
reshape itself from the core because conventional financial
analysis is proving too cumbersome and slow for executives in
digitalized organizations. In a straightforward and illustrated
style packed with case studies and practical examples, he shows
readers how big data, blockchain, robotic process automation, and
artificial intelligence, can help accountants adapt to new
realities. Perfect for finance leaders in both the private and
public sectors, Accounting Disrupted also belongs on the
bookshelves of accounting students who wish to better prepare for
the technological and professional environment in which they'll
shortly find themselves.
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