The impact of the utilize of modern technologies and their implications on the accounting and auditing profession
DOI:
https://doi.org/10.31272/jae.i138.1122Keywords:
modern technologies, accounting and auditing profsion, IOT, electronic accountingAbstract
The process of auditing based on the electronic data processors and the era of informatics have been analyzed accordingly. In this study, electronic accounting systems have become the availability of information in a large amount and at a high speed with a great degree of efficiency and accuracy more than before. The research aims to shed light on modern technologies and their effects on the accounting and auditing profession. To achieve this goal, the descriptive analytical approach was followed due to its suitability to the nature of the research. Where a scientific questionnaire was designed and distributed to a sample of (110) individuals on the research sample, which included accounting and auditing specializations. Where the research community was represented by audit offices, banks, and auditors working in academic institutions. The practical side of the research relied on statistical analysis by testing the degree of validity of the data to find out the possibility of generalizing these results. One of the most important of these conclusions is that the techniques of modern technologies work to bring about changes in the concepts and principles of designing accounting information systems, and improve the quality of reports. Reducing the issuance of personal judgments and preparing accounting estimates, and the occurrence of fundamental changes in the organization . As well as , planning of the audit process, risk assessment and analytical audit procedures, and the emergence of new areas Such as accurate by exception, auto-auditing, and financial analysis of big data. Based on the results of the research, he recommended the need for accounting and auditing to adapt at the same pace to developments in the corporate business environment as a result of increasing the adoption of modern technologies. The departments of economic units take cybersecurity issues into account when strategic planning.
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