The impact of artificial intelligence and Industry 4.0 on transforming accounting and auditing practices

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2024, Volume and Issue: 10(1), P. 100218 - 100218

Published: Jan. 22, 2024

The main aim is to investigate the impact of artificial intelligence (AI), Industry 4.0 readiness, and Technology Acceptance Model (TAM) variables on various aspects accounting auditing operations. To evaluate associations between variables, research design employs a mediation path approach using SMART PLS. study convenience sampling method, which augmented with snowball sampling. sample size was determined techniques, yielding final 228 respondents. findings indicate that leveraging AI, big data analytics, cloud computing, deep learning advancements can improve practices. AI technologies assist businesses in increasing their efficiency, accuracy, decision-making capabilities, resulting improved financial reporting processes. contributes theoretical explanation influence adoption practices context an emerging country, Saudi Arabia. have practical implications for practitioners, policymakers, scholars. this efficiently developments Policymakers use create supporting frameworks regulations encourage integration domain. These contribute existing stock knowledge auditing, as well providing evidence its benefits country.

Language: Английский

---

Accounting and information systems

Edward Elgar Publishing eBooks, Journal Year: 2024, Volume and Issue: unknown, P. 2 - 17

Published: Feb. 15, 2024

This chapter introduces the reader to research handbook on accounting and information systems. It discusses nature of that is contained in each seventeen chapters. The follows structure given by separate parts handbook, introducing recent relevant literature, covering themes of: planning design system research; use supporting managerial decisions; for controlling managing behaviour different settings; practical applications systems technological developments their impact raises most contemporary issues professional accountant reference research, prompts consider new opportunities arising from an understanding literature current context accountant's role organisations.

Language: Английский

---

The Moderating Effect of Perceived Risk on Users’ Continuance Intention for FinTech Services

Journal of risk and financial management, Journal Year: 2022, Volume and Issue: 16(1), P. 21 - 21

Published: Dec. 29, 2022

The study’s aim is to investigate how FinTech users’ perceived risk influences their continuance intention use services. new model, which was based on the Expectation Confirmation Model, created achieve aim. Partial Least Square Structural Equation Model used proposed model and relationship between adopted constructs. sample consists of 802 individual survey responses from northern India April June 2022. explains 45.4% variance in users, significantly influenced by usefulness satisfaction. Furthermore, risk, as a moderator, moderates through satisfaction confirmation. However, found have an insignificant moderating effect well intention. findings provide insights service providers about factors that influence intent continue using

Language: Английский

---

Digital Transformation as a Driver of the Financial Sector Sustainable Development: An Impact on Financial Inclusion and Operational Efficiency

Sustainability, Journal Year: 2022, Volume and Issue: 15(1), P. 207 - 207

Published: Dec. 23, 2022

The increase in studies on how digital transformation based the application of technologies affects sustainable development various sectors economy has been observed. Although is important for financial sector development, drivers and links between them are weakly addressed by researchers. study aimed at exploring due to innovative solutions, especially payments, leading through inclusion operational efficiency. current research presents its a systematic literature review, secondary data analysis, expert interviews provide further directions draw practical suggestions professionals toward future. A analysis performed text analytics, bibliometric network maps acknowledging existing outcomes identifying gaps agenda sector. collected payments’ dynamic EU were analyzed with use statistical methods, including correlation regression analysis. Structured used validate findings highlight key issues Baltic countries. authors have paid special attention sector’s economic dimension efficiency indicators, such as intensity. social limited offering. results indicated recent trends types usage countries ensure institutions. Furthermore, revealed significant intensity during last years EU, well close relationship payments

Language: Английский

---

Testing accountants' perceptions of the digitization of the profession and profiling the future professional

Technological Forecasting and Social Change, Journal Year: 2023, Volume and Issue: 193, P. 122630 - 122630

Published: May 29, 2023

In the context of businesses shifting into virtual environment, increasing importance IT skills as a result acceleration digitalization accounting on one hand, and overlapping crises other, profession was forced to rapidly adopt innovative digital measures meet these challenges. Through empirical research based questionnaire structured four categories influencing factors, we investigated professional accountants' perceptions their readiness for further training in light new labor market trends. Our analysis reveals that adherence digitization are influenced by several factors. First, it is respondents' ease using tools, level performance achieved, expected effort situational factors such organizational culture regulatory policies. Second, concerns about digitalization, perceived threats associated with potential job losses from replacement humans artificial intelligence well accidental exposure data due loss control therefore causing errors measurement reporting.

Language: Английский

---

Understanding Consumers’ Barriers to Using FinTech Services in the United Arab Emirates: Mixed-Methods Research Approach

Sustainability, Journal Year: 2023, Volume and Issue: 15(4), P. 2931 - 2931

Published: Feb. 6, 2023

The cutting-edge development known as FinTech is now fast replacing traditional financial services all over the world. Despite that, UAE consumers are still not embracing at expected rate. This study hence suggests expanded research based on unified theory of acceptance and use technology (UTAUT) to deeply examine obstacles preventing from using services. utilised an exploratory sequential mixed-method approach. Preliminary semi-structured interviews involving ten banking experts were undertaken explore barriers To get additional empirical support for concept, sequentially examined numerous components a quantitative cross-sectional online survey 332 bank customers. qualitative investigation highlighted six new that face when FinTech. Through data analysis, preliminary findings largely verified. As far authors concerned, this inquiry first put forth thorough model takes into account organisational, technological, individual, environmental aspects addressing problem low usage. By incorporating several factors, also expands UTAUT. Additionally, it one studies adoption employing mixed-approach methodology.

Language: Английский

---

Investigating the Role of Perceived Risk, Perceived Security and Perceived Trust on Smart m-Banking Application Using SEM

Sustainability, Journal Year: 2023, Volume and Issue: 15(13), P. 9908 - 9908

Published: June 21, 2023

Effective security support remains a challenge, even for mobile banking applications; this is leading to the loss of many customers due limited protection customer data and privacy. Cyber threats include everything from identity theft malware email online fraud. Thus, businesses individuals should use risk assessment methods countermeasures protect their m-banking apps. With in mind, new model using Technology Acceptance Model (TAM) has been proposed. The broken down into six main countermeasure categories, namely: perceived risk, security, trust, ease use, usefulness service quality. To test model, structural equation modelling (SEM) was used. Our findings reveal that trust quality play key roles improving adoption In addition, indicate had negative impact on both clients’ attitudes toward services. proposed could increase apps by enhancing defenses against issues. enhances reduction (63.0%), (75.0%), (32.1%), (74.0%), (44.0%) (45.3%) ratios.

Language: Английский

---

Impact of digital advancements on accounting, auditing and reporting literature: insights, practice implications and future research directions

Journal of Accounting & Organizational Change, Journal Year: 2024, Volume and Issue: unknown

Published: April 8, 2024

Purpose The study aims to use bibliometric and scientometric analysis conduct a detailed investigation on the impact of disruptive technologies in accounting reporting literature. To draw both academics practitioners through accelerated research activities, also look into significance these technologies, their potential opportunities they present for profession. Design/methodology/approach With Scopus database combination accounting, reporting, auditing technology-related keywords, 1660 articles published between 2008 2023 were included sample. provide graphical data visualize findings such as bibliographic coupling, co-citation keyword co-occurrence, this used R-biblioshiny VOSViewer tools. Findings demonstrate growth scholarly interest study’s area, particularly recent years. focuses three key uses applications technology professions: adoption continuous monitoring audit profession, software tools professions connections information systems audit. Originality/value This contributes literature by examining current trends professions, identifying gaps and, most importantly, proposing agenda field. came entirely from English-language reviews database. It considers studies that are directly relevant reporting.

Language: Английский

---

Does the Development of the Digital Economy Promote Common Prosperity?—Analysis Based on 284 Cities in China

Sustainability, Journal Year: 2023, Volume and Issue: 15(5), P. 4688 - 4688

Published: March 6, 2023

Common prosperity is the essential requirement of socialism and an important feature Chinese-style modernization. Data from 284 cities in China 2011 to 2020 were collected construct evaluation system digital economy common establish relevant econometric models explore their impact, spatial spillover, mechanism. It found that: (1) has obvious role promoting prosperity, this promotion dynamic nonlinear, economy’s more low-level regions; (2) externalities, there a spillover effect process prosperity; (3) resource allocation efficiency plays mediating development economy. Finally, countermeasures suggestions are proposed four aspects: strengthening economy, increasing investment infrastructure, enhancing governance capacity government, building demonstration zone. The research results deepen understanding provide some insights for ultimate realization prosperity.

Language: Английский

---

The Adoption of Robo-Advisory among Millennials in the 21st Century: Trust, Usability and Knowledge Perception

Sustainability, Journal Year: 2023, Volume and Issue: 15(7), P. 6016 - 6016

Published: March 30, 2023

Robo-advisor has become the new personal wealth management and investment method. Nonetheless, certain predicaments are faced by robo-advisor companies as a tech-savvy young group of individuals seems to be less willing adopt robo-advisory. This study investigates millennials’ adoption robo-advisory in terms financial knowledge, trust usability perception 21st century enhance sustainability. quantitative focuses on belonging millennial generation who were born between 1981 1996. The findings indicate that millennials possess well perceived have significant positive effect willingness embrace tool for management. higher knowledge an individual, more likely they robo-advisor. Government may provide appropriate avenues credible user-friendly platforms with resources boost usage robo-advisors their With robust artificial intelligence, continues support users, especially millennials, through three dimensions sustainable development: environment, society, economy.

Language: Английский

---