Impacts of Advanced Technologies in Accounting Sector

Abstract

Technological developments changed methods for carrying out tasks within the scope of accounting activities and transactions related to accounting was started to being carried out through electronic media. Growth and development growing rapidly in information technologies day by day have brought digital revolution in economic, social and cultural fields. Usage of technology in accounting has increased as a result of developments concerning with usage of computer technologies so as to produce administrative-purpose information on the basis of integrate information system of accounting information of enterprises. There is much accounting package software in the market written for unified accounting system. Along with unified accounting, computerized accounting applications have increased rapidly. The objective of this review study was to find the impact of advanced technologies in accounting sector. To achieve the intended objectives of the study, a total of 11 previous published articles related to the application of advanced technologies in accounting sector were searched on different databases by defining the inclusion and exclusion criteria. The exclusion criteria were to include the articles that are related to the advanced technologies and accounting. The exclusion criteria were not to include the articles that have no link between impact advanced technologies and accounting sector. The findings of the study indicated that application of advanced technologies has opened the new horizons in the accounting sector.