The Impact Of Accounting And Information Technology

IMPACT OF ACCOUNTING AND INFORMATION TECHNOLOGY Application of basic accounting theory is based on financial accounting practices used in the formation of a series of methods of the theory, mainly the development and implementation of accounting practice norms, is to guide and constrain accounting standards, the basis for evaluation of accounting. The development of accounting and information technology has given an impact to the accounting objectives, accounting assumptions and accounting information technology. Accounting objective refers to certain social conditions, the accounting requirements and standards to be achieved. Accounting objective is to determine the direction of the development of accounting practice factor, is the ultimate, the required accounting purposes. Goal is to specific accounting functions, with the external environment changes, the goal will change the accounting, and the accounting of the specific functions will also be further developed. In the accounting information age, the basic objective of accounting is still improving economic efficiency; the specific objective is to provide decision-useful information users of accounting information. The goal is to provide financial accounting reports to investors, creditors, governments and relevant departments and the general public to provide and the financial position, operating results and cash flows and other relevant accounting information to reflect the fulfillment of fiduciary duties ofShow MoreRelatedThe Impact Of Information Technology On Accounting Activities1051 Words   |  5 Pagessociety, Accounting has experienced approximately several stages. In theses stages, the development of advance technology for accounting is so important that its influence could not be overlooked. 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