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Article Review on Innovation in Accounting

   

Added on  2023-06-07

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Running head: Article Review 1
Applied Business Research
Article Review on Innovation in Accounting
Article Review on Innovation in Accounting_1

Article Review 2
This structured abstract will review the topic of ‘Innovation in Accounting” through reviewing
the four articles of Haiza Muhammad Zawawi and Hoque, Ionica, and Alina, Dagiliene, and
Dagiliene and Khan, Al Aboud, and Faisal.
A brief summary of the theory and progression in the field
Khan, Al Aboud, and Faisal proposed research in 2018 in which they highlight the technological
innovations and their role in the development of the accounting and make easier the work of
accountant in an efficient manner. These authors have developed another vital relationship
between available software in technology and accountants. The research has focused on showing
the importance of innovation in accounting and their impact on the business in the form of pace,
swiftness, and accuracy.
It has been recognized by Khan, Al Aboud, and Faisal that there are a number of variables within
the innovation in accounting in which authors embedded importance of innovation in the
accounting system, advantages and disadvantages of innovation in accounting. The role of the
technology in an accounting firm is huge as it helps in increasing the productivity of the business
as well as employees to attain the objectives of the company in the global market. The author has
categorized the importance of innovation in the form of development of technology in
accounting.
In the time since Khan, Al Aboud, and Faisal’s research the matter of innovation in accounting
and their advantages on accounting firms in the context of growing economy of the specific
country. The primary research has been chosen by the researcher in order to bring attention
towards the topic so that the further research can be done in a more efficient manner. Along with
Article Review on Innovation in Accounting_2

Article Review 3
that, there are more three articles that focused on the same topic in different ways. All articles
have different perspectives regarding the innovation in accounting.
It is apparent that the factors which have been highlighted by Khan, Al Aboud, and Faisal are
important and it is necessary for the company to focus the accounting system with the latest
technology so that the company can think forward in order to attain the objectives of the
company in an efficient manner. Across all theories, it is cleared that the main focus of all
authors on the development of the accounting firm by focusing on the innovation.
Common themes/findings across the four articles
As elaborated under the research of Khan, Al Aboud, and Faisal’ that highlighted the importance
of the innovation in the accounting system for the purpose of increasing the productivity of the
business in an efficient manner. Similar, the work of Muhammad Zawawi and Hoque, Ionica,
and Alina, Parker elaborate that innovation has a significant role in the accounting.
It has been mentioned by Muhammad Zawawi in his article that the management accounting
innovation system is referred to as the key growth where the decisions of the company rely on
the gain or loss. It has been identified by the author in this article that innovations of
management accounting and the system of control indicate a number of issues regarding the
implementation, internalization and initiation of contemporary management accounting and
control system like TQM and JIT. It encompasses various studies such as investigate
management innovations in studies on specific management practices of accounting. The work
of Ionica and Alina, is different from other articles as they have focused on the strategies that can
implement innovation with group thinking for which the researcher has taken six articles for
Article Review on Innovation in Accounting_3

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