Role of Information Technology on Modern Accounting System

Role of Information Technology
On Modern Accounting System
Your name
Student Number
BUS707 Applied Business Research

Introduction to the research
• The very purpose of this research is to evaluate the
importance of information technology (IT), in the
modern accounting system.
• The work culture of the business has been changing at
a enormous pace. Hence, it is mandatory to understand
the way in which corporate business firms have
adopted to such changes (Otley, 2016).
• The approach intends to follow a specific pattern, the
background of this study has been followed by
consequences, objectives and problems, the literarture
review, its design and methods of data collection and
its ethical consideration.

Research Problem & Research Objectives
Research Problem:-
All the previous research studies, that were undertaken was not able to
appreciate the implementation of Information technology (IT) in their
accounting systems and therefore, it make difficult for the business firms to
understand the kind of accounting system that would be suitable for them.
(Yadav 2016). Therefore this is a particular reason for the purpose of the study
to be carried on. By means of conducting research the author aims to arrive at
a recommendation to this particular issue.
Research Objectives :
1. To clarify the existing relationship between the IT and accounting system.
2. What are the favourable factors for implementing IT in modern accounting
system.
3. To have a better prospect of the benefits that can be acquired after
implementing IT in accounting system.