Technology Implementation in Accounting and Finance

Running head: TECHNOLOGY IMPLEMENTATION IN ACCOUNTIG AND FINANCE
TECHNOLOGY IMPLEMENTATION IN ACCOUNTING AND FINANCE
Name of the Student
Name of the University
Author Note

1TECHNOLOGY IMPLEMENTATION IN ACCOUNTING AND FINANCE
Table of Contents
Proposed Research Title.............................................................................................................2
Research Background.................................................................................................................2
Research Problem.......................................................................................................................3
Research Aim.............................................................................................................................3
Research Objectives...................................................................................................................3
Literature Review.......................................................................................................................4
Data Collection Plan..................................................................................................................6
Ethical Consideration.................................................................................................................6
References..................................................................................................................................7

2TECHNOLOGY IMPLEMENTATION IN ACCOUNTING AND FINANCE
Proposed Research Title
Technology implementation in accounting and finance.
Research Background
Finance is a broad term involving the management of large amount of money in a
systematic manner. The system of accounting is very important because of its function and
purposes of recording of several financial transactions by classifying, analysing and
summarizing those transactions (Klovienė and Gimzauskiene 2015). The current
improvement and the innovation in the technology has helped in reducing the pen and paper
job of the accountants and the accounting process can be carried out in a very fast process
with the minimum error. Most of the financial companies are also using several modern
accounting software in order to make the accounting process smooth as well as safe and
secure. The financial companies are also collaborating with the Fintech companies that are
providing the consumers with innovative services that are letting the consumers getting the
services of the financial companies form any place at any time without being physically
present at the financial organisations.
The current business scenario is very competitive in nature and there are several rapid
and frequent changes taking place in the business organisations. The organisations are
therefore adopting several technique in order to face the tough competition in the market and
stick to the business. There has been several innovation in the field of the information
technology and therefore the organisations are trying to implement these innovations of the
technology with the accounting and finance system. If the organisations lacks awareness and
understanding of the technologies and fails to identify how technology supports the
accounting process and helps in the management and decision making process, then it will
create problems for the organisations. The organisations can reap the benefits of having