Information Technology's Influence on Accounting Systems Over Time

This report provides an analytical view of the changing accounting systems influenced by information technology. It explores the evolution of accounting practices and organizational transactions in the context of technological advancements. The report examines the limitations faced by the system within the field of information technology. The research aims to address changes in accounting systems over time with information technology, focusing on forecasting accountants' careers, adapting to changing technology, and providing the necessary IT skills. The methodology includes a descriptive research design and an inductive approach, utilizing primary and secondary data collection methods, with qualitative data analysis techniques to evaluate data and derive reliable information. The literature review highlights the improvements in accounting with internet integration, the complexity of accounting structures, and the use of cloud-based systems. References include key texts on management information systems and the impact of technology on accounting.

Applied
business
research
Student Id

Introduction
• Research background
o The information technology plays an imperative role in the accounting
structure.
o In the current era, the organization has needed to gain their
understanding with respect to the implication of the information
technology in the accounting system to obtain higher profit.
o Information technology could also facilitate the organization to improve
their business process and get reliable outcome (Laudon and Laudon,
2016).

Research aim and
objectives
Research Aim and Objectives:
The main aim of this research is to address Change in accounting
system over time with information technology. Following objectives will
be accomplished by the researcher to meet the aim of research matter:
• To forecast career of accountants
• To adapt to changing technology.
• To provide the necessary IT skills.
• To know the effect of changing technology in the accounting industry.
• To know about the difficulties that industry faces and how they solve
it.
• To know about the change in the accounting system over time with
information technology.
• To know about the limitation of technology in accounting

Summary of literature
review
• It can be concluded that accounting is improved
after the involvement of the internet in the
accounting system. Further, the accounting
structure could be quite complex as compared to
the other system.
• Corporate could improve their existing financial
performance and get a reliable outcome. It can
also be illustrated that a large number of the
accounting organization has used cloud base
structure at the working place for performing well
and get a feasible result (Constantiou and
Kallinikos, 2015)

Research methodology
• Research methodology aids to select appropriate
methods for collecting feasible information about the
research matter (Brown, Henze, and Milford, 2017).
• The descriptive research design will be used by the
scholar
• Inductive approach is practised to collect conceptual
data with respect to the current matter.
• The primary and secondary data collection method
will be used by the researcher.
• The qualitative data analysis technique is an effective
for evaluating data and get reliable information.

References
• Laudon, K.C., and Laudon, J.P., 2016.
Management information system. UK: Pearson
Education.
• Constantiou, I.D. and Kallinikos, J., 2015. New
games, new rules: big data and the changing
context of strategy. Journal of Information
Technology, 30(1), pp.44-57.
• Brown, K.E., Henze, D.K. and Milford, J.B., 2017.
How accounting for climate and health impacts of
emissions could change the US energy system.
Energy Policy, 102(2), pp.396-405.