A Study on Technology Implementation in Accounting and Finance

This project evaluates the role of technology implementation in accounting and finance, particularly within the context of Australian businesses. It highlights the Australian government's support for businesses adopting technology and the growth of the accounting industry. The research aims to explore the conceptual information about technology and accounting systems, explain the role of technology in accounting, and understand approaches for effectively implementing technology. It addresses the importance of technology in securing organizational information, making reliable decisions, and improving financial conditions. The project outlines a data collection plan using primary and secondary data, including surveys, online observations, and interviews, while also emphasizing ethical considerations such as data integrity and confidentiality. It references relevant articles to support its literature review, focusing on the impact of information technology on accounting systems and related topics.

Name : ________________________________________________
Student ID : ____________________________________________
Proposed Research Title:
To evaluate the role of technology implementation in accounting and finance
Client Organization (if applicable)
The Australian government has always been supported the individual to start their business for
improving the country situation for the long term. The Accounting industry of this country has
been increased over 10 years that demonstrate the positive future of the firm. Thus, it is
evaluated that Australian organization has also supported to the organization for implying
technology to leads their business and sustain their position in the marketplace (Lim, 2013). In
addition, it is evaluated that the organization could be effective for the organization The
accounting department could be an essential part of any business as it supports to get a feasible
result. Furthermore, it is evaluated that technology could lead to the complete task of the
organization in the least time and cost. Moreover, it is examined that the Australian
government makes feasible rules and regulation for the firm with respect to the technology
implemented in the accounting for making a reliable decision about research issue
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(Schalteggerand Burritt, 2017).
Research Background
In an accounting system, the technology could be imperative for the firm to secure the
information of the organization and make a reliable decision in the context of the current
matter. Apart from this, it is evaluated that the organization should comprehend the latest tools
and technology for the firm to run their business and develops a positive decision in the
context of existing issue. In addition, it is also evaluated that organization should use modern
tools and techniques for effectively operating their firm and make higher competitive
advantages (Bounfour, 2015). Technology could support organization to secure the whole
information of the acting and also support to make a decision. Moreover, it is evaluated that
technology could be imperative for leading the whole process of accounting as it would be
effective for making a reliable result. In the current era, the technology could be effective for
securing a large amount of information and make a different image of the firm. Moreover, the
company could improve their financial condition of business by considering auditing tool
(DRURY, 2013). This could be effective for making their unique image of the organization as
compared to their market player in the marketplace but it could only be possible by
considering the technology in the accounting system. Moreover, financial fraud becomes a
major issue for the organization hence organization should need to improve their existing
knowledge towards technology implementation and get a favorable result. In addition, it is
stated that financial fraud becomes a key problem for organization hence firm has used training
and development method and maintain the security in the accounting sector (Tayeh, Al-Jarrah,
and Tarhini, 2015).
The financial fraud could negatively impact on the organizational image hence the company
should imply technology and increase the possibilities of getting positive responses.
Research Problem / Research Question
There are certain research objectives that will be met by the research scholar to complete the
desired aim in less time and cost. These research objectives are discussed as below:
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 What do you understand by technology and accounting system
 What is the role of technology in the accounting system
 What are the strategies for effectively implementing the technology in the accounting
system
Research Aim and Objectives
This research is relied on identifying technology implementation in the accounting
sector. Following are different objectives that are used by an investigator to complete
the aim of research:
 To explore the conceptual information about technology and accounting system
 To explain the role of technology in the accounting system
 To understand approaches for implementing the tool in the accounting system
Keywords for Literature Review
 Technology and accounting system
 Role of technology in the accounting system
 Approaches for implementing the tool in the accounting system
Publication details of relevant articles for a literature review
Geerts, G.L., 2011. A design science research methodology and its application to accounting
information systems research. International Journal of Accounting Information Systems, 12(2),
pp.142-151.
Granlund, M., 2011. Extending AIS research to management accounting and control issues: A
research note. International Journal of Accounting Information Systems, 12(1), pp.3-19.
Lim, F.P.C., 2013. Impact of information technology on accounting systems. Asia-pacific
Journal of Multimedia Services Convergent with Art, Humanities, and Sociology, 3(2), pp.93-
106.
Data Collection Plan
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The data collection tool could be effective for getting the information in the context of the
research issue. There are two kinds of methods that could be known as the data collection tool
named primary and secondary data collection. A data collection tool is an imperative tool for
collecting data with respect to the research issue. The data collection technique is significant
method to obtain the data in the context of research matter (Tayeh, Al-Jarrah, and Tarhini, 2015).
For conducting this study, researchers will consider primary and secondary information gathering
tool to obtain accurate information on the research issue. In this researcher, different sources will
be considered by the researcher named survey through a questionnaire method, online
observation, and interview method to get the information towards the research issue. The primary
data collection could lead to getting feasible information towards the research concern (Maiga,
Nilsson, and Jacobs, 2014).
Ethical Consideration
Ethical consideration is given an opportunity to conduct a positive attitude with others.
It will be effective for obtaining a reliable outcome. For declining the ethical problems
from a research study, the researcher will use certain activities such as lack of data
manipulation, references, plagiarism, and university rules, and regulation. The
researcher should not share confidential data of the research candidates during the
research as it will be effective for making a positive image with them (Maiga, Nilsson,
and Jacobs, 2014).
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References
Bounfour, A., 2015. The management of intangibles: The organization's most valuable
assets. Routledge.
DRURY, C.M., 2013. Management and cost accounting. Springer.
Lim, F.P.C., 2013. Impact of information technology on accounting systems. Asia-pacific
Journal of Multimedia Services Convergent with Art, Humanities, and Sociology, 3(2),
pp.93-106.
Maiga, A.S., Nilsson, A. and Jacobs, F.A., 2014. Assessing the interaction effect of cost
control systems and information technology integration on manufacturing plant financial
performance. The British Accounting Review, 46(1), pp.77-90.
Schaltegger, S. and Burritt, R., 2017. Contemporary environmental accounting: issues,
concepts, and practice. Routledge.
Tayeh, M., Al-Jarrah, I.M. and Tarhini, A., 2015. Accounting vs. market-based measures of
firm performance related to information technology investments. International Review of
Social Sciences and Humanities, 9(1), pp.129-145.
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