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As businesses go digital, accounting takes on a new meaning

Bhimani, Alnoor (2021) As businesses go digital, accounting takes on a new meaning. LSE Business Review (18 Jun 2021). Blog Entry.

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Abstract

Traditionally, accounting systems have focused on the rear-view mirror, capturing information about economic transactions that have occurred. Now, however, digital data can point to future economic exchanges. Al Bhimani writes that, if accountants are to retain their usefulness, rather than recording retrospective insights, they must report on predictive insights based on data analysis that is much wider than what accounting information systems have been set up to do.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Author
Divisions: Accounting
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 23 Aug 2021 09:03
Last Modified: 23 Aug 2021 09:03
URI: http://eprints.lse.ac.uk/id/eprint/111092

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