Technological revolution in the business world and some opportunities and challenges in the accounting field
DOI:
https://doi.org/10.11606/issn.1982-6486.rco.2020.165516Keywords:
Technological Revolution, Business, Accounting, Auditing, Disruptive InnovationAbstract
This paper presentes na analysis on how the technological revolution in the business world brings new challenges and opportunities for professionals, professors, researchers and students, mainly, in the accounting and auditing fields. The disruptive innovations bring significant changes in professional occupations and in their activities that could be computerized (automated). Based on prior studies that analyze the computerization of professions, this paper presents some ways for professionals and academics to develop their activities and new possibilities considering the changes that occur as a consequence of disruptive innovations and how to seek new knowledge from initiatives developed together. From a professional perspective, the more the advisory and advisory activities the lower the risk of computerization. From an academic perspective, bring new tools available in programming languages to extract and interpret data and texts to develop new variables and approaches can contribute to new research opportunities.
Downloads
References
Arntz, M., T. Gregory & U. Zierahn. (2016). The Risk of Automation for Jobs in OECD Countries: A Comparative Analysis. OECD Social, Employment and Migration Working Papers, 189, OECD Publishing, Paris. DOI: https://doi.org/10.1787/5jlz9h56dvq7-en.
Baker, S., Bloom, N., & Davis, S. (2016). Measuring Economic Policy Uncertainty. The Quarterly Journal of Economics, 131, p. 1593-1636.
Cardoso, J. A. S., Farias Filho, J. R., Cardoso, M. M. S., Deiro, R. M. & Oliveria, U. R. (2007). Gestão da diversidade: uma gestão necessária para estimular a inovação e aumentar a competitividade das empresas de contabilidade e auditoria. Pensar Contábil, 9 (36).
Costa, L., Sampaio, J. O., & Flores, E. S. (2019). Diversidade de Gênero nos Conselhos Administrativos e sua Relação com Desempenho e Risco Financeiro nas Empresas Familiares. Revista de Administração Contemporânea, 23 (6), p. 721-738. DOI: https://doi.org/10.1590/1982-7849rac2019180327.
Elliott, W.B., Grant, S.M. & Hodge, F.D. (2018). Negative News and Investor Trust: The Role of $Firm and #CEO Twitter Use. Journal of Accounting Research, 56, p. 1483-1519. DOI: 10.1111/1475-679X.12217.
Bushee, B., Gow, I., & Taylor, D., 2018. Linguistic complexity in firm disclosures: obfuscation or information? Journal of Accounting Research, 56, p. 85-121.
Codesso, M. M., Silva, P. C., Vasarhelyi, M., & Lunkes, R. J. (2018). Continuous Audit Model: Data Integration Framework . Revista Contemporânea de Contabilidade, 15 (34), p. 144-157.
Frey, C. B, & M. A. Osborne (2017). The future of employment: How susceptible are jobs to computerisation? Technological Forecasting and Social Change, 114, p. 254-280. DOI: https://doi.org/10.1016/j.techfore.2016.08.019.
Gillette, J., & G. Pundrich (2019). Investments in Accounting Resources and the Implications for External Reporting and Disclosure. SSRN. DOI: http://dx.doi.org/10.2139/ssrn.3496434.
Gomes, J. S. (1979). A profissão contábil no Brasil: uma visão crítica. Revista de Administração de Empresas, 19(2), p. 99-106. DOI: https://dx.doi.org/10.1590/S0034-75901979000200007.
Gonçalves, E. B. P., Espejo, M. M. S. B., Altoé, S. M. L. & Voese, S. B. (2016). Gestão da diversidade: um estudo de gênero e raça em grandes empresas brasileiras. Enfoque: Reflexão Contábil, 35 (1), p. 95-111.
Ham, C., Lang, M., Seybert, N. & Wang, S. (2017), CFO Narcissism and Financial Reporting Quality. Journal of Accounting Research, 55, p. 1089-1135. DOI:10.1111/1475-679X.12176.
Hoberg, G., & Phillips, G. (2010) Product market synergies in mergers and acquisitions: A text based analysis. Rev. Financial Stud., 23(19), p. 3773–3811.
Hoberg, G., & Phillips, G. (2018). Conglomerate industry choice and product language. Management Science, 64, p. 3469-3970.
Loughran, T., & Mcdonald, B. (2016). Textual Analysis in Accounting and Finance: A Survey. Journal of Accounting Research, 54, (4). DOI: 10.1111/1475-679X.12123.
Martins, E., Martins, V. A. & Martins, E. A. (2007). Normatização contábil: ensaio sobre sua evolução e o papel do CPC. RIC/UFPE - Revista de Informação Contábil, 1 (1), p. 7-30.
Napier, C. J. (2011). Accounting at the London School of Economics: Opportunity lost? Accounting History, 16(2), p. 185–205. DOI: 10.1177/1032373210396333.
Silva, D. J. M. & Silva, M. A. (2018). Mulheres na contabilidade: os estereótipos socialmente construídos sobre a contadora. Advances in Scientific and Applied Accounting, 11 (1), p. 071-091.
Simon, H. A. (1986). Rationality in Psychology and economics. Journal of Business, 59, p. S209-S224.
Tysiac, K., & Drew, J. (2018). Accounting firms: The next generation. CPA Journal, 1. Disponível em: https://www.journalofaccountancy.com/issues/2018/jun/next-generation-accounting-firms.html.
Vasarhelyi, M. A., Teeter, R. A., & Krahel, J. P. (2010). Audit Education and the Real-Time Economy. Issues in Accounting Education, 25 (3), p. 405-423.
Downloads
Published
Issue
Section
License
The RCO adopts the Free Open Access policy, under the standard Creative Commons agreement (CC BY-NC-ND 4.0). The agreement provides that:
- Submission of text authorizes its publication and implies commitment that the same material is not being submitted to another journal. The original is considered definitive.
- Authors retain the copyright and grant the journal the right of first publication, with the work simultaneously licensed under the Creative Commons Attribution License which allows the sharing of the work with acknowledgment of authorship and initial publication in this journal.
- Authors are authorized to take additional contracts separately, for non-exclusive distribution of the version of the work published in this journal (e.g. publish in an institutional repository or as a book chapter), with necessary recognition of authorship and initial publication in this journal.
- Authors are allowed and encouraged to publish and distribute their work online (e.g. in institutional repositories or on their personal page) before or during the editorial process, as this can generate productive changes as well as increase the impact and citation of published work (See The Effect of Free Access).
- The journal does not pay copyright to the authors of the published texts.
- The journal's copyright holder, except those already agreed in the Free Open Access Agreement (CC BY-NC-ND 4.0), is the Accounting Department of the Faculty of Economics, Administration and Accounting of Ribeirão Preto of the University of São Paulo.
No submission or publication fees are charged.
Up to 4 authors per article are accepted. Exceptionally duly justified cases may be reviewed by the Executive Committee of the RCO. Exceptional cases are considered as: multi-institutional projects; manuscripts resulting from the collaboration of research groups; or involving large teams for evidence collection, construction of primary data, and comparative experiments.
It is recommended that the authorship be ordered by contribution of each of the individuals listed as authors, especially in the design and planning of the research project, in obtaining or analyzing and interpreting data, and writing. Authors must declare the actual contributions of each author, filling the letter to the editor, at the beginning of the submission, taking responsibility for the information given.
Authors are allowed to change throughout the evaluation process and prior to the publication of the manuscript. The Authors should indicate the composition and final order of authorship in the document signed by all those involved when accepted for publication. If the composition and authoring order is different than previously reported in the system, all previously listed authors should be in agreement.
In the case of identification of authorship without merit or contribution (ghost, guest or gift authorship), the RCO follows the procedure recommended by COPE.