Accounting Disrupted: How Digitalization Is Changing Finance

Bhimani, Al

ISBN 10: 1119720060 / ISBN 13: 9781119720065

Published by Wiley, 2021

About this Item

. Satisfaction 100% guaranteed.

Seller Inventory # mon0002765471

Bibliographic Details

• Title: Accounting Disrupted: How Digitalization Is Changing Finance
• Publisher: Wiley
• Publication Date: 2021
• Language: English
• ISBN 10: 1119720060
• ISBN 13: 9781119720065
• Binding: hardcover
• Condition: Good

About this title

Synopsis

Accounting Disrupted: How Digitalization is changing Finance delivers a powerful analysis of the new technological forces buffeting the accounting profession and identifies key pathways to responding to the challenges. Al Bhimani, distinguished accountant, academic, and author, shows readers how established business fundamentals are being eclipsed and that accounting has not been spared.

You'll learn:

• How the new realities of digitalization, including big data and AI, are affecting audit work and financial management practices
• How learning fast about and from more diverse data sources is essential to the new accounting environment
• Why accounting information must start to speak to what will take place rather than about financial activities that have occurred
• What finance must do in a world of changing risks, data growth, fast digitization, and increased regulation

The author makes a compelling case that accounting now faces a crunch: it needs to reshape itself from the core because conventional financial analysis is proving too cumbersome and slow for executives in digitalized organizations. In a straightforward and illustrated style packed with case studies and practical examples, he shows readers how big data, blockchain, robotic process automation, and artificial intelligence, can help accountants adapt to new realities.

Perfect for finance leaders in both the private and public sectors, Accounting Disrupted also belongs on the bookshelves of accounting students who wish to better prepare for the technological and professional environment in which they’ll shortly find themselves.

About the Author

AL BHIMANI, PHD, is Professor of Management Accounting at the London School of Economics. He was formerly Head of the Department of Accounting at LSE and Founding Director of LSE Entrepreneurship. He is an internationally sought-after speaker and has written several books, including Management and Cost Accounting (2019).