Assignment 2 – The New Technology and Its Impact on Accounting

Assignment 2 – The New Technology and Its Impact on Accounting
New know-how developments have at all times pressured the accounting career to evolve and redefines how accountants interacts with enterprise processes.
The goal of this task is to survey and evaluate varied new know-how and its influence on the accounting career. You’ll select ONE of the next latest know-how developments and talk about it completely.
From latest lectures select ANY ONE of the next matter:
1. Information Analytics
2. Massive Information
three. Synthetic Intelligence & Automated Resolution Techniques
four. Cryptocurrencies (Bit Coin)
5. Block-chain
6. RPA (Robotic Course of Automation
7. NFT (Non-fungible tokens
Chances are you’ll construction your report within the following format:
1. Introduction of the know-how (what’s it and what does it do)
2. How does it influence enterprise and accounting processes?
three. What are the accountants’ roles with respect to the brand new adjustments?
four. Conclusion
Observe:
1. The task might be achieved individually or collaboratively in a workforce of two members. For workforce work, every member is anticipated to contribute equally and will obtain the identical mark.
2. The report needs to be saved in Microsoft phrase or PDF file. Handwritten homework is just not acceptable.
four. Please submit your task on-line to the dropbox in iLearn web site earlier than the due date specified on iLearn.

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Assignment 2 – The Impact of New Technology on Accounting

Advances in know-how have at all times compelled the accounting career to develop and reinvent how accountants work together with company processes.
This task’s aim is to evaluate and evaluate quite a few new applied sciences and their influence on the accounting career. You’ll select ONE of the next present technological developments and completely clarify it.

CHOOSE ANY ONE OF THE FOLLOWING TOPICS FROM RECENT LECTURES:

1. Information Mining

2. Huge Information Units

three. Synthetic Intelligence and Laptop-Aided Resolution-Making Techniques

four. Cryptocurrency (Bit Coin)

5. Block-chain

RPA (Robotic Course of Automation)

7. Non-fungible tokens (NFT)

You’ll be able to format your report within the following means:

1. The introduction of know-how (what’s it and what does it do)

2. Describe how