Accounting for the future: practice, Artificial Intelligence and regulation

Oprea, Octavian; Hoinaru, Razvan; Păcuraru-Ionescu, Cătălin-Paul; Neamțu, Daniela Mihaela

doi:10.2478/picbe-2022-0076

Cited by 3 publications

(2 citation statements)

References 11 publications

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“…The green accounting system has the mission to provide environmental information in order to support managerial decisions regarding costs, prices and capital budgets, information that match the needs of the external environment -stakeholders (Bartolomeo, 2000) but also information about the technology and artificial intelligence used, in its capacity as an energy consumer with an impact on the environment (Oprea et al, 2022). It should not be seen as a simple projection of environmental costs in the financial reports, this represents a developed system of accounting information able to provides a real image about the degradation degree that affects the natural elements due to the organization natural activity, and which must be use in the sense of minimise those effects and to inform all the interested parts (Todea et al, 2011).…”

Section: Literature Reviewmentioning

confidence: 99%

Green Accounting and Reporting – Achievements So Far and Opportunities Ahead: Critical Research of Sustainability Reports of Romanian Companies

Stoian

Spatariu

2023

Proceedings of the International Conference on Business Excellence

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Green accounting approach is a lever that incites all the organizations towards those activities and sustainable development strategies, where nature is above wealth, the value systems are above the corporations and humanity values more than artificial intelligence. Calculating environmental indicators represents both a management and a reporting tool. This study brings to the fore the benefits of reporting green accounting indicators at the level of organisations that report sustainability information and highlights practices for reporting green accounting elements using qualitative research methods. The results showed the relevance of introducing environmental accounting in the current activity of organizations, but also the need to standardize reporting in this sustainability field. We propose a critical analysis of the content of sustainability reports.

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Section: Literature Reviewmentioning

confidence: 99%

Green Accounting and Reporting – Achievements So Far and Opportunities Ahead: Critical Research of Sustainability Reports of Romanian Companies

Stoian

Spatariu

2023

Proceedings of the International Conference on Business Excellence

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“…Moreover, especially in public audit, the acquisition of national or international certificates or attestations is required by law to prove one's professional expertise (Borisova & Bekhteneva, 2015). In addition, in most cases, auditors train regularly or continuously, especially if employed by an audit company with a recognized reputation (Oprea et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Determinants of Audit Quality and Connections with Economic Development and Education

Păcuraru-Ionescu,

Cîmpan,

Borlea

2023

Proceedings of the International Conference on Business Excellence

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The audit has been mentioned in documents since antiquity, even if the term is not the same, and its connotations have undergone major changes. There are many topics in the economic literature connected with the audit, but one of the most important and debated by specialists is the quality of the audit. And this was viewed over time in continuous evolution. A multitude of possible determinants have been stated theoretically and investigated empirically. Our study mentions several such factors, the ones that were the most stable over time, remaining continuously in the attention of researchers. Since they are very numerous, I have cataloged them by belonging to one of the elements that revolve around the audit: the inputs to the audit mechanism, the processes, outputs and results from the audit mechanism, the market context, premature approvals or methods and practices to reduce voluntary quality. I did not select the determinants randomly, but in such a way that some macroeconomic factors of the quality of the audit can be deduced from them. We thus identified that, at least theoretically, audit quality can be associated with economic development, general education, and financial education. To research these associations, we resorted to international data, performing both univariate and bivariate descriptive analysis based on maps, as well as a multivariate analysis based on hierarchical clustering. Due to the different typology of the available variables, we performed standardization to bring them all to the same statistical distribution, with possible values between 0 and 100. Hierarchical clustering uses Ward linkage for the grouping of units and the Euclidean distance between them. The groupings show a certain hierarchy between the groups in relation to the observed variables, but this is not perfect, as there are also atypical behaviors. We managed to identify some common behavioral patterns of the world’s countries, which we analyzed both economically and geographically.

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Harmonizing Accounting and Artificial Intelligence for the Sustainability of the Accounting Profession

Jaya,

Ilahiyah

2024

Artificial Intelligence Approaches to Sustainable Accounting

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The sustainability of the accounting profession is starting to be questioned. Will it still exist, or will it be replaced by technology? This chapter will provide a literature review on the relationship between accounting and artificial intelligence and harmonize them to maintain the sustainability of the accounting profession in Indonesia. The authors conducted this literature review process using the bibliometric analysis method and described it by embedding several assumptions from various literature opinions. In the end, according to the authors' point of view, the accountant profession will not be completely displaced by technology, but the presence of technology will actually facilitate the work of accountants, so that all processes are carried out by system and not manually. This shorter way will produce more accurate, faster, and less workforce output. Meanwhile, the presence of technology can also reduce the need for human resources (accountants). Nevertheless, the emergence of technology also opens up opportunities for the accounting profession with new technology-related expertise, such as digital forensic accounting, environmental management accounting/green accountant, and information systems-based auditing. The green accountant is an accountant who performs green accounting practices. Therefore, the scope of accounting today is no longer limited to financial matters, but also includes social and environmental matters. This integration of financial, social, and environmental accounting is called green accounting.

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Accounting for the future: practice, Artificial Intelligence and regulation

Cited by 3 publications

References 11 publications

Green Accounting and Reporting – Achievements So Far and Opportunities Ahead: Critical Research of Sustainability Reports of Romanian Companies

Green Accounting and Reporting – Achievements So Far and Opportunities Ahead: Critical Research of Sustainability Reports of Romanian Companies

Determinants of Audit Quality and Connections with Economic Development and Education

Harmonizing Accounting and Artificial Intelligence for the Sustainability of the Accounting Profession

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