Accounting trends in the modern world

doi:10.14807/ijmp.v11i9.1430

Paper

Accounting trends in the modern world

Published Nov 1, 2020 · N. Melnyk, D. Trachova, O. Kolesnikova

Independent Journal of Management & Production

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17

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Abstract

The purpose of the article is to determine the current directions and future trends in the development of accounting. The conclusions made on the basis of research materials, surveys, reports of reputable international and professional accounting organizations. Synthesis and analysis reveal that some trends and drivers among analyzed will be more significant (such as globalization of business and the profession; spread of digital technologies; expectations of business and professional accountants) than others (such as regulation and governance) and will, in varying degrees, affect specific accounting roles, skills, knowledge. As a result of research, was determined that modern accounting professionals move from performing technical accounting functions (hard skills) to support the companies` management and play a significant role in improving the development of society. It is established that the main thing in the strategy of accounting companies` progress (both large and SMEs) and accounting

Study Snapshot

Modern accounting professionals are shifting from technical functions to supporting management and playing a significant role in improving society's development.

PopulationOlder adults (50-71 years)

Sample size24

MethodsObservational

OutcomesBody Mass Index projections

ResultsSocial networks mitigate obesity in older groups.

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Accounting trends in the modern world

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Citations

Recrafting the accounting curriculum to enhance employability of graduates: A Ghanaian case

Ghanaian accounting curricula need substantial changes to teach 21st-century skills, balance practical and theoretical skills, and uphold strong ethical standards to reduce unemployment among graduates.

Adjustment and optimization of the competence structure of accountants in digital transformation

The optimized main-core competency structure for accountants in digital transformation emphasizes digital technology application, professional knowledge, and behavioral motivation and ethics, leading to high-quality accounting work development.

The Impact of Accounting on the Business Climate in the EU Countries

Higher education levels of accountants positively impact the Ease of Doing Business Index in EU countries, while the number of accountants does not directly impact it.

ACCOUNTING, CULTURE, AND HINDUISM: A NARRATIVE REVIEW

Balinese Hindu culture significantly influences accounting practices, reflecting community beliefs and values, such as justice, ethics, and social responsibility.

Accountant Competence and Independence in Providing Accountancy Services to Small and Medium-Sized Entities: Evidence from a Developing Economy Perspective

Accountants' competence and independence positively impact the delivery of accounting services to SMEs in Ghana, ensuring economic growth and employment.

TRENDING TOPICS OF ACCOUNTING RESEARCH: EXPERIENCE OF UKRAINE

Ukraine's accounting research trends do not align with European or national development strategies, requiring scientists to choose between useful developments for local practice or global issues.