Proceedings of the 2022 3rd International Conference on E-commerce and Internet Technology (ECIT 2022)

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The Empowerment and Subversion of Information Technology to Accounting Information System

Authors
Yuxue Chen1, Xiaqiu Long1, *
1Accounting School, Sichuan University Jinjiang College, Chengdu, China
*Corresponding author. Email: hd@wdu.edu.cn
Corresponding Author
Xiaqiu Long
Available Online 10 November 2022.
DOI
10.2991/978-94-6463-005-3_38How to use a DOI?
Keywords
Information Technology; Accounting Information Systems; Numbers and Data; Accounting Algorithms
Abstract

In the era of digital economy, the accounting information system is facing unprecedented challenges: the principal is further refined into investment investors (small and medium shareholders) and management investors (large shareholders), which makes the “second type of agency problem” widely exist, which in turn promotes obvious changes in information demanders; however, from another perspective, based on the empowerment and subversion of information technology, the development of accounting information systems can be described as even more powerful. To this end, the author proposes: firstly, reshape the accounting information system based on “blockchain technology” and replace “numbers” with “data”; secondly, use “big data + machine learning” to reconstruct accounting algorithms to realize disruptive innovation on financial calculation and forecasting; finally, add data asset elements to the balance sheet to realize the instant and visualization of information disclosure.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 3rd International Conference on E-commerce and Internet Technology (ECIT 2022)
Series
Atlantis Highlights in Engineering
Publication Date
10 November 2022
ISBN
978-94-6463-005-3
ISSN
2589-4943
DOI
10.2991/978-94-6463-005-3_38How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yuxue Chen
AU  - Xiaqiu Long
PY  - 2022
DA  - 2022/11/10
TI  - The Empowerment and Subversion of Information Technology to Accounting Information System
BT  - Proceedings of the 2022 3rd International Conference on E-commerce and Internet Technology (ECIT 2022)
PB  - Atlantis Press
SP  - 384
EP  - 392
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-005-3_38
DO  - 10.2991/978-94-6463-005-3_38
ID  - Chen2022
ER  -