Industry 4.0 and Accounting: a theoretical approach

Authors

DOI:

https://doi.org/10.26642/ppa-2022-2(6)-32-39

Keywords:

Industry 4.0, Accounting, Innovative technologies, Accounting information

Abstract

This research aims to provide a systematic analysis of the impact of industry-4 on the accounting system, by analyzing the existing literature, contemporary concepts, data and gaps for future research directions.

This research uses information from existing literature collection of publishing databases from 2008 to 2022 were explored using the keywords “Industry 4.0” “accounting”, “accounting information” in their title and abstract to examine which publications to be included. Based on the search, a total of 90 journal articles were selected, and information was collected.

The influence of Industry 4.0 on the accounting system is determined and the technologies affected by the fourth industrial revolution in terms of accounting (Big Data or Data Analytics, Cloud Computing, AI, Blockchain, Internet of Things (IoT), Robotic Process Automation) and changes waiting for the profession of accountant. The coordination of efforts of business, education and the state in the context of the development of Industry 4.0 technologies was noted.

Author Biographies

Oksana Onyshchenko, Kremenchuk Mykhailo Ostrohradskyi National University

Ph.D. in Economics, Associate Professor of the Department of Accounting and Finance, Member of the Federation of Accountants, Auditors and Financiers of the AIC of Ukraine. She was a reviewer of the International competition of student research papers in the specialty “Enterprise, Trade and Exchange Activities” and in the specialty  “Management”. She teaches disciplines taught: Strategic Management Accounting, Strategic Analysis, Accounting and Reporting in Taxation, Management Accounting, Accounting in the sectors of the national economy. Author of more than 100 scientific works. Scientific interests: financial accounting, financial decentralization, management accounting, logistics, economics and management. ResearcherID: AAC-6777-2019

Zaneta Simanaviciene, Mykolas Romeris University

Dr. habil., Professor 

Nataliia Semenyshena, Podillia State University

Dr.Sc. in Economics, Professor

 

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Published

2022-12-30

How to Cite

Onyshchenko, O. ., Simanaviciene, Z., & Semenyshena, N. (2022). Industry 4.0 and Accounting: a theoretical approach. Public Policy and Accounting, (2(6), 32–39. https://doi.org/10.26642/ppa-2022-2(6)-32-39

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No. 2(6) (2022)

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Copyright (c) 2023 Oksana Onyshchenko, Zaneta Simanaviciene, Nataliia Semenyshena

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