Information Technology and Accounting

4117 Words Apr 28th, 2012 17 Pages
International Journal of Trade, Economics and Finance, Vol. 1, No. 1, June, 2010 2010-023X

Information Technology roles in Accounting Tasks – A Multiple-case Study
Maria do Céu Gaspar Alves accounting, the relationship between IT and accounting has been studied relatively little” (Granlund, 2007:3). Based on a literature review of earlier research and empirical studies we conclude that there is a very limited knowledge about the impact of the most recent IT developments in the accounting field (Granlund, 2007). Although IT clearly plays an important role in accounting (Efendi et al., 2006) and management control (Dechow et al., 2007), this relationship has not been studied enough. Existing research has focused mostly on the relation
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Thus, IT and accounting systems would be a major component of accounting research. “While it is widely acknowledged that IT plays an important role (and increasingly so) in the field of

II. LITERATURE REVIEW The impact of modern information technologies in companies is broad and manifested in the most varied ways. Integrated systems, such as ERP systems, Internet, Intranet, and so on, walk hand in hand with the most recent developments in company know-how. Some of these technologies, with their widespread use, especially the Internet, have altered the way companies work and their accounting organization (Granlund, 2007). “Prior to the emergence of this environment, the presence of IT in the organization has typically taken the form of specific computer application systems, such as accounts payable and financial reporting systems, which either automate specific operational procedures or support certain managerial processes” (Teng & Calhoun, 1996:674). It is usually argued that the first use of an information system was in relation to 103

International Journal of Trade, Economics and Finance, Vol. 1, No. 1, June, 2010 2010-023X

accounting (Rom & Rohde, 2007), because often IT was about the firm’s financial ledgers and reporting systems (Granlund & Mouritsen,