Research on the Influence of Informatization

1698 Words7 Pages
Running head: RESEARCH ON THE INFLUENCE OF INFORMATIZATION 1

Research on The Influence of Informatization On The Accounting
Theories and Practices and Real-time Control in China
Yang Lu
Fairleigh Dickinson University

RESEARCH ON THE INFLUENCE OF INFORMATIZATION 2

Abstract

The 21st century is an information age of rapid development and the computer is more and more widely used in every country. As a development country, China is effecting by the increasing improvement of modern science technology in every field. In the accounting field, with the appearance of computerization, accounting information processing has a
…show more content…
In the information age, accounting period shorten the spatial distance between the enterprise and the entity. At the same time, network technology provides the possibility of the financial management to understand financial position and business performance. Therefore, in this circumstance, accounting period is a week or a month, however, it could not be shorter because the business of some enterprises have periodicity and continuity. If the division of accounting cycle is too small, it is difficult to reflect the various business position and evaluate the business of enterprise and the development in the future. Quality of accounting information includes reliability, relativity, timeliness and some other features, and it directly connect with the decision-making and operating result. Impact from accounting informatization, accounting information system (AIS) belongs to the management control layer and presents the accounting principle. At the same time, it will make for the improving of accounting information quality.
RESEARCH ON THE INFLUENCE OF INFORMATIZATION 5 Last of these aspects is accounting measurement that generally utilizes the historical cost to measure. However, due to accounting informatization, the measurement is gradually developing a new mode of cost-based and combination with market value. Under this situation,
Get Access