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Describe the technology current impact on the AIS

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Question - IT is continually changing the nature of accounting and the role of accountants. There are several new technologies that impact accounting information systems including XBRL, artificial intelligence, ERP systems, data analytics, blockchain, and smart contracts. Conduct some research a new technology and write report describing the following:

1. What you think the nature of the accounting function and the accounting information system in a large company will be like in the year 2030.

2. Describe the technology's current impact on the AIS and how it is used in actual businesses or how an attempt to implement it failed.

3. Describe any career opportunities that may have been a result of this new technology.

4. Explain any legal challenges towards managing computer crimes with regards to this new technology. Will computer crimes increase or decrease? List examples of possible crimes surrounding this technology.

5. Will new internal controls be required if a company wants to use this new technology? Why or why not? Describe control activities and procedures used surrounding this technology and if auditors can use this new technology to help prevent or discover fraud?

6. Explain why documenting the use of this new technology in accounting information systems is important to an organization and its auditors and how an auditor would document it.

7. Explain the importance of ethical behavior within the environment of computerized accounting information systems specifically relating to this new technology.  This is a research paper for which you should have a minimum of two articles referenced.

Reference no: EM132866464

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