IDEAS home Printed from https://ideas.repec.org/a/bit/bsrysr/v6y2015i2p1-17.html
   My bibliography  Save this article

Impact of ICT Innovative Momentum on Real-Time Accounting

Author

Listed:
  • Belfo Fernando

    (Polytechnic Institute of Coimbra, ISCAC, Portugal; Centro Algoritmi, University of Minho, Portugal)

  • Trigo António

    (Polytechnic Institute of Coimbra, ISCAC, Portugal; Centro Algoritmi, University of Minho, Portugal)

  • Estébanez Raquel Pérez

    (School of Computer Science, Universidad Complutense de Madrid, Spain)

Abstract

Background: Enterprises are entering into the era of the real-time economy, also called the “now economy”, which can be characterized by a substantive acceleration of business measurement, assessment and decision processes. The real-time reporting, as a phenomenon of the now economy, presents a new challenge to the Accounting Information Systems. The current long wave of prosperity is characterized by an innovative momentum of ICT, with several disruptive innovations, far from being completely utilized.Objectives: Possible future potentialities and consequences of this innovative momentum of ICT on the real-time reporting are analysed within a network scenario approach.Methods/Approach: The used approach is the Futures Wheel, a structured brainstorming method that structures ideas about future events, issues, trends, and strategy, organised under several layers of rings of consequences.Results: The innovative momentum has certain visible direct consequences such as smart mobile devices, higher business intelligence, improved enterprise architecture and enterprise application integration, cloud services offer or increased business process maturity in organizations, and a significant number of indirect consequences on the real-time accounting.Conclusions: The actual innovative momentum of ICT has a vast set of indirect opportunities for the real-time reporting which, after a proper plan, can address its implementation.

Suggested Citation

  • Belfo Fernando & Trigo António & Estébanez Raquel Pérez, 2015. "Impact of ICT Innovative Momentum on Real-Time Accounting," Business Systems Research, Sciendo, vol. 6(2), pages 1-17, September.
    • Handle: RePEc:bit:bsrysr:v:6:y:2015:i:2:p:1-17
    DOI: 10.1515/bsrj-2015-0007
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/bsrj-2015-0007
    Download Restriction: no
    File URL: https://libkey.io/10.1515/bsrj-2015-0007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Frada Burstein & Clyde Holsapple, 2008. "Handbook on Decision Support Systems 2," International Handbooks on Information Systems, Springer, number 978-3-540-48716-6, November.
    2. Uwe Cantner & Elias Dinopoulos & Robert F. Lanzillotti (ed.), 2005. "Entrepreneurships, the New Economy and Public Policy," Springer Books, Springer, number 978-3-540-26994-6, June.
    3. Wanda J. Orlikowski, 1992. "The Duality of Technology: Rethinking the Concept of Technology in Organizations," Organization Science, INFORMS, vol. 3(3), pages 398-427, August.
    4. Alles, Michael G. & Kogan, Alexander & Vasarhelyi, Miklos A., 2008. "Exploiting comparative advantage: A paradigm for value added research in accounting information systems," International Journal of Accounting Information Systems, Elsevier, vol. 9(4), pages 202-215.
    5. Vasarhelyi, Miklos A. & Alles, Michael G., 2008. "The “now” economy and the traditional accounting reporting model: Opportunities and challenges for AIS research," International Journal of Accounting Information Systems, Elsevier, vol. 9(4), pages 227-239.
    6. Masaaki Hirooka, 2005. "Nonlinear dynamism of innovation and business cycles," Springer Books, in: Uwe Cantner & Elias Dinopoulos & Robert F. Lanzillotti (ed.), Entrepreneurships, the New Economy and Public Policy, pages 289-316, Springer.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Iwona Posadzińska & Małgorzata Grzeszczak, 2022. "Management Accounting System in the Management of an Intelligent Energy Sector Enterprise," Energies, MDPI, vol. 15(20), pages 1-17, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mahdi Salehi, 2011. "A study of the barriers of implementation of accounting information system: Case of listed companies in Tehran Stock Exchange," Journal of Economics and Behavioral Studies, AMH International, vol. 2(2), pages 76-85.
    2. Cinelli, Marco & Kadziński, Miłosz & Gonzalez, Michael & Słowiński, Roman, 2020. "How to support the application of multiple criteria decision analysis? Let us start with a comprehensive taxonomy," Omega, Elsevier, vol. 96(C).
    3. Bianco, Federica & Michelino, Francesca, 2010. "The role of content management systems in publishing firms," International Journal of Information Management, Elsevier, vol. 30(2), pages 117-124.
    4. Donald Gerwin & Nicholas J. Barrowman, 2002. "An Evaluation of Research on Integrated Product Development," Management Science, INFORMS, vol. 48(7), pages 938-953, July.
    5. Mariek Vanden Abeele & Ralf De Wolf & Rich Ling, 2018. "Mobile Media and Social Space: How Anytime, Anyplace Connectivity Structures Everyday Life," Media and Communication, Cogitatio Press, vol. 6(2), pages 5-14.
    6. Cécile Godé & Jean-Fabrice Lebraty, 2008. "Decisional Fit under Turbulent Circumstances," Post-Print hal-00354480, HAL.
    7. Emmanuelle Vaast & Geoff Walsham, 2009. "Trans-Situated Learning: Supporting a Network of Practice with an Information Infrastructure," Information Systems Research, INFORMS, vol. 20(4), pages 547-564, December.
    8. Halbich, Cestmir & Vostrovsky, Vaclav, 2011. "GIS as spatial decision support system," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 3(2), June.
    9. Cécile Godé & Sébastien Brion & Amélie Bohas, 2020. "The Affordance-Actualization process in a Predictive Policing Context: insights from the French Military Police," Post-Print hal-02500125, HAL.
    10. Pradeep Racherla & Munir Mandviwalla, 2013. "Moving from Access to Use of the Information Infrastructure: A Multilevel Sociotechnical Framework," Information Systems Research, INFORMS, vol. 24(3), pages 709-730, September.
    11. repec:dau:papers:123456789/4907 is not listed on IDEAS
    12. Chris Kimble & Paul Hildreth, 2004. "Communities of Practice: Going One Step Too Far?," Post-Print halshs-00489632, HAL.
    13. Patrick Regnér & Udo Zander, 2011. "Knowledge and Strategy Creation in Multinational Companies," Management International Review, Springer, vol. 51(6), pages 821-850, December.
    14. Leroux, Erick & Pupion, Pierre-Charles, 2022. "Smart territories and IoT adoption by local authorities: A question of trust, efficiency, and relationship with the citizen-user-taxpayer," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    15. Alles, Michael, 2018. "Examining the role of the AIS research literature using the natural experiment of the 2018 JIS conference on cloud computing," International Journal of Accounting Information Systems, Elsevier, vol. 31(C), pages 58-74.
    16. François-Xavier de Vaujany & Sabine Carton & Carine Dominguez-Perry & Emmanuelle Vaast, 2012. "Performativity and Information Technologies: An inter-organizational perspective," Post-Print halshs-00851315, HAL.
    17. Peng, Zeyu & Sun, Yongqiang & Guo, Xitong, 2018. "Antecedents of employees’ extended use of enterprise systems: An integrative view of person, environment, and technology," International Journal of Information Management, Elsevier, vol. 39(C), pages 104-120.
    18. Thomas Gillier & Gérald Piat, 2011. "Exploring over the Presumed Identity of Emerging Technology," Grenoble Ecole de Management (Post-Print) hal-00641765, HAL.
    19. Célia Lemaire & Thierry Nobre, 2013. "La Pre-Appropriation D'Un Outil De Gestion A L'Hopital," Post-Print hal-00992968, HAL.
    20. Lim, Hyochang & Lee, Sang-Gun & Nam, Kichan, 2007. "Validating E-learning factors affecting training effectiveness," International Journal of Information Management, Elsevier, vol. 27(1), pages 22-35.
    21. Pamela J. Hinds & Diane E. Bailey, 2003. "Out of Sight, Out of Sync: Understanding Conflict in Distributed Teams," Organization Science, INFORMS, vol. 14(6), pages 615-632, December.

    More about this item

    Keywords

    real-time accounting; real-time reporting; accounting information system; ERP; disruptive innovations;
    All these keywords.

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bit:bsrysr:v:6:y:2015:i:2:p:1-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.