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On the Impact of Big Data on Management Accounting

In: Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

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  • Fengrui Liu

    (Hunan University)

Abstract

This paper discusses the impact of Big data on management accounting. With the rapid development of information technology and the continuous enhancement of data storage capacity, Big data has become an indispensable part of enterprise management. In the field of management accounting, the application of Big data is attracting wide attention. This paper first introduces the concept and role of management accounting, and then analyzes the application of Big data in management accounting, including data collection, processing, analysis and prediction. Then it discusses the impact of Big data on the role and skill requirements of management accountants, and looks forward to the future development of Big data in the field of management accounting. This paper aims to provide management accounting professionals and enterprise decision-makers with certain references and references to help them better cope with the management challenges of the Big data era.

Suggested Citation

  • Fengrui Liu, 2023. "On the Impact of Big Data on Management Accounting," Advances in Economics, Business and Management Research, in: Amalendu Bhunia & Rubi Binti Ahmad & Yifeng Zhu (ed.), Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023), pages 299-306, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-298-9_33
    DOI: 10.2991/978-94-6463-298-9_33
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