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Industry 4.0 and Accounting: Challenges and Opportunities

Author

Listed:
  • Petya Petrova

    (University of Veliko Tarnovo, Bulgaria)

Abstract

The integration of contemporary information and communication technologies in industry changes requirements for companies to their management and financial information useful input for decisions about providing resources to an entity. This paper aims to focus on some guidelines of accounting` s development and improvement as a result of Industry 4.0. There is characterized the essence of cloud accounting, defined as a technology of future by using decriptive, logic and SWOT analysis.

Suggested Citation

  • Petya Petrova, 2018. "Industry 4.0 and Accounting: Challenges and Opportunities," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 135-144, July.
    • Handle: RePEc:nwe:natrud:y:2018:i:3:p:135-144
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    File URL: http://unwe-research-papers.org/bg/journalissues/article/9990
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    More about this item

    Keywords

    accounting; cloud accounting; Industry 4.0;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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