The Implications of Industry 4.0 for the Accounting and Auditing Profession
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- Description
- Contents
- About
Industry 4.0 is gradually changing the face of many aspects of human activity. From manufacturing to construction and business, data analytics, blockchain and artificial intelligence, among others, show promise and could lead to a paradigm shift within the accounting profession.
The Implications of Industry 4.0 for the Accounting and Auditing Profession delves into the profound impacts of digital technologies such as artificial intelligence, blockchain, and data analytics on traditional practices. At a time when the accounting sector faces increasing demands for transparency, speed, accuracy, and security, the introduction of these technologies could not be more critical.
The book aims to equip professionals and students in the accounting and auditing fields with a comprehensive understanding of how digital transformation under Industry 4.0 can be leveraged to enhance audit quality, efficiency, and reliability. It explores various facets, including the automation of routine tasks, the enhancement of decision-making processes, and the potential for real-time auditing.
The Emerald Studies in Industry 4.0 and the Accounting and Auditing Profession series broadly examines the intersection of Industry 4.0 technologies with accounting and auditing practices, detailing new developments such as the use of AI for financial statement audits, blockchain for enhancing transparency, and the implications of these technologies for risk management, compliance, and strategic decision-making.
Introduction; Afef Khalil, Imen ben Slimene, Mahmoud Elmarzouky, and Khaled Hussainey
- Chapter 1. Accounting in the Age of Digitalization: Transformations and Strategic Adaptations; Amna Rizvi and Syed Haider Ali
- Chapter 2. Impact of Digitalization on Legal Audits in Morocco: Lessons from the COVID-19 Crisis and Implications for Sustainable Development; Azzouz Elhamma and Oubada Harazem
- Chapter 3. Using Robots in the Auditing Profession; Saher Aqel
- Chapter 4. Auditing 4.0, Audit Profession and Future Audit Professionals in Ghana; Daniel Agyapong, Vincent Adela, Stephanie Efua Frimpong, Cornelius Adorm-Takyi, and Leticia Sam
- Chapter 5. Digitalisation and Its Impact on the Accounting Profession; Mohammed Ibrahim and Sirajo Murtala
- Chapter 6. How Can Blockchain Innovation Affect the Audit Profession; Ileyas Rizvi
- Chapter 7. Essential, Regulatory, and Technological Challenges of Financial Statement Auditing in Modern Conditions; Nizar Baklouti
- Chapter 8. A Review of Electric Vehicles in the Context of Environmental Accounting under Industry 4.0; Osman Nuri Şahin and Halime Özal
- Chapter 9. How Can Leaders and Management Encourage the Application of Robotics in Auditing? Case of Iraq; Raed Atef and Yasir Fahd
- Chapter 10. Digital Technologies’ Impact on the Auditing Process; Ileyas Rizvi
- Chapter 11. Sustainability Reporting in the Era of Industry 4.0; Kennedy Modugu
- Chapter 12. Blockchain in Auditing Profession: Challenges and Opportunities of Digital Transformation; Younes Karrouk El Maroufi, Tomás Aznar Sanchez, Maria Luisa Medrano Garcia, and Luis Maria Fornies Sanchez
Afef Khalil is Assistant Professor of Accounting at the Higher Institute of Accounting and Business Administration (ISCAE), University of Manouba, Tunisia.
Imen ben Slimene is Associate Professor in Finance and Accounting at the Upper-Alsace University-UHA, France.
Mahmoud Elmarzouky is Associate Professor of Accounting at the University of St Andrews, UK.
Khaled Hussainey is Professor of Accounting at Bangor University, UK.