Year: 2014
Type: article
Abstract: In recent years, "Big Data" has attracted increasing attention. It has already proved its importance and value in several areas, such as aerospace research, biomedicine, and so on. In "Big Data" era, financial work which is dominated by transaction, business record, business accounting and predictions may spring to life. This paper makes an analysis about what change that "Big Data" brings to Accounting Data Processing, Comprehensive Budget Management, and Management Accounting through affecting the idea, function, mode, and method of financial management. Then the paper states the challenges that "Big Data" brings to enterprise aiming to illustrate that only through fostering strengths and circumventing weaknesses can an enterprise remain invincible in "Big Data" era.
Source: Open Journal of Accounting
Authors: Ming Ke, Yuxin Shi
Institution: Beijing Wuzi University
Language: English
Subfield: Information Systems and Management
Field: Decision Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2007262823