Affiliation:
1. University of Bolton, UK
Abstract
Demand for the implementation of innovative technologies in accounting continues to grow in lockstep with the advancement of technology innovation. The objectives of this chapter are to familiarise readers with current and potential innovative accounting technologies for obtaining high-quality data and to identify success factors for enterprises implementing these technologies. This chapter expects to provide businesses with practical approaches and recommendations for successfully implementing innovative accounting technologies through a thorough presentation and critical evaluation of the aforementioned key topics. In terms of business success, an effective application can help businesses gain a competitive edge by providing more relevant and reliable accounting and management information necessary to navigate today's difficult economic conditions and volatile business environment.