The Future of Accounting Profession in an Era of Start-Ups

Burak Ozdogan

A chapter in Accounting and Corporate Reporting - Today and Tomorrow from IntechOpen

Abstract: With the help of the advancements in the field of communication and information technologies, the number of IT-based software has rapidly increased and the capabilities of high-budget enterprise resource planning (ERP) software widely used by large enterprises have begun to be offered to small and medium-sized enterprises (SMEs). In this chapter, cloud computing and other information technologies based accounting start-ups are covered, and the effects of these highly increasing start-ups on the profession of accounting have been addressed. In conclusion, it has been predicted that technology-based accounting start-ups with both accounting professionals and entrepreneurs having an expertise on information technologies will come together and will increase in the future, and cloud-based accounting initiatives will shape the future of the profession.

Keywords: accounting profession; technology; start-up; big data; accountant (search for similar items in EconPapers)
JEL-codes: G0 M41 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:118626

DOI: 10.5772/intechopen.69264

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