Accounting Disrupted: How Digitalization Is Changing Finance

ISBN-13: 9781119720065 / Angielski / Twarda / 2021 / 192 str.

Al Bhimani

Spis treści

Preface xiAcknowledgments xvAbout the Author xviiChapter 1 Accounting Disrupted 1Global Forces Reshaping the Digital Economy 5What Do Businesses Want? 10With Great Data Power Comes Great Responsibility 12Why Data is Growing 13If Finance Stands Still 15Notes 17Chapter 2 Unleashing Digitization 19Why is Finance Changing? 22The Rise of Digital 24Decision-Making and Information: A Warning! 35Notes 38Chapter 3 The Trouble with Finance 41Business is No Longer Linear 43Strategy Folklore 45The Importance of "?s" 50High Sales Volume Means High Profits, Right? 54How Do New Technologies Disrupt Accounting? 56What Now? 60Notes 61Chapter 4 As If Managing Costs Mattered 63Accounting Pillars 66A Risk from Which There is No Return 66Volume is Half the Story 69Growth Through Scope 76Notes 82Chapter 5 Learning is Everything 83Learn Fast: Cut Costs Faster 85Intelligent Learning 87Push the Pedal 90Notes 93Chapter 6 Performance Changes 95New Targets for Performance Management 98Whose Performance, Anyway? 99Operations Get Closer to Strategy 100Incentivizing Digitalization 101Data's Consequences 104Digitalization Makes All Enterprises Unlike 105On Being Data-Centric and Intuitive 106Predictive Performance Management 108How to Track Digitalization 110Notes 111Chapter 7 Digitalization and Auditing 113Big Data: Big Audit Questions 116RPAs, AI, and Audits 118Blockchain is Here 121Notes 128Chapter 8 Better Change Your Mind 129Unite and Conquer: The New Data Mantra 132What Skills? 137Risking Digital 140The Hidden Side of Data: Careful! 144What "New Normal"? 147Notes 150Resources 153Index 157

O autorze

AL BHIMANI, PHD, is Professor of Management Accounting at the London School of Economics. He was formerly Head of the Department of Accounting at LSE and Founding Director of LSE Entrepreneurship. He is an internationally sought-after speaker and has written several books, including Management and Cost Accounting (2019).