Accounting information systems: the challenge of the real-time reporting

Real-time reporting in accounting or simply real-time accounting offers many benefits when compared to conventional periodic reporting. Traditionally, enterprises require financial or non-financial reporting based on quarterly and annual periods. Yet, the rapid change that occurs on market and socie...

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Detalhes bibliográficos
Autor principal: Trigo, António (author)
Outros Autores: Belfo, Fernando (author), Estébanez, Raquel Pérez (author)
Formato: conferencePaper
Idioma:eng
Publicado em: 2014
Assuntos:
Texto completo:http://hdl.handle.net/1822/64054
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/64054
Descrição
Resumo:Real-time reporting in accounting or simply real-time accounting offers many benefits when compared to conventional periodic reporting. Traditionally, enterprises require financial or non-financial reporting based on quarterly and annual periods. Yet, the rapid change that occurs on market and society causes this periodic reporting to become quickly outdated. Higher competition among enterprises demands for more updated information to enable management to rapidly adapt to opportunities and answer problems. Real-time accounting addresses these needs, but needs new technological answers. In this article we present some technologies which can help the implementation of real-time accounting, namely, business process management, mobile devices, cloud computing, business intelligence, enterprise architecture and enterprise application integration.