Accounting Disrupted: How Digitalization Is Changing Finance

Web technologies and mobile devices are driving enterprises to embark on a new wave of digitalization that is reshaping business and the global economy. Modes of data analysis in use now enable extreme corporate agility, swift strategic re-focus and fast resource allocation decisions across many businesses. Established business fundamentals are being eclipsed including accounting expertise. Conventional financial analysis is proving ineffective in dealing with the information needs of executives in organizations facing digital transformation. In fact, accounting faces a disruption unprecedented in scale. This book shows how the new digitalization wave is impacting financial expertise and the transformation in accounting that is now essential. It will be written in a direct, straight forward style with extensive explanations and a wide range of practical illustrations and case studies.