CAN AN ACCOUNTING INFORMATION SYSTEM
SUBSTITUTE AN ACCOUNTANT?
Professor in Accounting and Audit, Head of Economic and Planning Department,
344092, Southern Federal University, Rostov-on-Don, Russia.
Key words: Accounting, Information
Systems, Mathematical foundations
The development of modern technologies in accounting models
has got a great foundation for growth. Defining accounting as a system, it is
obvious that the data of such a system will be based on quite familiar to us
principles - mathematics. The earliest reference to the fact that the basis of
accounting is just a mathematical component contained the work of an Italian
monk L.Pacioli in "Treatise on the accounts and records" and till
this day all the manual and computerized accounting systems in their logical
construction are based on the principles and processes, that Pacioli described (Sangster and Scataglinibelghitar, 2010).
if we try to trace the development of accounting from that time, we will see
that the majority of the authors treated the mathematical component of accounting
as granted. At the same time mathematical approach was often offset against the
backdrop of the development of different accounting forms and techniques
dictated by procedural accountants thinking. As far as any accounting operation
can be represented by matrix equations this adds to the understanding of alternative
processes of recording transactions and the mathematical generation of essential
accounting reports (Vysotskaya, et al., 2016).
the whole world is blinded by the ongoing processes of globalization and
integration, it is necessary to be extremely careful in the regard that the neglecting
of the obvious laws would not led to another errors and would not replace the
essence of accounting by the variety of procedures. Since the objective of any
economic study lies in careful study and analysis of the current conditions and
in order to make the best management decision, the new economic realities and
the associated risks and challenges for the economy of today need an integrated
this regard, accounting development has always been a kind of response to the
development of relations between people, and the methods of such relations implementation.
Today accounting and business have no other possibility, how to go "in
step with the times". Thus artificial inhibition of this process will
brake all the developing in parallel with the information technology business
processes. At the same time it would be wrong to suppose that modern software
is able to eliminate the human factor from the accounting process completely.
As well as the release of the accountants from accounting process is rather
risky. The accounting software should be an effective set of tools in the hands
of a master – an accountant. Thus, excluding accountants from the accounting
process can cause significant negative consequences for the business.
A, Scataglinibelghitar G. (2010). Luca Pacioli: The Father of Accounting
Education.// Accounting Education 19(4):423-438, August.
A., Kolvakh, O., & Stoner, G. (2016). Mutual calculations in creating
accounting models: A demonstration of the power of matrix mathematics in
accounting education. Accounting Education. doi:10.1080/09639284.2016.1191273.