The Impact of Big Data on Accountants

The impact of big data on the accounting field mainly includes the impact on financial accounting and management accounting, as follows:

First of all, the impact on financial accounting are:

1, the impact on the sources of accounting information: traditional accounting information mostly comes from structured data, which can be analyzed, utilized or even directly adopted, while the era of big data brings more unstructured data, which also has a certain impact on the sources of accounting information;

2. Impact on asset measurement: As big data plays an increasingly important role in the accounting industry and is gradually widely used, we have to consider the impact of big data on asset measurement;

3. The management functions of financial management personnel have changed: the original functions basically positioned financial personnel in the work of collecting documents, customizing vouchers, checking, closing accounts, reporting and archiving. In the era of big data, financial personnel are faced with not only financial information and financial documents, but also massive business information. How to collect and analyze information through effective financial management and put useful information into reasonable resources,

Second, the impact on management accounting:

1, the impact on initial cost determination and subsequent cost measurement: unified cost confirmation and cost measurement, whose information comes from the inside of the enterprise, but in the era of big data, some changes will take place in this information, and at the same time these internal information is not enough to meet the needs of enterprises. External information can provide a more complete decision-making basis for enterprises, and from a macro perspective, external information provides information on industry background, the location of enterprises, competitors and competition.

2. It provides favorable accounting data support for decision-making and planning: whether it is the short-term or long-term business objectives of an enterprise, whether it is a short-term strategy or a medium-and long-term strategy, it is inseparable from the support of massive data, and it is impossible to make comprehensive and accurate decisions, especially in the era of more and more data. The analysis and mining of big data is particularly important;

3. Accurate data helps to control and evaluate management: In the era of big data, due to data storage, analysis and mining, the internal relationship between unstructured data and structured data can be revealed. Finding out and using this internal relationship can provide accurate data help for determining control and evaluating management.