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Impact of Industrial Revolution 4.0 to the Accounting Industry in Vietnam

Authors: Thi Kim Lien Tra; Thi Thu Hien Phan;

Impact of Industrial Revolution 4.0 to the Accounting Industry in Vietnam

Abstract

The paper provides comments on the characteristics of the industrial revolution 4.0 and the impact of industrial revolution 4.0 on the accounting profession in Vietnam. The achievements of the industrial revolution 4.0 such as artificial intelligence, cloud computing, blockchain, have helped the process of automating data entry, improving the accuracy as well as the diversity of input and lifting data. High dead amount of accounting information provided. In addition, the industrial revolution 4.0 also creates challenges for Vietnam's accounting profession such as requirements on information technology skills, adaptation skills, and global language skills. The article also offers solutions to help Vietnamese accountants develop better and adapt to the industrial revolution 4.0.

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Keywords

Industrial revolution 4.0; accounting, auditing, Vietnam

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
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