Digital Tools and Technologies in Accountancy

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Artificial Intelligence & Robotics

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Algorithms capable of performing tasks that require human intelligence, such as decision-making. These programs assist with human activities.

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Cloud-Computing

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The delivery of computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the internet.

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Mobile Accounting Apps

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Applications that allow accounting tasks to be captured, accessed, and processed on smartphones, increasing dependency on mobile devices.

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Disruption in Accountancy

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Technology innovation has disrupted the accountancy profession and changed the way businesses operate.

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Blockchain

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A decentralized digital ledger that records transactions across a network of computers using cryptography for security and transparency.

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Learning Outcomes

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Students should be able to explain digital environments, discuss disruptive technologies, and understand blockchain.

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Search engine optimisation is a strategy used in electronic-based communications systems.

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Role of search engine optimisation

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Posting jobs on LinkedIn

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Recruiters can post jobs directly on LinkedIn to attract the right candidates.

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Access to cloud services

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Can be accessed online from any device.

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Tools to predict financial performance.

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Mobile apps provide greater accuracy in financial forecasting.