THE EFFECT OF TECHNOLOGICAL INNOVATION ON ACCOUNTING  PRACTICES, A CASE STUDY OF SUPERMARKETS IN THIKA TOWN

KIMITI, JOSEPH; KIBET, REINARD

dc.contributor.author	KIMITI, JOSEPH
dc.contributor.author	KIBET, REINARD
dc.date.accessioned	2024-05-16T09:22:13Z
dc.date.available	2024-05-16T09:22:13Z
dc.date.issued	2023
dc.identifier.uri	https://ir.gretsauniversity.ac.ke/xmlui/handle/20.500.12736/4062
dc.description.abstract	Technological innovation has had a significant impact on accounting practices, transforming traditional accounting processes and enabling new ways of working The integration of digital technologies has allowed for greater automation and accuracy in tasks such as data entry, record keeping, and financial analysis. This has not only improved efficiency and productivity but has also provided accountants with more time to focus on higher-value tasks, such as data analysis and strategic planning In addition to automation, technological innovations such as cloud computing and blockchain have also revolutionized the way accounting information is stored, accessed, and shared. Cloud computing allows for remote access to accounting software and data, while blockchain technology offers a secure and transparent ledger system that can streamline financial transactions and reduce the risk of fraud However while technology has brought about many benefits, it has also presented challenges, particularly in terms of data privacy and cybersecurity. Accounting professionals must remain vigilant and up-to-date with the latest security measures and regulations to safeguard sensitive financial information Overall, the impact of technological innovation on accounting practices has been significant and transformative. As technology continues to evolve, it is likely that we will see further changes and advancements in accounting processes and practices.	en_US
dc.publisher	Gretsa University	en_US
dc.title	THE EFFECT OF TECHNOLOGICAL INNOVATION ON ACCOUNTING PRACTICES, A CASE STUDY OF SUPERMARKETS IN THIKA TOWN	en_US