ACCM 4600 Accounting Theory And Contemporary Issues

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ACCM 4600 Accounting Theory And Contemporary Issues

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ACCM 4600 Accounting Theory And Contemporary Issues

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Course Code: ACCM4600
University: Kaplan Business School

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Questions:

1)    Based on the scenario, answer the following questions:a)    What is the purpose of your report?b)    What is the audience for your report? c)    What are the (key) decisions to be made? d)    What information would help you to make these decisions?  e)    When you search for relevant information (in a database for example) what keywords will/are you using?2) Identify 10 sources relevant to the project (e.g. journal articles, textbooks, websites etc.). At least 4 of these must be academic journal articles but there should be a variety of different sources used.3) Complete a source analysis on 3 of the 10 sources with full bibliographic references.  At least 2 of these sources must be academic journal articles.  Refer to the source analysis template.4) Provide a full plan of main and sub headings of the report (include appropriate numbering). 

Answers:

Purpose of report
The purpose behind the formation of the report is to make available the information that is required to identify whether and to what range the organization should indulge with “Artificial Intelligence” with the vision to providing clients guidance in the particular area or field.
Audience of report
The report is mainly formed for the clients of the organizations who have contrary opinions for the Artificial Intelligence. Further, the report is formed for the presentation at the Board meeting of the organization that includes specialist (both accountants and non-accountants) and lawyers.
Key decision to make
A key decision that is doing to be drawn from this corresponding and research report is whether an organization should get indulge with “Artificial Intelligence” a portion of the services to the clients. If this is the condition then how the new area will be advertised, what particular facility that might be presented and what sort of training and skills are necessary for the employees. 
There will be need of information that guides while making the decision; the information contains research related to the topic along with this it includes how Artificial Intelligence is implemented to provide the positive benefits to the clients of the organization. Most of the information related to the topic can be garbed through books, studies and journal articles.
Keywords used to fetch related information

‘Artificial Intelligence’
‘Advantages or benefits of the Artificial intelligence’
‘Disadvantages or challenges of the Artificial intelligence’
‘Artificial intelligence in accounting’
‘Impact of artificial intelligence on accounting’
‘AI accounting services’ 

Sources related to the project
Chandi, N., 2017, How AI Is Reshaping The Accounting Industry, viewed on 15th December 2017, https://www.forbes.com/sites/forbestechcouncil/2017/07/20/how-ai-is-reshaping-the-accounting-industry/#4459fa8737f3
Dunis, C.L., Middleton, P.W., Karathanasopolous, A. and Theofilatos, K. eds., 2016. Artificial Intelligence in Financial Markets: Cutting Edge Applications for Risk Management, Portfolio Optimization and Economics. Springer.
 
Dutta, S., 2014. Knowledge processing and applied artificial intelligence. Elsevier.
 
Ghahramani, Z., 2015. Probabilistic machine learning and artificial intelligence. Nature, 521(7553), pp.452-459.
 
Gillion, K., 2017, Artificial intelligence and the future of accountancy, viewed on 15th December 2017, https://www.icaew.com/en/technical/information-technology/technology/artificial-intelligence-the-future-of-accountancy
 
Greenman, C., 2017, Exploring the Impact of Artificial Intelligence on the Accounting Profession, Journal of Research in Business, Economics and Management (JRBEM) ISSN: 2395-2210, 8(3).
 
Griffin, O., 2017, How artificial intelligence will impact accounting, viewed on 15th December 2017, https://www.alternativeaccountancyit.com/sponsor/artificial-intelligence-will-impact-accounting/
 
Pannu, A., 2015. Artificial intelligence and its application in different areas. Artificial Intelligence, 4(10).
 
Saranya, D., and Phil, M, 2016, A Study on Artificial Intelligence and Its Applications, Journal of Advanced Research in Computer and Communication Engineering (IJARCCE), 5(2).
 
Zipperle, T., 2017, 7 ways artificial intelligence and machine learning will impact the finance office, viewed on 15th December 2017, https://www.accountingtoday.com/list/7-ways-artificial-intelligence-and-machine-learning-will-impact-the-finance-office

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