Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector Cover Image

Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector
Impact of New Information Technologies on the Generation and Processing of Accounting Information in Enterprises in the Energy Sector

Author(s): Galina Chipriyanova, Niya Marinova
Subject(s): Economy, Business Economy / Management, Energy and Environmental Studies, Accounting - Business Administration, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: enterprises; energy sector; accounting; automation; cloud technologies, information
Summary/Abstract: Automation of accounting processes in energy enterprises is becoming a key factor in their transformation, as a result of new ICTs. The digitization of data is one of the leading aspects of this advancement. It enables the transition to digital data formats, allowing for the automatic collection, processing, transmission, and storage of accounting information. Intelligent data processing systems also play a crucial role in the automation process. Based on advanced technologies like AI and machine learning, they assist in the automatic processing and analysis of large volumes of data. The result is faster and more accurate processing of accounting information, revealing important patterns and trends.

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