Industrial-V2-4.0.peran akuntan di era ict
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The document discusses the evolving role of accountants amidst advancements in information technology, particularly highlighting the implications of Industry 4.0. As technological transformations rapidly change industries, accountants must adapt by enhancing their digital skills and shifting towards more strategic roles. Future educational frameworks and teaching methods must also evolve to prepare students for this new landscape in both accounting and broader industry contexts.
Industrial-V2-4.0.peran akuntan di era ict
- 1. REVISITING ACCOUNTANTS’ ROLE IN THE ERA OF INFORMATION TECHNOLOGY ADVANCEMENT Nafsiah Mohamed International Conference on Accounting and Finance ( 4th ICAF UMY 2018) 25th APRIL 2018 Universitas Muhammadiyah, Yogyakarta
- 3. ■ New technologies like artificial intelligence, 3D printing, and robotics are emerging with the potential for having a transformative impact on industry, the economy and society as a whole. ■ The speed and scope of this technological transformation is exponential with the potential for unlimited possibilities and endless opportunities.
- 4. What are the implications for the universities, educators and students? How do we redefine career readiness and better prepare students for an uncertain future?
- 5. What is accounting? ■ Drury (2009) states that Accounting is the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions by users of information. ■ An accountant is regarded as a practitioner of accounting. ■ So, Accountants have the responsibility in the organization for managing, correcting, and reporting the organization’s account.
- 6. Who is an accountant? ■ An accountant is a person who performs financial functions related to the collections, accuracy, recording, analysis, and presentation of a business, organization or company’s financial operations. ■ The accountant usually has a variety of administrative roles within a company operations. ■ In a smaller business, an accountant’s role may consists of financial data collection, entry and report generation. ■ Middle to larger size companies, an accountant act as advisor and financial interpreter, who may present the company’s financial data to people within and outside of the business. ■ The accountant can also deal with third parties such as vendors, customers and financial institution.
- 7. ■ As technology becomes increasingly sophisticated and present in all aspects of businesses, accountants can expect a shift towards more strategic and analytical roles. ■ The accounting profession will face significant changes, and professional organizations should respond to these changes. ■ Today, we are on the verge of a fourth industrial revolutions, dubbed Industry 4.0. ■ How accountants can survive Industry 4.0?
- 9. ■ Industrial revolution started as early as 1800s. On 1700s, it was started by the commercial steam engine and mechanical eras. It known as Industry 1.0. ■ It was followed by the result of electricity and mass production that sparked in the early 20th century. It was introduced into assembly lines. Industry 2.0 started on 1900s. ■ Then, it continued to evolve as the result of the computer set in1970s known as Industry 3.0. At this point, everything started to become digital and elements of manufacturing shifted into automation and robotic. Electronics and IT (ex: computers) and internet constitute the beginning of the information age. ■ Up till 2015, only then, Industry 4.0 was introduced. It were the started of digital supply chain, digital products and services, and business models. Data analytics and action begin as a core competency.
- 10. What is Industry 4.0 ? Industries are demand to adapt and agile in : * Intelligent and self- learning software robots * Required multi-skilled, multi-disciplined and multi- jobs *ceasing of present with unknown future job The current industrial transformation with data exchanges, cloud, cyber-physical system, big data, artificial intelligence (AI), Internet of Things (IOT) and more The Fourth Industrial revolution in manufacturing and industry
- 11. Davies, 2015 • The comprehensive transformation of the entire industrial production through the merging of Internet and information & communication technologies (ICT) with traditional manufacturing processes KPMG's, 2016 • The full integration of information and communication technology and automation technology in the "factory of the future." SME Corp Malaysia, 2017 • About companies orienting themselves to the customers through e-Commerce, digital marketing, social media and the customer experience. Other Definitions
- 12. The complexity of Industry 1.0 to 4.0
- 14. Impact on Higher Education How will the lecturers teach? (Method) How will the students learn? What will the lecturers teach? (Content) How will the learning space look like? What are the roles of the lecturers? What are the roles of students? What are the attributes of the students/lecturers?
- 15. The University of The Future • Change of business model • Cooperative structures enhancing interdisciplinary • New concept for faculties or departments Change Of Organizational Structures • New role of examination offices • No fixed degree programs • Acceleration in education according to fast innovation cycles Change Of Accreditation Procedures • New teaching concepts (e.g., flipped classroom) • New teaching infrastructures (e.g., equipment for virtual worlds) • Digital rights management Change Of Teaching Methods • Massive vs personalized learning • New learning infrastructure e.g., increased computing capacities • Shift from presence learning to distance learning Change Of Learning
- 16. Education 4.0 ■ Responds to the need of Industry 4.0, where man and machine align to enables new possibilities. ■ Harnesses the potential of digital technologies, personalized data, open sourced content, and the new humanity of this globally- connected, technology-fueled world ■ Establishes a blueprint for the future of learning-lifelong learning-from childhood schooling, to continuous learning in the workplace, to learning to play a better role in society.
- 18. Implication to Accounting ■ Future accountants will need education in digital technologies such as Cloud computing and big data Globalization (outsourcing accounting services) Evolving regulations (tax regulation, new forms of corporate reporting, integrated reporting regulations
- 19. Industry 4.0 can be expected to influence accounting practice in the following ways. It will: enable accountants to obtain previously unobtainable data in real time – through embedded sensors facilitate data extraction from large common pools – for all types of decisions, all types of managers, all types of gatekeepers and all kinds of stakeholders raise the quality of data – through greater timeliness and higher accuracy and detail to improve efficiency, data assurance and other decision-making purposes improve transfer of data for management planning and control – eg, in supply and value chains and between countries increase the credibility and relevance of reporting – through self-controlling, self-auditing systems and demand pull custom accounting for individuals.
- 20. Thus, in an Industry 4.0 world, accountants in business would have the opportunity to be less involved with automated operations and focus more on big-picture strategies such as resource efficiency.
- 21. ■ The accountant’s role has evolved with time. They are no longer just number crunches. ■ Businesses rely on their finance team to provide strategic advice on top of compliance and cost saving guidance. This interpersonal capability is where the technology will fall short. ■ What accountants will need to do is keep abreast of technology to maintain a competitive age in the market, and develop their digital skills which employers will increasingly be in search of.
- 22. ■ To remain relevant, accountants should enhance their knowledge on value-added services which include advising clients and providing strategic insight on critical financial transactions. ■ People are irreplaceable, especially at higher levels. ■ Adaptation to business expectation is the key.
- 24. Daun selasih Daun mengkudu Terima kasih Thank You.