ARBAMINCH UNIVERSITY

COLLEGE OF BUSINESS AND ECONOMICS

DEPARTMENT OF MANAGEMENT

ARTICLE REVIEW

OPPORTUNITIES AND CHALLENGES FACED BY MANAGEMENT

ACCOUNTING IN THE ERA OF “INTERNET PLUS” AND BIG
ACCOUNTING

PREPARED BY-KELEB MULAT

(ID-NO PSBE/016/11)

SUBMITTED TO

HABTAMU ENDRISE (PHD)

AUGUST, 2019
ARBAMINCH UNIVERSITY
 OPPORTUNITIES AND CHALLENGES FACED BY MANAGEMENT ACCOUNTING
IN THE ERA OF “INTERNET PLUS” AND BIG ACCOUNTING

Avison, David, Malauret (20017) “A case study of ERP introduction in China”, Julien.
International Journal of Informed on Management, 20017

Introduction the Article

The researcher who wants to show it to while the Internet Plus era provides good
technical support and development opportunities for the development of management
accounting, it has brought unprecedented challenges and it discuss how to Information
security has a certain impact on the development of enterprises, so information security
guarantee is very important. This requires that the enterprises must have corresponding
management measures such as the excellent application of network technology and
management.

Over all purpose of the article

This paper analyzes the opportunities and challenges brought by Internet plus for
management accounting, and puts forward countermeasures to provide reference for the
development of Internet Plus era management accounting.

New idea

Something discovered by the student in the study the accounting academic seminar
should be carried out at regular intervals to constantly summarize the experience of
management accounting, and improve the management ability of accounting personnel.
The accounting computerization training for accountants should be strengthened to adapt
to the new requirements of accounting information under the “Internet Plus” era.

Importance of the idea

The importance of the idea includes enterprise customer information, market research and
future development that are crucial for decision-making. The security management of the
above-mentioned information is of great significance because once leaked to peers, the
internal loss of the enterprise is undoubtedly huge. The finding of the study Internet Plus
era provides good technical support and development opportunities for the development
of management accounting, it has brought unprecedented challenges.

Strength

The review literature has proven to be better in terms of its strengths. It include most of
the title related issue like as follows, Lack of emphasis on management accounting,
Advantages of practical application of Big Data without being taken, Most accounting
personnel lack computer skills in “Internet Plus” era, Relatively incomplete information
security system in enterprises, and Establishment of information security system are the
wide issue of the literature.

Weakness

There are no definite methodological issues in the study, which is considered a weak
point in the study and is thought to be a better approach if possible. It is better if it can be
presented in the following manner: The quantitative data for descriptive purposes and
empirical testing will be collected by a postal questionnaire. The research process will be
a literature search to ascertain the current state of knowledge in the field and ultimately to
identify the relevant research design.

Results

According to the result of the article what I am indicate Management accounting

succeeded to convert challenges to opportunities relying on major efforts of some writers
and scholars. Management accounting extended by emphasis on accounting in three
major fields as: Big Data has promoted the development of management accounting, but
enterprises, colleges and universities must identify the opportunities and challenges faced
by it, actively learning Big Data and continuously adapting to the era of “Internet Plus”
so as to realize the effective use of “Internet Plus” in management accounting.
Conclusion of the study

The articles finally conclude that “Internet Plus” has provided a good foundation for the
development of accounting management and changed the way of thinking. Facing
numerous complicated data, the management accounting personnel can collect, analyze,
process and utilize Advances in Social Science, Education and Humanities Research,
volume 172 539 relevant data information with the help of cloud computing, which
provides strong support for prediction, decision making, analysis and assessment.