The Impact of Programmed Accounting Analysis (PAA) for the Financial Statements on Qualitative Characteristics of Useful Financial Information

6 Pages Posted: 19 Jun 2020

See all articles by Khaled Sabour

Khaled Sabour

Mazaya University College - Department of Accounting

Multiple version iconThere are 2 versions of this paper

Date Written: April 22, 2020

Abstract

The study discussed the impact of programmed accounting analysis (PAA) for the financial statements on qualitative characteristics of useful financial information. The practical study was conducted by an interview with the CEO for accounting information system company, The development in accounting science does not keep pace with the development in information technology, In recent times, important technological developments have emerged that directly affected accounting, but the international accounting standards have not issued accounting standards that address these developments, and that the issuance of a standard in this regard requires long time, and as an example of these developments is online employment, digital currencies and electronic wallets. PAA affects and is affected by the fundamental qualitative characteristics of accounting information (relevance and faithful expression), and the Enhancing qualitative characteristics of accounting information (Comparability, verifiability, timeliness and understand-ability).

Keywords: Programmed Accounting Analyses (PAA), Qualitative Characteristics of Useful Financial Information

JEL Classification: M41

Suggested Citation

Sabour, Khaled, The Impact of Programmed Accounting Analysis (PAA) for the Financial Statements on Qualitative Characteristics of Useful Financial Information (April 22, 2020). Sabour, Khaled, 4195955 (April 22, 2020), Available at SSRN: https://ssrn.com/abstract=3610846

Khaled Sabour (Contact Author)

Mazaya University College - Department of Accounting ( email )

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