Proceedings of the 4th International Conference on Informatization Economic Development and Management, IEDM 2024, February 23–25, 2024, Kuala Lumpur, Malaysia

Research Article

Realizing the Fusion of Operations and Accounting: Empowered by Information System

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  • @INPROCEEDINGS{10.4108/eai.23-2-2024.2345938,
        author={Yingkai  Wu},
        title={Realizing the Fusion of Operations and Accounting: Empowered by Information System},
        proceedings={Proceedings of the 4th International Conference on Informatization Economic Development and Management, IEDM 2024, February 23--25, 2024, Kuala Lumpur, Malaysia},
        publisher={EAI},
        proceedings_a={IEDM},
        year={2024},
        month={5},
        keywords={digital transformation of enterprises; integration of operations and accounting; two-way integration of operations and accounting; manufacturing enterprises},
        doi={10.4108/eai.23-2-2024.2345938}
    }
    
  • Yingkai Wu
    Year: 2024
    Realizing the Fusion of Operations and Accounting: Empowered by Information System
    IEDM
    EAI
    DOI: 10.4108/eai.23-2-2024.2345938
Yingkai Wu1,*
  • 1: Beijing Jiaotong University
*Contact email: 827480082@qq.com

Abstract

The integration of operations and accounting plays an important role in creating corporate value, and it has rise great attention in academic and practical circles. However, there is no consensus yet on how to truly break down the barriers between the operation and accounting departments to gradually achieve operations-accounting integration. This article summarizes the evolution route of the concept of operations-accounting integration, proposes a theoretical framework for two-way operations-accounting integration empowered by information systems, and combines case studies of railway equipment enterprises to discuss the digital transformation of financial management. This study fills the theoretical gap in existing research on operations-accounting integration and is conducive to smoothly connecting existing academic results and practical experience on operations-accounting integration, thereby providing reference for corporate transformation and high-quality development.