Question: During the past two decades, the developments in Information Technology (IT) have had a significant influence in Management Accounting and control practices. Required: 1) Discuss

During the past two decades, the developments in Information Technology (IT) have had a significant influence in Management Accounting and control practices.

Required:

1) Discuss how Big data can be used by organisations to shape management accounting practices. (10 marks)

2) Explain what is gig economy and provide examples of companies that are part of gig economy. (05 marks)

3) Critically evaluate the usefulness of Algorithmic control to manage employees, especially in gig economies. (10 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Provide the discussion reply to two of the post separately. 1. Monitoring and Controlling Project Cost by Ashok. Despite the many challenges on the way towards a project completion, cost management...

I would like someone to help me towrite-up with impression and thoughts with your own words. I do not want summarize but provide your impression and thoughts only for at least one page. Journal of...

Read the article, Information Usefulness and Usage in Business Decision-Making: An Activity-Based Costing (ABC) Perspective (the article can be located via the LIRN in GAP). In a 4 to 6-page written...

Auditing case study SOCIETE GENERALE: AN INSTRUCTIONAL CASE FOCUSING ON INTERNATIONAL ACCOUNTING AND AUDITING ISSUES Michael C. Knapp University of Oklahoma Carol A. Knapp University of Oklahoma...

1) General Environment analysis: What are the most important 1-2 general environment factors to be considered for the INDUSTRY and what is their effect (positive-negative-neutral)? What is your...

Hi, This subject is financial accounting, here is a short essay type question, approximately 5 paragraphs. ''Drawing on private interest theory, what powers do you believe the Australian Accounting...

Managerial accounting is changing rapidly as a result of technology and new types of enterprises. Below is an article that states the opposite (Talha et al, 2010). How can we reconcile the two...

ACCT625 Case Study I Case Study I will be completed as an individual effort. Select a Comprehensive Annual Financial Report (CAFR) from your favorite state or local governmental agency. Be sure to...

IDEAS Internet Speech Will Never Go Back to Normal In the debate over freedom versus control of the global network, China was largely correct, and the U.S. was wrong. APRIL 25, 2020 Jack Goldsmith...

\flong-term shareholder value which may not be reflected in short-term financial performance. While there has always been a long-term sustainability ambition, the short-term strategy included...

4. Describe the 3 categories in market segmentation!

Resolve Problem 8b using MSP. Omit the calculations for CPI, SPI, and CSI. Problem 8b Repeat the calculations in a, but now using the % Complete column. Assume that the PV values are based on time...

E16.16 (LO 3) (Equity Method) Gator plc invested 1,000,000 in Demo Co. for 25% of its outstanding shares. Demo Co. pays out 40% of net income in dividends each year. Instructions Use the information...

In a workplace, employees often form connections that are not part of the formal organizational structure. These relationships can influence communication, collaboration, and overall job performance....

=+1. NGOs and nonprofits, along with charities, form the social sector.

=+What important functions do these organizations perform that cannot be performed by either governmental or for-profit organizations?

=+2. What potential problems do you see in the rapid growth of nonprofit or nongovernmental organizations? For whom do these groups speak? To whom are they accountable? Particularly in terms of...