Accounting - auditing and major changes from Industrial Revolution 4.0

Abstract

 The Industrial Revolution 4.0 has had strong impact on all sectors and socio-economic areas, in which Viet Nam Accounting and Auditing is not out of the trend. The Industrial Revolution 4.0 changed the environment and working conditions of human resources for accounting and auditing, helping to improve the productivity of accounting staff and auditors many times. As a result, businesses or accounting-auditing services are able to hire fewer workers but still increase sales. To take the initiatives in the Industry 4.0, it requires businesses and training institutions on accounting and auditing to seize the opportunities and identify the challenges.

            Key word:  Auditing, accounting, industrial revolution 4.0, opportunities, challenges.