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http://dx.doi.org/10.22156/CS4SMB.2020.10.09.008

The Impact of SMEs' Smart Factory Systems Implementation on Management Accounting  

Kim, Kyung-Ihl (Department of Convergence Management, Korea National University of Transportation)
Publication Information
Journal of Convergence for Information Technology / v.10, no.9, 2020 , pp. 8-14 More about this Journal
Abstract
The objective of this research is to investigate how implementation of smart factory systems(SFS) effects management accounting(MA). The results based on data collected from 108 Korea small and medium enterprises(SME) confirmed that SFS implementation caused significant MA changes. Estimated regression models revealed that the most important SFS characteristic were the analytical capabilities since it positively influenced MA changes in four dimensions: internal reporting, budgeting, application of modern accounting techniques and MA employee's job. In the segment of budgeting, the quality of implementation of specialized bedgeting software had significant and positive influence. The only negative correlation founded was the one between the uncertainty of business environment and adoption of modern accounting techniques. Results from this study provide that SME should put special focus on implementation of business analytics modules in order to achieve comprehensive benefits in MA prctices.
Keywords
Management accounting; Smart Factory; Smart Factory systems; Information technology; Business Process; Business communication;
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Times Cited By KSCI : 6  (Citation Analysis)
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