Date of Award
Fall 5-2019
Document Type
Thesis
Degree Name
Bachelor of Business Administration
Department
Accounting
First Advisor
Mayur Desai
Abstract
Accounting services are one of the primary reasons why companies are able to serve its customers and perform at high levels. The emergence of Artificial Intelligence has become an additional resource that have revolutionized the accounting world not only in the financial services industry, but the oil and gas industry)as well. Within the oil and gas industry, fair value impairment and financial reporting methods are analyzed to elaborate on how generally accepted accounting principles impact companies' assets which are vital to financial statements. However, accounting services are generally overshadowed with the technical aspects it provides. Demonstrating integrity and ethical standards are just as significant. Manual responsibilities and moral principles will always remain essential to the accounting industry which is discussed in the scandal of Satyam Computer Services.
Recommended Citation
Lumpkin, Divonte, "The Evolution and Revolution of Financial Accounting" (2019). Honor’s College Freeman Research Journal. 10.
https://digitalscholarship.tsu.edu/frj/10