چکیده مقاله
Purpose: To address the misalignment between traditional accounting and today’s knowledge based economy resulting from limitations in accounting theories Design/Methodology/approach: The modern economy faces rapid transformations, including digital technology growth, artificial intelligence, the significance of intangible assets, dynamic business models, intellectual property value creation, and environmental impacts on companies’ fair value However, traditional accounting systems—based on recording past transactions, principles like revenue recognition at delivery per ASC 606 and IFRS 15 , historical cost, and a focus on tangible assets—fail to reflect gradual value creation in today’s knowledge based economy Findings: This article examines and analyzes the gaps between existing accounting theories and the needs of the modern economy, highlighting the necessity of revising accounting foundations Originality: Proposes the following solutions to bridge the gap: Gradual revenue recognition based on value added stages using AI Integrated reporting merging traditional financial statements with non financial data to identify intangible assets and external environmental events Analysis of business activities, evaluation of their outcomes, and formulation of future policies Revision and development of new accounting theories and related standards Keywords: Knowledge Based Economy, Gradual Revenue Recognition, Business Activity Value Addition, Forecasting Future Activities, External Environmental Factors
کلیدواژهها
نویسندگان
Morteza Adibi
Member of the Iranian Association of Certified Public Accountants AICPA
شیوه ارجاع
Adibi, Morteza,1404,The Necessity of Revisiting Accounting Theories to Align with Today's Knowledge-Based Economy,6th International Conference on Management, Business, Economics and Accounting
ارائهشده در
مجموعه مقالات ششمین کنفرانس بین المللی مدیریت، بازرگانی، اقتصاد و حسابداری30 خرداد 1404