THE IMPACT OF KNOWLEDGE ECONOMY ON ACCOUNTING INFORMATION

Abstract

With the globalization and rapid pace of technology-based information, economic institutions have faced many pressures and fierce competition for success and continuity in a knowledge-based economy. To achieve the goal, the economic institution must improve the accounting function, the latter exclusively facing many challenges in the era of knowledge. This requires the adoption of ideas, skills and methods of work different from those previously approved, as well as the adoption of specialized programs and techniques for processing accounting data in record time and in a timely manner. Suitable for exploiting the results of accounting information by the internal and external parts  to make benefic decisions for the institution. In order to shed light on the impact of the knowledge economy on the accounting profession, through this research document, we try to address the concept of the knowledge economy with accounting information quality’s, especially in light of international accounting standards