Engineering Technology and Accounting Science: Evolution and Futures Agenda

Abstract

This paper makes a novel inroad into engineering technology influence on modern accounting science and therefore provides awareness to accounting and finance professionals, the corporate and educational institutions on how engineering technology has become inextricably intertwined with the practice and learning of accounting. The paper thus aims to highlight how engineering technology has influenced and is rechanneling accounting mode of operations and function through the advancement in information technology apparatus. Using a conceptual approach, it shows how accounting has become synonymous with engineering technology and as such triggers the impetus for revamping accounting curriculum to accommodate the fundamental aspects of engineering study before concentrating on the core accounting modules. Accordingly, the paper makes initial recommendation for some information technology (IT)modules to form part of future accounting engineering curriculum. The IT modules that are proposed includes inter alia, cloud accounting, 5G Network and IOT Hardware System, Field-programmable gate arrays (FPGA), 3-D circuit architecture, Internet of Things and Industry 4.0, understanding and operation of Context-Aware Engine (CAE).