THE IMPACT OF INTERNET OF THINGS TECHNOLOGIES ON OPTIMIZING THE FINANCIAL REPORTING PROCESS

Authors

  • Bahodir Muminov Department of Artificial Intelligence Tashkent State Economic University
  • G. Belalova Department of Artificial Intelligence Tashkent State Economic University
  • M. Tashpulatova 3rd Year Student in “Information Technology Tashkent State Economic University

Keywords:

Internet of Things (IoT), financial reporting, intellectualization, automation, data collection, data analysis, increasing accuracy, process optimization, information security, financial accounting efficiency.

Abstract

In recent years, IoT has begun to play an increasingly significant role in accounting, changing the way companies collect, process and report financial information. In this article, we'll look at how IoT is impacting accounting and what benefits and challenges it poses for businesses. The use of IoT in accounting promises to revolutionize the way data on companies' financial performance is collected, analyzed and displayed.

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Published

2024-04-06

How to Cite

Bahodir Muminov, G. Belalova, & M. Tashpulatova. (2024). THE IMPACT OF INTERNET OF THINGS TECHNOLOGIES ON OPTIMIZING THE FINANCIAL REPORTING PROCESS. Web of Scientist: International Scientific Research Journal, 5(4), 33–41. Retrieved from https://wos.academiascience.org/index.php/wos/article/view/4799

Issue

Vol. 5 No. 4 (2024): wos

Section

Articles

License

Copyright (c) 2024 Web of Scientist: International Scientific Research Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.