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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Impact of Business Model Innovation on Financial Accounting Reform in the Information Age

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DOI: 10.25236/iwass.2020.039

Author(s)

Yan Zhuang

Corresponding Author

Yan Zhuang

Abstract

Nowadays, China's information society has been gradually constructed, and industrial reform based on information technology has become a hot topic at the moment. The emergence of information technology has made business model innovation a norm, and Internet platforms have become the mainstream business model today. Due to the impact of business tacit innovation, China's financial accounting work has also undergone a certain degree of change. In order to meet the development needs of the times, financial accounting needs to abandon the impact of traditional ideas and carry out reform work based on the background of informatization. This article mainly analyzes the impact of business model innovation on financial accounting and specific reform measures

Keywords

Business model, Financial accounting, Information age