ABSTRACT
This chapter examines the effects of technical innovations in record keeping on accounting and the nature of accounting work. Magnetic ink character recognition cheque systems have evolved and are still in use, but other elements of the mechanical accounting systems soon became uneconomic compared to the emerging computer-based systems. The transition from the type of computerised accounting discussed in the last section and the next phase is far from clear cut. The increasing integration of earlier accounting and business-related transaction and information systems continued and accelerated throughout the computerisation period, in particular the development and widespread implementation of Enterprise Resource Planning systems. The chapter concludes with a review and reflections on the further development of information systems in accounting and their impact. The fiscal and economic management of the Byzantine Empire varied enormously over its existence. Islamic accounting can be said to have had its inception rooted in the teachings of the Prophet Muhammad.
