INFORMATION TECHNOLOGY: A CATALYST FOR THE TRANSFORMATION OF MANAGEMENT ACCOUNTING IN MINING ENTERPRISES

Abstract

The article analyzes the impact of information technology (IT) on the transformation of management accounting in the mining industry. The relevance of the problem is due to the need to improve the efficiency and competitiveness of enterprises in the face of increasing complexity of business processes and data volumes. The aim of the study is to explore the integration of IT solutions to overcome common challenges, such as task complexity, high labor intensity, lack of analytical information, and high costs. The main objectives include analyzing modern IT trends, such as cloud computing, artificial intelligence, big data, and the Internet of Things, and their impact on management accounting. A comprehensive analysis methodology was applied, including literature review, case analysis, and statistical modeling. The main findings indicate that IT usage facilitates the automation of routine operations, improves data quality, and maintains a high level of analytics for managerial decision-making. The practical significance of the study lies in the fact that IT implementation contributes to cost optimization, risk reduction associated with the human factor, and improved production performance. Future research prospects include further development of IT infrastructure to ensure sustainable industry development. The integration of such technologies will enable mining enterprises to respond more effectively to changes in the external environment and internal challenges, thereby enhancing overall competitiveness and stability. The analysis also shows that the application of IT technologies can significantly improve resource management and operations, which is particularly important in the context of global competition and environmental sustainability.

Keywords: automation, big data, cloud computing, information technology, Internet of Things, management accounting, mining industry, artificial intelligence

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For citation: Nurekenov I.S., Nazarova Z.M. Information Technology: a Catalyst for the Transformation of Management Accounting in Mining Enterprises // Beneficium. 2024. Vol. 3(52). Pp. 25-34. (In Russ.). DOI: 10.34680/BENEFICIUM.2024.3(52).25-34