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Article
The Transformation of Government Accountability and Reporting.pdf
Journal of Emerging Technologies in Accounting (2021)
  • Huijue Kelly Duan, Sacred Heart University
Abstract
This paper advocates for a drastic transformation of government accountability and reporting. With the availability of Big Data and the advancement of technologies, the existing government reporting schema fails to meet the public’s increasing demand for accountability. We discuss the need for the government to reform its reporting schema and prescribe potential paths toward a data-driven, analytics-based, real-time, and proactive reporting paradigm. We conceptualize an app-based continuous monitoring and reporting environment that is real-time, structured, future-oriented, and that incorporates non-financial information like ESG and infrastructure. This reformed reporting paradigm highlights the expected role of government reporting: to provide accountability to the public.
Keywords
  • government reporting,
  • GASB,
  • accountability,
  • Big Data,
  • blockchain,
  • artificial intelligence
Disciplines
Publication Date
Fall 2021
DOI
10.2308/jeta-10780
Citation Information
Huijue Kelly Duan. "The Transformation of Government Accountability and Reporting.pdf" Journal of Emerging Technologies in Accounting Vol. 18 Iss. 2 (2021) p. 1 - 21
Available at: http://works.bepress.com/huijuekelly-duan/6/