To summarize, advancements in information technology, especially regarding modern and integrated
accounting information systems, provide enhanced possibilities to organize and therefore to integrate
accounting and finance processes. Hence, these systems also act as a facilitator, catalyst, motivator or even
the enabler for the convergence of MA and FA. The need to integrate these two accounting viewpoints
forces accountants to consider the differences and similarities between MA and FA, especially on the level
of accounting information and accounting rules.