Abstract

This paper stresses the importance of information technology developments for the future of corporate financialreporting communication by proposing an explanatory model addressing the adoption of smart mobile devicesin financial reporting. The research approach applied in this study reflects the elementary characteristics of theinteractionist approach. A deductive and inductive approach was applied in this paper to develop the currentmodel. The proposed model reflects the dynamic nature of financial reporting and of mobile communicationdevelopments, and stresses the importance of the cause-and-effect relationship between the technologicaldevelopments of corporate financial reporting and the institutional and contingent internal and external factors.This paper provides useful insights into existing and future technological developments’ acceptance in thecontext of financial reporting. It simplifies complex relationships between the different elements of thetechnological developments, so as to offer future researchers a methodical approach to understanding eachaspect and being able to identify any possible lacks regarding the acceptance of technological developments forfinancial reporting. Finally, the proposed model demonstrates the logical process of accepting any futuretechnological developments that may impact on financial reporting practices.

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