The document is a presentation by students Christina Pearly P, Mabel Elizabeth NM, and Shreya Dey on using drones for accounting purposes. It introduces the concept and highlights potential benefits like cost-effective auditing through faster physical inventory counts. Drones also enable real-time data collection from various locations for current financial reporting. They can assist in fraud detection through improved surveillance of physical assets and locations. Implementing drone technology has environmental benefits through reduced travel and aligns with sustainability aims, though upfront technology investments are required and regulatory compliance and data security must be considered. The presentation provides an overview of how drones can revolutionize financial management.

1. DEPARTMENT OF COMMERCE (UG).
TITLE OF THE PRESENTATION : ACCOUNTING WITH DRONES.
NAME & ROLL NO. OF THE STUDENTS – PREPARED : CHRISTINA PEARLY P
(23COMD18) .
MABEL ELIZABETH NM ( 23COMD33).
SHREYA DEY (23COMD57).
VOICE OF THE STUDENT : SHREYA DEY (23COMD57).
COURSE, YEAR & SECTION : B.COM (GEN.) , 1ST , D .
BATCH: 2023-24
•
Shreya Dey
23COMD57

2. A C C O U N T I N G W I T H
Revolutionizing Financial Management
-Christina Pearly P
-Mabel Elizabeth NM
-Shreya Dey
Introduction to the concept of using drones for accounting purposes.
Highlight the potential benefits of integrating drone technology into accounting practices.
Preview the key points to be covered in the presentation.

3. B E N E F I T S A N D
A P P L I C A T I O N S :
C OST- EFFIC IENT A UDITING:
Drones can quickly and accurately perform physical inventory
counts and asset assessments.
Reduced time and labor costs, which save the company money.
REA L- TIME DA TA C OLLEC TION:
Drones can quickly collect financial data from various locations.
enables decision-making and current financial reporting.
FRAUD DETECTION:
Drones can keep an eye on physical assets and locations, assisting
in the fight against fraud.
Improved surveillance tools reduce any potential financial concerns.
ENVIRONMENTAL IMPACT:
A reduced carbon footprint is the result of less frequent, long
distance travel.
Aligns with company ethics standards and sustainability aims.

4. I M P L E M E N T A T I O N
C O N S I D E R A T I O N S
TECHNOLOGY INVESTMENT:
The purchase of drones, software, instruction, and maintenance all
come with initial expenditures.
The long-term gains surpass the initial outlay.
REGULATORY COMPLIANCE:
Recognize any limits on the use of drones in the local area and in the
airspace.
Compliance guarantees safe and legal activities.
DATA SECURITY AND PRIVACY:
It is essential to transmit and store data securely to safeguard
financial information.
To prevent illegal access, use encryption and access controls.
SKILL DEVELOPMENT:
Teach accounting staff how to fly drones and analyze data gathered
by drones.
Upskilling improves the competencies and adaptability of the
workforce.

5. Thank Y o u
MADE BY –
CHRISTINA PEARLY P
(23COMD18)