Digital Accounting: Empowering Organizations for Growth and Innovation

EasyChair Preprint 12783

Abstract

This paper delves into the evolution, benefits, challenges, and future prospects of digital accounting systems. Beginning with an overview of historical transitions from manual to digital accounting processes, it underscores the pivotal role of technological advancements, including cloud computing, automation, and artificial intelligence. Highlighting the advantages such as real-time financial reporting, enhanced data accuracy, and improved decision-making, the paper also confronts the challenges inherent in this digital shift, such as data security concerns and the necessity for continuous professional development. Moreover, it explores emerging trends like blockchain technology and provides insights into successful implementation strategies through case studies. As organizations navigate the complexities of digital transformation, this paper serves as a roadmap, emphasizing the imperative of embracing digital accounting for sustainable growth and innovation.

Keyphrases: Innovation, and, growth

@booklet{EasyChair:12783,
  author    = {Robert Thomas and Kurez Oroy},
  title     = {Digital Accounting: Empowering Organizations for Growth and Innovation},
  howpublished = {EasyChair Preprint 12783},
  year      = {EasyChair, 2024}}