THE IMPACT OF DIGITAL TRANSFORMATION ON ACCOUNTING WORK PROCESSES

We are living in times of dramatic transformations. Technology is embedded in our daily lives and organizations are constantly looking for more efficient and flexible technological solutions. Accounting is not an exception. Many organizations are implementing automation technologies to perform bette...

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Bibliographic Details
Main Authors: da Silva, Amelia Ferreira, Goncalves, Maria Jose Angelico, Ribeiro, Humberto Nuno Rito, Duarte, Joao Pedro Teixeira
Format: Conference Proceeding
Language:English
Subjects:
Accountants
Accounting
Artificial intelligence
Automation
Bank technology
Digital technology
Digital transformation
Digitization
Economic summit conferences
Employment
Organizations
Professionals
Society
Transformations
Workloads
Online Access:Get full text
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Summary:We are living in times of dramatic transformations. Technology is embedded in our daily lives and organizations are constantly looking for more efficient and flexible technological solutions. Accounting is not an exception. Many organizations are implementing automation technologies to perform better accounting work processes. Since it interferes with the core competencies of professional accountants, it is relevant to understand how they look at the digitalization of accounting. This paper aims to capture the perception of certified accountants regarding the impact of digital transformation on accounting work processes. Data was collected from 225 accountants. The questionnaire was applied during August and September 2022. The results showed that automatic document classification and posting; digital archiving, and communication with the client, are the work processes for which emergent technology has a more perceived impact on accounting. This paper findings are helpful for technology consultants and accounting professional bodies, while promoting the adoption of technology in accounting.
ISSN:1849-6903
1849-6903