Problems of accounting digitalization in conditions of business processes digitalization
Keywords:
digitalization, accounting, digitalization of business processes, information technologies, innovations.
Abstract
The study of accounting digitalization in the context of business processes digitalization is an actual and modern problem. Methods used: analysis and synthesis, graphic methods, the method of comparisons, the cause-and-effect method. The purpose of the article: the determination of the stages of business processes digitalization, the formation of directions for digitalization of accounting, the identification of opportunities and threats. Tasks of the article: research of modern trends, advantages and disadvantages of digitization; determination of the features of digital technologies introducing; formation of the directions and problems of digitization of accounting. As a result, modern trends, advantages, and disadvantages of digitalization were outlined, its process was built, and the main directions of digitalization of accounting were proposed. The obtained results can be used by business managers to build the process of digitalization and determine further directions of digitalization of accounting. Further research may include legal support for the digitization of accounting and its improvement.
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References
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Annarelli, A., Battistella, C., Nonino, F., Parida, V., & Pessot, E. (2021). Literature review on digitalization capabilities: Co-citation analysis of antecedents, conceptualization and consequences. Technological Forecasting and Social Change, 166, 120635. https://doi.org/10.1016/j.techfore.2021.120635
Bloomberg, J. (2018). Digitization, digitalization, and digital transformation: confuse them at your peril. Forbes. https://www.forbes.com/sites/jasonbloomberg/2018/04/29/digitization-digitalization-and-digital-transformation-confuse-them-at-your-peril/?sh=6ce0387c2f2c
Chyzhevska, L., Voloschuk, L., Shatskova, L., & Sokolenko, L. (2021). Digitalization as a Vector of Information Systems Development and Accounting System Modernization. Studia Universitatis Vasile Goldiș Arad, Economic Sciences Series [Studia Universitatis Vasile Goldiș Arad, Seria Științe Economice], 31(4), 18-39. Retrieved from https://publicatii.uvvg.ro/index.php/studiaeconomia/article/view/687
Eller, R., Alford, P., Kallmünzer, A., & eters, M. (2020). Antecedents, consequences, and challenges of small and medium-sized enterprise digitalization. Journal of Business Research, 112, 119–127. doi: 10.1016/j.jbusres.2020.03.004
Gobble, M. M. (2018). Digitalization, digitization, and innovation. Research-Technology Management, 61(4), 56-59. https://doi.org/10.1080/08956308.2018.1471280
Husieva, O. Yu., & Lehominova, S. V. (2018). Digitalization as a tool to improve business processes and optimize them. Economics. Management. Business, 1, 33–39. http://nbuv.gov.ua/UJRN/ecmebi_2018_1_7
Iorgachova, M., Kovalova, O., & Plets, I. (2018). Financial engineering as a tool for the development of corporate bond market in Eastern Europe on the example of Ukraine. Baltic Journal of Economic Studies, 4(4), 120-125. https://doi.org/10.30525/2256-0742/2018-4-4-120-125
Khandii, O. (2019). Social threats in the digitalization of economy and society. In SHS web of conferences, 67, p. 06023. EDP Sciences. https://doi.org/10.1051/shsconf/20196706023
Knudsen, D.-R. (2020). Elusive boundaries, power relations, and knowledge production: A systematic review of the literature on digitalization in accounting. International Journal of Accounting Information Systems, 100441. Doi: 10.1016/j.accinf.2019.100441
Korobka, S. (2021). The digitalization of entrepreneurial activity. Bulletin of V. N. Karazin Kharkiv National University Economic Series, 100. https://doi.org/10.26565/2311-2379-2021-100-09
Kraus, N., Kraus, K., & Manzhura, O. (2021). Digitalization of business processes of enterprises of the ecosystem of Industry 4.0: virtual-real aspect of economic growth reserves. WSEAS Transactions on Business and Economics, 18, 569-580. Doi: 10.37394/23207.2021.18.57
Kulynych, M. B. (2019). Digital transformation of Russian companies in modern conditions. Economics, Management, and Administration, 3(89), 8-15. https://doi.org/10.26642/ema-2019-3(89)-8-15
Lazebnyk, L. L. (2018). The digitalization of economic relations as a factor in the improvement of business processes of the enterprise. Economic Journal. Series: Finance, Accounting, Taxation, 2, 69-74. [In Ukranian]
Lozic, J. (2019). Core concept of business transformation: from business digitization to business digital transformation. Economic and Social Development: Book of Proceedings, 159-167. https://www.researchgate.net/profile/Elshan-Ahmadov/publication/343975892_Book_of_Proceedings_esdWarsaw2019_Online/links/5f4b5a7d299bf13c5057d1bf/Book-of-Proceedings-esdWarsaw2019-Online.pdf#page=166
Pantelei, A., & Lazari, L. (2022). Accounting in digitalization conditions. In: The challenges of accounting in the view of young researchers [Electronic resource]: Student conf., ISSC 2022 Collection of scientific articles, 6th Ed., March 11-12, 2022. Chisinau: ASEM, 2022, pp. 374-378. https://doi.org/10.5281/zenodo.6758153
Rooksby, J. H. (2018). Gain insight into preventing, addressing claims of defamation. Campus Legal Advisor, 18(6), 1–5. doi: https://doi.org/10.1002/cala.30719
Rozhnova, O. V. (2018). Harmonization of accounting, auditing and analysis in the digital economy. Accounting. Analysis. Audit, 5(3), 16-23.
Stefanovova, Z., Bartkova, H., & Peterkova, J. (2020). Evaluation of the Effects of Digitization in the Process of Accounting Operations in a Selected Manufacturing Company. SHS Web of Conferences, 74, 02016. https://doi.org/10.1051/shsconf/20207402016
Szalavetz, A. (2019). Digitalisation, automation and upgrading in global value chains–factory economy actors versus lead companies. Post-Communist Economies, 31(5), 646-670. https://doi.org/10.1080/14631377.2019.1578584
Tiberius, V., & Hirth, S. (2019). Impacts of Digitization on Auditing: A Delphi Study for Germany. Journal of International Accounting, Auditing and Taxation, 100288. Doi: 10.1016/j.intaccaudtax.2019.100288
Vărzaru, A. A. (2022). Assessing Artificial Intelligence Technology Acceptance in Managerial Accounting. Electronics, 11(14), 2256. https://doi.org/10.3390/electronics11142256
Yershova, N. (2020). The development of accounting in the transition to a digital economy. Bulletin of the National Technical University “Kharkiv Polytechnic Institute” (Economic Sciences), 2, 75-80. [In Ukranian]
Published
2022-10-18
How to Cite
Kovalevska, N., Nesterenko, I., Lutsenko, O., Nesterenko, O., & Hlushach, Y. (2022). Problems of accounting digitalization in conditions of business processes digitalization. Amazonia Investiga, 11(56), 132-141. https://doi.org/10.34069/AI/2022.56.08.14
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