THE IMPACT OF DIGITALIZATION ON THE QUALITY OF ACCOUNTING INFORMATION Cover Image

IMPACTUL DIGITALIZARII ASUPRA CALITATII INFORMATIILOR CONTABILE
THE IMPACT OF DIGITALIZATION ON THE QUALITY OF ACCOUNTING INFORMATION

Author(s): Boni Mihaela Straoanu, Mihail Alin Stanciu
Subject(s): Economy
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: digitization; software; technology; security; responsibility

Summary/Abstract: The challenges accountants face in implementing digitization are numerous and complex. Thisnew system requires a rapid adaptation to technological changes and a redefinition of professionalresponsibilities. Accountants now have the opportunity to process and manage tax documents more efficiently,eliminating the risk of human errors and reducing the time required to prepare financial reports. However,there are also risks associated with the use of various programs and technologies, such as vulnerability to cyberattacks. The use of accounting software and information systems reduces human errors and increases accuracyin financial records. These systems can automatically perform complex calculations and data coherence checks.Manual accounting processes can often be slow and susceptible to delays. Digitization allows the automation ofmany repetitive tasks, reducing the time required to complete accounting tasks and increasing the overallefficiency of the accounting department. With digitization, there is a greater emphasis on data security. Modernaccounting systems include strong security measures to protect sensitive financial information againstunauthorized access and cyber risks.

  • Issue Year: 9/2024
  • Issue No: 1
  • Page Range: 118-123
  • Page Count: 6
  • Language: English
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