| Abstrakt: |
This article analyses the impact of digital innovation on accounting and accountability within organizations. As technology rapidly evolves, the process of accounting is increasingly integrated with digital tools, leading to changes in how financial information is recorded, processed, and reported. This study evaluates the extent to which digital innovations are transforming traditional accounting practices, enhancing transparency, and moreover improving accountability. Quantitative and qualitative methods are used to assess the adoption and effectiveness of innovation technologies. The digital innovations can help to streamline accounting process, introduce new challenges and opportunities for maintaining accountability. Digital innovation in accounting and accountability has transformed the financial landscape, bringing important benefits across efficiency, accuracy, scalability and transparency. The digital innovations facilitate regulatory affairs, reduce operational costs, and also support scalability. The digital innovation in accounting and accountability enables companies to manage their financial activities more effectively, raising a culture of transparency, and sustainable growth. Digital innovation in accounting is the use of technology to transform the accounting profession, including "automation", "machine learning", "blockchain", "data analytics", "cloud computing", and "cyber security". These technologies can help accountants improve efficiency, reduce errors, and make better decisions. Digital Innovations cannot take over strategic thinking, decision making, or emotional intelligence and accountants don't crunch numbers, and can do a lot with the technology and avoid mundane, routine tasks. [ABSTRACT FROM AUTHOR] |
