Digital Transformation in the Accounting Profession: A Theoretical Review

This research aims to study the impact of digitalization on the accounting profession through a study of how cutting-edge technologies such as artificial intelligence, big data analytics, and automation are affecting accounting. It focuses on improving efficiency, accuracy, and error reduction, as well as speeding up task completion and improving financial report quality. The study also addresses key challenges accountants face, such as acquiring new digital skills and adapting to innovative tools. Descriptive-analytical method was applied to introduce concepts and to evaluate the effects of digital transformation on the profession based on scientific sources and recent citations. The research concluded that digital transformation is not a threat to the profession, but a chance for its development, if accountants can keep up with the change and pace qualification. The research concludes with several suggestions aimed at preparing the profession for present and future digital transformations.