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Digital Trends in the Accounting Profession

Suzana Keglević Kozjak

2023 · DOI: 10.31410/itema.s.p.2023.89
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TLDR

While technological advances reshape specific aspects of account­ing, the discipline’s foundational principles persist, highlighting a com­pelling need for a fundamental shift in accounting practices.

Abstract

The rapid technological changes have profoundly affected the ac­counting profession. This study aims to systematically explore how digital tech­nology is influencing accounting, examining the forces driving this change. It also investigates crucial educational adaptations needed for future accoun­tants to navigate the evolving technological landscape. The research exam­ines various aspects, including the complex relationship between the account­ing profession and global technological changes, the evolving role of technol­ogy in accounting, and the necessary adjustments required in accounting edu­cation. Through a literature review methodology, the findings highlight a com­pelling need for a fundamental shift in accounting practices. This transformative process is gradually related within the profession, emphasizing the certain im­pact of continuous evolution in the accounting field on accounting education. In summary, while technological advances reshape specific aspects of account­ing, the discipline’s foundational principles persist.