2025, Vol. 6, Issue 2, Part T

The digital transformation in accounting has transitioned from being a luxury to an essential requirement. Organizations and accounting experts are adopting digital solutions and cutting-edge technologies to optimize processes, improve accuracy, and comply with increasing regulatory requirements. As the accounting industry evolves from traditional, spreadsheet-based operations to automated, software-driven workflows, the landscape of financial reporting is undergoing a significant change. This evolution is propelled by innovations in artificial intelligence (AI), cloud accounting, and data analytics, allowing firms to handle financial data with unmatched efficiency and accuracy. Digital transformation pertains to the incorporation of digital technologies across all facets of business operations, fundamentally altering the manner in which companies provide value to their clients and stakeholders. In the realm of accounting, this transformation encompasses the utilization of technologies such as cloud accounting, big data, and accounting software to enhance the efficiency of the accounting process.