In the digital economy, characterized by rapid technological advancements and globalization, accounting and auditing play indispensable roles in ensuring transparency, accountability, and trust in financial transactions. This article explores the significance of accounting and auditing in the digital era, examining their role in enhancing financial reporting, ensuring compliance and risk management, and fostering innovation and adaptability. Through advanced technologies and methodologies, businesses can leverage accounting and auditing practices to navigate the complexities of the digital landscape and drive sustainable growth.
In the digital economy, characterized by rapid technological advancements and globalization, accounting and auditing play indispensable roles in ensuring transparency, accountability, and trust in financial transactions. This article explores the significance of accounting and auditing in the digital era, examining their role in enhancing financial reporting, ensuring compliance and risk management, and fostering innovation and adaptability. Through advanced technologies and methodologies, businesses can leverage accounting and auditing practices to navigate the complexities of the digital landscape and drive sustainable growth.
| № | Author name | position | Name of organisation |
|---|---|---|---|
| 1 | Qoshayev T.A. | Teacher | TerDU |
| № | Name of reference |
|---|---|
| 1 | 1. AICPA. (2020). Harnessing the power of data analytics in accounting. Retrieved from https://www.aicpa.org/content/dam/aicpa/interestareas/frc/assuranceadvisoryservices/downloadabledocuments/data-analytics-in-accounting.pdf |
| 2 | 2. Deloitte. (2021). The future of audit in a digital world. Retrieved from https://www2.deloitte.com/us/en/pages/audit/articles/future-of-audit-in-a-digital-world.html |
| 3 | 3. International Federation of Accountants (IFAC). (2020). Digital transformation in accounting and finance. Retrieved from https://www.ifac.org/system/files/publications/files/digital-transformation-in-accounting-and-finance.pdf |
| 4 | 4. PricewaterhouseCoopers (PwC). (2021). Digital trust insights. Retrieved from https://www.pwc.com/gx/en/services/advisory/consulting/digital/digital-trust-insights.html |