EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 8, Number 1, Year 2020

CLOUD ACCOUNTING CURRENT FORM OF MANIFESTATION OF DIGITAL ACCOUNTING
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Author(s): Marius - Sorin Ciubotariu
DOI: 10.4316/EJAFB.2020.818
Abstract: Accounting and the accounting profession are in a period of great challenges, which involves the development of new dimensions under the impact of digitalization. The persuasiveness of information technology in companies has changed the nature of accounting activities and the role of the accounting profession. In particular, as a result of the emergence in recent years of cloud accounting technology that has transformed the way companies report financial performance and make strategic decisions related to the future activity of the economic entity. As a result, there is an increase in the demand for advanced IT skills among professional accountants. The objective of this paper is to bring to the fore a new side on accounting, seen through the prism of technology and also to present the challenges and opportunities of the accounting profession in the digital age.
Keywords: The Accounting Profession; Digital Accounting; Globalization; Cloud Accounting
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