Nothing Special   »   [go: up one dir, main page]

skip to main content
10.1145/3556089.3556192acmotherconferencesArticle/Chapter ViewAbstractPublication PagesicemeConference Proceedingsconference-collections
research-article

Digitalization in Accounting Financial & Business Strategy

Published: 30 November 2022 Publication History

Abstract

This research was conducted to identify and examine the impact of digitalization on financial and business strategies. Digital transformation moderated the relationship between accounting quality-digital financial reporting and the relationship between usefulness of digital accounting-accounting information, but did not moderate the other relationships. Therefore, digital accounting plays an important role in determining and explaining the achievement of company goals. It is advisable to study, invest and utilize digital accounting systems within the organization to ensure the achievement of objectives and improve the sustainability of the organization. The phenomena that occur are 1. the rapid development of digitalization in daily life as well as in communication and information, finance, health and others, 2. The role of digitization which can replace humans in doing work, and 3. Digitization which has an impact on the pattern of human thinking so that they apply and use technology as a means of payment or make decisions in making strategies.

References

[1]
Arntz, M., Gregory, T., Zierahn, U. (2017), “Revisiting the risk of automation”, Economics Letters, Vol. 159, pp. 157-160.
[2]
Alles, M. G. (2015). Drivers of the use and facilitators and obstacles of the evolutionof big data by the audit profession. Accounting Horizons, 29(2), 439–449.
[3]
Central Bureau of Statistics. (2019). Retrieved December 12, 2021, from Bps.go.id website: https://www.bps.go.id/statictable/2009/06/29/901/inflasi-indonesia-menurut-kelompok-pengeluaran-2006-2019.html
[4]
Central Bureau of Statistics. (2018). Retrieved December 12, 2021, from Bps.go.id website: https://www.bps.go.id/indicator/3/1/2/inflasi-umum-.html
[5]
National Consumer Protection Agency of the Republic of Indonesia. (2020). Retrieved December 13, 2021, from Bpkn.go.id website: https://www.bpkn.go.id/posts/show/id/1649
[6]
Răzvan Botea. (2018). The accounting profession is most at risk of being replaced by digitization. The adjusting accountant. Retrieved December 21, 2021, from ZF.ro website: https://www.zf.ro/eveniment/profesia-de-contabil-este-cea-mai-in-pericol-de-a-fi-inlocuita-de-digitalizare-contabilul-care-se-adapteaza-schimbarii-va-ramane-in-timp-ce-contabilul-care-nu-tine-pasul-va-iesi-din-piata-17547407
[7]
Botez, D., Melega, A. (2020). Internal Audit – actualities and challenges. Studies and Scientific Researches, Economics Edition, 32, 139-148.
[8]
Cuc, L.D., Almași, R.C. (2016). Provocări ale evoluției tehnologiei informaționale și răspunsul profesiei contabile. CECCAR Business Magazine, 7.
[9]
Constantiou, I. D., & Kallinikos, J. (2015). New games, new rules: Big data and the changing context of strategy. Journal of Information Technology, 30(1), 44–57
[10]
Frey, C. B., Osborne, M. A. (2017), “The future of employment: How susceptible are jobs to computerisation?”, Technological Forecasting and Social Change, Vol. 114, pp. 254-280.
[11]
Khin, S., & Ho, T. C. (2018). Digital technology, digital capability and organizational performance. International Journal of Innovation Science. https://doi.org/10.1108/ijis-08-2018-0083
[12]
Kim, Y. J., Kim, K., Lee, S. (2017), ”The rise of technological unemployment and its implications on the future macroeconomic landscape”, Futures, Vol. 87, pp. 1-9.
[13]
KPMG (2017), ”Digitalisation in accounting“, Retrieved December 19, 2021. From: https://assets.kpmg/content/dam/kpmg/de/pdf/Themen/2017/digitalisation-in-accounting-en-2017-KPMG.pdf
[14]
Mancini, D., Lamboglia, R., Castellano, N. G., Corsi, K. (2017), “Trends of Digital Innovation Applied to Accounting Information and Management Control Systems”, in Corsi, K., Castellano, N. G., Lamboglia, R., Mancini, D. (Eds.), Reshaping Accounting and Management Control Systems – New Opportunities from Business Information Systems, Springer, Cham, Switzerland, pp. 1-19.
[15]
McKinsey Global Institute (2018), Skill Shift Automation and the Future of the Workforce, McKinsey and Company London
[16]
Moudud-Ul-Huq, S. (2014), ”The Role of Artificial Intelligence in the Development of Accounting Systems: A Review”, The UIP Journal of Accounting & Audit Practices, Vol. 12, No. 2, pp. 7-19.
[17]
Nowak, A., Lukowicz, P., Horodecki, P. (2018). Assessing artificial intelligence for humanity will AI be our biggest ever advance–or the biggest threat? IEEE Technology and Society Magazine, 37(4), 26–34.
[18]
Oschinski, M., Wyonch, R. (2017), “Future stock? The impact of automation on Canada's labour market”, Institute C.D. Howe Institute, Commentary No. 472, Retrieved December 19, 2021. From:https://www.cdhowe.org/sites/default/files/attachments/research_papers/mixed/Update_Commentary%20472%20web.pdf
[19]
PricewaterhouseCoopers. (2018). Digitalisation in finance and accounting - PwC. Retrieved December 9, 2021, from PwC website: https://www.pwc.de/en/digitalisation-in-finance-and-accounting.html
[20]
PWC (2018), ”Digitalisation in finance and accounting and what it means for financial statement audit“, Retrieved December 19, 2021. From: https://www.pwc.de/de/im-fokus/digitaleabschlusspruefung/pwc-digitalisation-in-finance-2018.pdf.
[21]
Ritter, T., & Pedersen, C. L. (2020). Digitalization capability and the digitalization of business models in business-to-business firms: past, present, and future. Industrial Marketing Management, 86, 180–190. https://doi.org/10.1016/j.indmarman.2019.11.019
[22]
The Indonesia Central Securities Depository. (n.d.). Retrieved from https://www.ksei.co.id/files/Statistik_Publik_Februari_2021.pdf
[23]
Stolojan, Th. (2016), The digital age and the future of the accounting profession. Retrieved December 19, 2021. From: https://www.bursa.ro/era-digitala-si-viitorulprofesiei-contabile-46788032
[24]
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung : Alfabeta, CV.
[25]
Syed, A., Gillela, K., & Venugopal, C. (2013). The future revolution on big data. International Journal of Advanced Research in Computer and Communication Engineering, 2(6), 2446–2451.
[26]
White, G. R. T. (2017). Future applications of blockchain in business and management: A Delphi study. Strategic Change, 26(5), 439–451.
[27]
Azhar Susanto & Meiryani. 2018. How user ability and top management support influence on accounting information system quality and its impact on the quality of accounting information. Journal of Engineering and applied sciences, 13(16), pp-6645-6652.
[28]
Meiryani.,Siagian,P.,Puspokusurno, R.A.A.W.,Lusianah. 2020. Decision Making and Management Information Systems. Journal of Critical Reviews.7(7), pp. 320-325
[29]
Susanto,A.,Meiryani. The Importance of Risk Management in an Organizations. International Journal of Scientific and Technology Research, 7(11), pp. 103-107.

Recommendations

Comments

Please enable JavaScript to view thecomments powered by Disqus.

Information & Contributors

Information

Published In

cover image ACM Other conferences
ICEME '22: Proceedings of the 2022 13th International Conference on E-business, Management and Economics
July 2022
691 pages
ISBN:9781450396394
DOI:10.1145/3556089
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

Publisher

Association for Computing Machinery

New York, NY, United States

Publication History

Published: 30 November 2022

Permissions

Request permissions for this article.

Check for updates

Author Tags

  1. Business Strategy
  2. Digitalization in Accounting
  3. Financial Strategy

Qualifiers

  • Research-article
  • Research
  • Refereed limited

Funding Sources

  • BINUS UNIVERSITY

Conference

ICEME 2022

Contributors

Other Metrics

Bibliometrics & Citations

Bibliometrics

Article Metrics

  • 0
    Total Citations
  • 151
    Total Downloads
  • Downloads (Last 12 months)80
  • Downloads (Last 6 weeks)4
Reflects downloads up to 25 Nov 2024

Other Metrics

Citations

View Options

Login options

View options

PDF

View or Download as a PDF file.

PDF

eReader

View online with eReader.

eReader

Media

Figures

Other

Tables

Share

Share

Share this Publication link

Share on social media