THE VITAL ROLE OF ACCOUNTING AND AUDITING IN THE DIGITAL ECONOMY
PDF
DOI
SLIB.UZ

Keywords

digital economy, accounting, auditing, financial reporting, compliance, risk management, innovation, technology.

How to Cite

THE VITAL ROLE OF ACCOUNTING AND AUDITING IN THE DIGITAL ECONOMY. (2024). Journal of Universal Science Research, 2(4), 63-67. https://universalpublishings.com/index.php/jusr/article/view/5024

Abstract

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.

PDF
DOI
SLIB.UZ

References

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

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

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

PricewaterhouseCoopers (PwC). (2021). Digital trust insights. Retrieved from https://www.pwc.com/gx/en/services/advisory/consulting/digital/digital-trust-insights.html

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.