Abstract:
Digitalization has penetrated all spheres of economic activity and transformed traditional approaches to conducting entrepreneurial, commercial, or any other type of activity. It has been noted that the most significant changes have occurred in accounting and auditing, ensuring transparency and efficiency in the financial and economic activities of business entities. It has been proven that the digitalization process of accounting and auditing covers the entire cycle — from the initial recording of business transactions to the independent evaluation of financial statements — guided by key steps that form a comprehensive methodology for this process. In particular, the key steps include: the first step — analyzing the current state of accounting and auditing, which allows for a clear identification of the strengths and weaknesses of existing processes and the formulation of digitalization goals; the second — selecting appropriate software and technologies that provide optimal solutions for automating and enhancing the accuracy of accounting processes; the third — developing a detailed implementation plan and preparing the necessary infrastructure to support digital technologies. In addition, the implementation and configuration.
