Chapter 1
The purpose of this exploratory case study will be to explore how accounting professionals describe the organizational changes occurring with the advent of digital accounting resulting in an understanding of the transformational process involved with its adaptation. Digital accounting presents a more dynamic approach to accounting processes and managing entities. It ensures that companies and organizations realize efficiency by mitigating systemic errors inherent in traditional accounting techniques. While implementing digital accounting processes and systems may involve serious stakeholder engagement in terms of cost and procedures, this approach is worthwhile in creating an enabling environment for businesses to realize growth (Esmeray, 2020). Thus, sufficiently addressing misconceptions about digitalized accounting processes is critical in promoting operational efficiency in organizations and paving the way for future expansion and development by leveraging the same technologies.
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