Development of Accounting Systems in Ukraine Under the Influence of Digital Technologies

Abstract

The article is devoted to the study of the development of accounting systems in Ukraine under the influence of digital technologies. The following methods were used to achieve this goal: critical analysis of scientific sources (to understand the main approaches to the digitization of accounting systems), synthesis method (to combine the obtained results and form conclusions about the development of accounting systems), tabular method (for a structured presentation data of the article), the method of scientific abstraction (for the formulation of general trends and prospects for the development of accounting in the conditions of digital technologies). It is noted that the main goal of digitization is to implement the digital transformation of existing and create new sectors of the economy, as well as to modernize spheres of life, making them more efficient and modern. It was noted that the digital transformation of accounting is the process of integrating technologies, digital tools and automated processes into accounting practice with the aim of increasing the efficiency, accuracy and availability of financial information. This process involves the use of computer systems, software, and other technologies to collect, process, analyze, and report on an organization’s financial activities. It is noted that digital solutions really significantly increase the efficiency of accounting. The main advantages of their use: increasing data accuracy, reducing information processing time, automating routine tasks, reducing physical infrastructure costs, accessing accounting data from anywhere, improving financial reporting, ensuring data security, increasing transparency of financial transactions, etc. A number of conclusions were drawn in the course of the study. Digital technologies significantly change accounting systems in Ukraine, introducing new methods of automation and process optimization. The growing popularity of cloud technologies allows businesses to keep accounting records from anywhere, which reduces the costs of physical infrastructure and maintenance. The use of artificial intelligence and machine learning contributes to the automation of routine tasks, which increases the accuracy of data and the speed of their processing. Blockchain, due to its security and transparency, is becoming a key technology for increasing trust in financial transactions. Currently, the active implementation of these innovations in the accounting of domestic enterprises leads to the improvement of the efficiency of accounting and the quality of financial reporting.