Problems of the impact of digital technologies on the quality and transparency of financial reporting of enterprises

Abstract

The purpose of the article is a comprehensive study of the impact of digital technologies on the quality and transparency of financial reporting of enterprises and the justification of approaches to minimizing the information risks associated with them. The research methods are based on the analysis and synthesis of scientific sources, a critical review of publications, as well as the application of structural-logical and systems approaches to building models and classifying problems. As a result, the main groups of digital technologies (ERP systems, cloud services, electronic document management, business analytics platforms, robotic automation, electronic services of regulators) are summarized and their dual effect is revealed. On the one hand, they increase the efficiency, accessibility and analytical potential of reporting data. On the other hand, they increase cyber risks, create threats to the distortion of the reliability, comparability and transparency of indicators. Organizational, methodological, technological, information, personnel and ethical problems that arise during the digitalization of reporting and affect the quality of financial information are systematized. A scheme of the influence of the digital environment on the stages of financial reporting formation is proposed. A generalized model of relevant risk management is built, which combines the regulatory, technological and competence levels. It is concluded that the effective use of digital solutions is possible only if the accounting policy is coordinated with the capabilities of information systems, the introduction of clear internal regulations and control procedures, proper data protection and the development of digital competencies of accounting personnel. The practical significance of the results obtained lies in the possibility of using the proposed approaches to improve accounting policy, build internal control systems, manage information risks, as well as for planning the digital transformation of accounting and reporting processes at domestic enterprises.