Volume 11, Issue 11 (November 2024), Pages: 198-208
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Original Research Paper
The impact of digital transformation on the accounting system effectiveness
Author(s):
Khaleed Omair Alotaibi *
Affiliation(s):
Applied College, Imam Mohammad Ibn Saud Islamic University, Riyadh, Saudi Arabia
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0009-0007-2540-4983
Digital Object Identifier (DOI)
https://doi.org/10.21833/ijaas.2024.11.021
Abstract
In today's rapidly changing digital landscape, most businesses in various industries have embraced digital transformation to improve their operations and efficiency. The accounting industry also has opportunities to enhance the effectiveness of its systems with new technologies. This study introduces a new framework called the Digital Transformation Framework for Accounting System Effectiveness (DTFASE), developed using design science research. The framework consists of five main stages: assessment and planning, implementation and integration, operationalization and monitoring, continuous improvement, and evaluation and reporting. Its purpose is to guide organizations in systematically transforming their accounting systems to boost overall effectiveness. By using this framework, organizations can fully leverage digital technologies to optimize their accounting processes.
© 2024 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords
Digital transformation, Accounting systems, Framework development, Process optimization, System effectiveness
Article history
Received 15 July 2024, Received in revised form 29 October 2024, Accepted 8 November 2024
Acknowledgment
This work was supported and funded by the Deanship of Scientific Research at Imam Mohammad Ibn Saud Islamic University (IMSIU) (IMSIU, RG23O35).
Compliance with ethical standards
Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Citation:
Alotaibi KO (2024). The impact of digital transformation on the accounting system effectiveness. International Journal of Advanced and Applied Sciences, 11(11): 198-208
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Figures
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Tables
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