Digitalization of accounting – development prospects

Pavlykivska, Olha
Marushchak, Lesia
Bilous, Olga

Ternopil Ivan Puluj National Technical University, 56 Ruska str., 46001, Ternopil, Ukraine

Pavlykivska, O., Marushchak, L. & Bilous, O. (2021) Didzhytalizatsiia obliku – perspektyvy rozvytku [Digitalization of accounting – development prospects]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 25, no. 2, pp. 618-624. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2021/21poiopr.pdf

Socio-Economic Problems and the State

2(25)

Nov-2021

Oct-2021

7-Oct-2022

Ternopil Ivan Puluj National Technical University

UA

Ternopil

https://orcid.org/0000-0003-4104-1733
https://orcid.org/0000-0002-8666-0071
https://orcid.org/0000-0002-4305-6093

https://doi.org/10.33108/sepd2022.02.618

657

М49

management
accounting
information
digitalization
production planning
operational activities

618-624

618

624

The development of digital technologies leads to the transformation of business processes in enterprises of all forms of ownership. Such a transformation in the modern world is defined as digitalization, which is designed to simplify doing business by increasing the efficiency and effectiveness of information, which is combined into structured and logical sequences and schemes. It was found that the system of digitalization in the enterprise should be based on fast, rhythmic and timely data collection, analysis, in order to make further plans and forecasts for decision-making on the economic activity of the enterprise. This system should permeate all aspects of the enterprise, and, as a consequence, aims to integrate them into the enterprise. The article describes the main stages of digitalization of business processes in making management decisions. The role of the system of digitalized production processes, which combines separate production and management units of the enterprise into one whole, into one effective management system, which does not make decisions independently, but only provides information for human decision-making, and therefore it will constantly need control, improvement, maintenance and investment of certain resources in the development of both technical base and professional development. The development of the accounting system requires the comprehensive use, dissemination and coverage of IT technologies not only enterprises but also their counterparties, using the latest tools for informatization and transformation of existing ones. In the process of organizing the accounting system will have to reformulate the accounting policy of the enterprise, to review a significant array of operations, to question the use in practice of some of them. It has been found that digitalization in business radically changes the approach to the organization of collection, processing, storage and use of information data, reducing production costs and increasing productivity, and hence profitability.

http://elartu.tntu.edu.ua/handle/lib/38869

2223-3822

Scientific Journal "Socio-Economic Problems and the State"

http://sepd.tntu.edu.ua/images/stories/pdf/2021/21poiopr.pdf
http://wcoa2018.sydney/
https://zakon.rada.gov.ua/laws/show/996-14#Text

1. Vsesvitnii konhres bukhhalteriv (WCOA 2018, Sydney) [World Congress of Accountants]. URL: http://wcoa2018.sydney.
2. Zakon Ukrayiny «Pro bukhhaltersʹkyi oblik ta finansovu zvitnistʹ v Ukrayini» [Law of Ukraine "On Accounting and Financial Reporting in Ukraine"]. URL: https://zakon.rada.gov.ua/laws/show/996-14#Text
3. Pavlykivska, O., Marushchak, L. (2019) Accounting: science or craft? International Symposium Experience. Knowledge. Contemporary Challenges «Innovative Economic-Social Approaches in the Knowledge Society». Bucharest. pp. 184–191.

Article

Scientific Journal "Socio-Economic Problems and the State" Vol 2(25)