Impact of Digital Transformation on Accounting Information Systems – Evidence from Algerian Firms

Oualid Meraghni; Latifa Bekkouche; Zakaria Demdoum

doi:10.2478/eb-2021-0017

Impact of Digital Transformation on Accounting Information Systems – Evidence from Algerian Firms

Authors

Oualid Meraghni University of Echahid Hamma Lakhdar https://orcid.org/0000-0001-9713-2461
Latifa Bekkouche University of Echahid Hamma Lakhdar https://orcid.org/0000-0002-5995-981X
Zakaria Demdoum University of Echahid Hamma Lakhdar https://orcid.org/0000-0002-7082-9098

DOI:

https://doi.org/10.2478/eb-2021-0017

Keywords:

Accounting Information Systems, Digital Transformation

Abstract

The study aims to demonstrate the conceptual and practical framework of digital transformation and its impact on accounting information systems by focusing on the requirements of digital transformation, such as the digital strategy, the necessary knowledge of the human element, and the effects and obstacles facing the digitization of accounting information systems. The study attempts to answer the following question: What is the impact of digital transformation on accounting information systems in business organisations? The study uses deductive reasoning, based on many previous studies, by applying it to a sample of 237 individuals active in about 120 firms operating in the Algerian environment through a questionnaire distributed in 2021. The study has found a weak degree of awareness of the importance of digital transformation, and a low effort to develop accounting information systems in line with the requirements of digital transformation, all due to the presence of several high-impact challenges.

References

Akter, S., Michael, K., Uddin, M. R., McCarthy, G., & Rahman, M. (2020). Transforming business using digital innovations: The application of AI, blockchain, cloud and data analytics. Annals of Operations Research, 1–33. https://doi.org/10.1007/s10479-020-03620-w

Al-Zoubi, A. M. (2017). The effect of cloud computing on elements of accounting information system. Global Journal of Management and Business Research, 17(3), 1–8.

Andreassen, R. I. (2020). Digital technology and changing roles: a management accountant’s dream or nightmare? Journal of Management Control, 31(3), 209–238. https://doi.org/10.1007/s00187-020-00303-2

Baethge-Kinsky, V. (2020). Digitized industrial work: requirements, opportunities, and problems of competence development. Frontiers in Sociology, 5(33), 1–13. https://doi.org/10.3389/fsoc.2020.00033

Begum, D. (2019). Digital Transformation of Accounting in India, Emperor International Journal of Finance and Management Research, 5(10), 6–12.

Bygren, K. (2016). The digitalization impact on accounting firms business models [Master of Science in Industrial Engineering and Management, Stockholm University]. Thesis Stockholm. https://n9.cl/0xp6t

Correani, A., De Massis, A., Frattini, F., Petruzzelli, A. M., & Natalicchio, A. (2020). Implementing a digital strategy: Learning from the experience of three digital transformation projects. California Management Review, 62(4), 1–20. https://doi.org/10.1177/0008125620934864

Demiröz, S., & Heupel, T. (2017, November 30 –December 1). Digital Transformation and its radical changes for external management accounting: a consideration of small and medium-sized enterprises. FDIBA Conference Proceedings. https://n9.cl/gt82x

Faccia, A., & Mosteanu, N. R. (2019). Accounting and blockchain technology: from double-entry to triple-entry. The Business & Management Review, 10(2), 108–116.

Gupta, S. (2018). Organizational barriers to digital transformation, [Master of Science in Industrial Engineering and Management, Stockholm University]. Thesis Stockholm. https://n9.cl/gltzr

Hess, T., Benlian, A., Matt, C., & Wiesböck, F. (2016). How German media companies defined their digital transformation strategies. MIS Quarterly Executive, 15(2), 103–119.

Lazarova, V. (2019). Digitalization and Digital Transformation in Accounting. Ikonomices kii Sotsialni Alternativi, (2), 97–106.

Mitrofanova, E. A., Konovalova, V. G., & Mitrofanova, A. E. (2018). Opportunities, problems and limitations of digital transformation of HR management. In The European Proceedings of Social & Behavioural Sciences Ep SBS, 1717–1727. https://dx.doi.org/10.15405/epsbs.2019.03.174

Nguyen, M. T., Nguyen, Q. H., & Nguyen, T. H. (2021). Digital transformation in the business: a solution for developing cash accounting information systems and digitizing documents. Science and Technology Development Journal, 24(2), 1975–1987. https://doi.org/10.32508/stdj.v24i2.2526

Oncioiu, I., Bîlcan, F. R., Stoica, D. A., & Stanciu, A. (2019). Digital Transformation of Managerial Accounting-Trends in the New Economic Environment. EIRP Proceedings, 14(1), 266–274.

Othman, O. H. O., & AL-Dweikat, M. F. S. (2021). The Impact of Digital Transformation Risk Management on the Credibility of Accounting Information in Jordanian Commercial Banks. Psychology and Education Journal, 58(2), 3893–3904.

Parlak, N. (2020). Change of the accounting profession in the age of digital transformation. In Academic Studies in Social Sciences.

Phornlaphatrachakorn, K., & NaKalasindhu, K. (2021). Digital Accounting, Financial Reporting Quality and Digital Transformation: Evidence from Thai Listed Firms. The Journal of Asian Finance, Economics and Business, 8(8), 409–419.

Rehm, S. V. (2017). Accounting Information Systems and how to prepare for Digital Transformation. In The Routledge Companion to Accounting Information Systems, 69–80. https://doi.org/10.4324/9781315647210-6

Saarikko, T., Westergren, U. H., & Blomquist, T. (2020). Digital transformation: Five recommendations for the digitally conscious firm. Business Horizons, 63(6), 825–839. https://doi.org/10.1016/j.bushor.2020.07.005

Saed, K. A. M. (2020). Assessment of the impact made by the digital transformation of the accounting system on the decision-making system of the enterprise. Evropský Časopis Ekonomiky A Managementu, 5(6), 122–129. https://doi.org/10.46340/eujem.2020.6.2.15

Tekbas, I., & Nonwoven, K. (2018). The Profession of the digital age: Accounting Engineering. IFAC Proceedings Volumes, Project: The Theory of Accounting, Enginnering.

Thipwiwatpotjana, S. (2021). Digital Transformation of Accounting Firms: The Perspective of Employees from Quality Accounting Firms in Thailand. Human Behavior, Development and Society, Conference proceedings, 22(1), 53–62.

Timchev, M. (2020). Accounting Business Analysis of The Company in The Conditions of Competition and Digital Transformation. Economic Science, education and the real economy: Development and interactions in the digital age, (1), 151–161.

Vial, G. (2019). Understanding digital transformation: A review and a research agenda. Journal of strategic information, 28(2). https://doi.org/10.1016/j.jsis.2019.01.003

Yao, Q., & Gao, Y. (2020, October). Analysis of Environment Accounting in the Context of Big Data. In Journal of Physics: Conference Series (Vol. 1650, No. 3, p. 032081). IOP Publishing. https://doi.org/10.1088/1742-6596/1650/3/032081

Impact of Digital Transformation on Accounting Information Systems – Evidence from Algerian Firms

Authors

DOI:

Keywords:

Abstract

References

Downloads

Published

Issue

Section

License

How to Cite