NEW OPPORTUNITIES FOR THE USE OF DIGITAL TECHNOLOGIES IN ACCOUNTING

Аннотация

Technology accelerates all the industries to which they relate. Most accountants already use digital
tools and streamline processes to make them paperless. However, as technology continues to evolve and automate
even more numerous functions, conversations are transformed into the prospect of accounting without human
participation. In the real world, technologies that transform the financial industry in no way make the human factor
redundant.
Instead, technologies such as cloud, artificial intelligence (AI), and blockchain will enable accountants - and the
entire financial services industry - to reduce manual data entry and improve the speed, accuracy, and quality of data.