Directions for the development of digitalization of accounting in Ukraine

Starenka Olha
PhD in Economics, Associate Professor,Associate Professor of Accounting and Auditing, Odesa National Economic University, Ukraine, E-mail:starenkajaolga@gmail.com, ORCID ID: https://orcid.org/0000-0003-4098-9872

Cite this article:

Starenka O. (2024) Directions for the development of digitalization of accounting in Ukraine. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Napriamky rozvytku dydzhytalizatsii bukhhalterskoho obliku v Ukraini; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 10 (323), pp. 45-55.

Abstract

The article examines issues related to the development of digitalization of accounting in Ukraine. The article aims to study the current development directions for the digitalization of accounting in our country. The scientific research used analysis, synthesis, calculation and analytical method, generalization method, and a systems approach. Based on the conducted research, it was established that the digitalization process in Ukraine is still in its early stages. Still, various digital technologies are actively used in enterprises' practical activities to optimize accounting and increase the level of information protection. The main ones are introducing electronic document management into enterprise business processes, using cloud services in enterprise information processes, using blockchain technologies and artificial intelligence tools in accounting processes, and using technology for working with Big Data. The analysis of these digital technologies proved that their introduction in Ukraine is actively taking place and leads to significant transformational processes in enterprise management. It is practically justified that the introduction of digital technologies into enterprises' business processes has become a modern trend in the digital economy. This will ensure the integrity of data, round-the-clock access to them, the accuracy of information transmission, remote access to data, the convenience and efficiency of document storage, and their competitiveness and effective functioning in the market. Prospects for further scientific research should aim to solve the problems of creating new concepts and research approaches and developing individual types of accounting.

Keywords

accounting, digitalization, digital technologies, automation, cloud technologies, blockchain, artificial intelligence.

JEL classification: М420; DOI: https://doi.org/10.32680/2409-9260-2024-10-323-45-55

UD classification: 657.1:004.65

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