Exploring the Impact of Digital Technologies on Finan-cial Management and Accounting: Emerging Challenges and Opportunities
Session
Management Business and Economy
Description
This research discusses and analyzes the possible impact of digital technology application to accounting and financial management, focusing on the new opportunities and challenges these technologies may imply for contemporary organizations. The research results confirmed the assumption that digital technology has increased operations efficiency and improved an organization's ability to manage big data. Consequently, the results provide supplementary insight into how digital technologies affect an organization's ability to estimate financial trends. It is assumed that integrating digital technologies can greatly enhance an organization's capacity to manage shifts in the market and its overall financial performance. Several methods were employed to accomplish the research goal, including a literature study, a survey, and an analysis of empirical data.
Keywords:
Artificial Intelligence, Finance, Accounting, Digitalization, IoT, Cloud Computing, Blockchain
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-15-3
Location
UBT Kampus, Lipjan
Start Date
25-10-2024 9:00 AM
End Date
27-10-2024 6:00 PM
DOI
10.3107/ubt-ic.2024.23
Recommended Citation
Spahija, Fidane Spahija, "Exploring the Impact of Digital Technologies on Finan-cial Management and Accounting: Emerging Challenges and Opportunities" (2024). UBT International Conference. 23.
https://knowledgecenter.ubt-uni.net/conference/2024UBTIC/MBE/23
Exploring the Impact of Digital Technologies on Finan-cial Management and Accounting: Emerging Challenges and Opportunities
UBT Kampus, Lipjan
This research discusses and analyzes the possible impact of digital technology application to accounting and financial management, focusing on the new opportunities and challenges these technologies may imply for contemporary organizations. The research results confirmed the assumption that digital technology has increased operations efficiency and improved an organization's ability to manage big data. Consequently, the results provide supplementary insight into how digital technologies affect an organization's ability to estimate financial trends. It is assumed that integrating digital technologies can greatly enhance an organization's capacity to manage shifts in the market and its overall financial performance. Several methods were employed to accomplish the research goal, including a literature study, a survey, and an analysis of empirical data.