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Abstract: The business activity involves, through its nature, the production, collection and communication of different types of data and information. These are presented in various documents, which are largely generated by the accounting department. The production of documents may be the result of entrepreneurial needs, representing a valid support for a better management activity, or it may be expressly requested by law or even to meet the needs of other stakeholders. A very important feature of our age is certainly the accelerated evolution of the technological field, characterized by an avalanche of optimal solutions (computer programs) for economic activity. It is difficult to imagine areas such as accounting, marketing or other analysis and evaluation activities without digital tools. Due to the large flow of data, it is imperative to find effective solutions for data collection and analysis, so that they generate reliable and credible information to all economic factors. In this article, we aim to analyze the effects of digitization of accounting, mainly reflected on the quality of the data presented in the financial statements.
Keywords: digitization; innovation; accounting; ERP systems; financial situations
JEL Classifications: M40.
I.Introduction
The market circumstances and its evolutions emphasize a control management that is always ready to adapt the business to the external needs of the company, orienting the company's management towards achieving the established economic objectives.
In fact, top management must have all the information and data at their disposal in a short time to measure every aspect of the company's performance. The accounting is the one that ensures the management of the enterprise and the other interested parties with financial-accounting information. Thanks to modern technological knowledge, it is now possible to obtain reports of various types, indispensable for the ordinary and strategic decisions of the modem entrepreneur, reconciling a significant reduction in costs with a drastic reduction in time.
Companies have realized that the full exploitation of IT investments is only possible provided that the skills needed to oversee new methods of operational management of costs and production flows as a whole are developed. And it is here that the accountant must intervene with his own professional skills: his training will be used to assist in the digitization of the tax function or in the outsourced management...