The Impact of Digital Transformation on Accounting Practices in Small and Medium Enterprises- A Field Study.

Abstract

The study aimed to analyze the impact of digital transformation on accounting practices in small and medium-sized enterprises, as well as its role in improving the accuracy of financial reports and increasing the efficiency of accounting processes. The problem of the study crystallized in questions highlighted how digital transformation can contribute to improving the accuracy of financial reports and their preparation speed, what challenges small and medium enterprises face when adopting digital technologies in accounting processes, and how digital transformation affects the ability of these companies to comply with accounting standards and tax regulations. The researcher relied on the descriptive analytical approach in his study and data collection, where the study sample included 105 items whose answers included the questionnaire, and achieved the conditions of analysis according to the SPSS program. The researcher reached the most important results, the most important of which were: Digital transformation effectively contributes to improving the accuracy of financial reports, in addition to improving the speed of preparing financial reports, as well as enhancing the ability of small and medium enterprises to comply with accounting standards and regulations.