Digital Transformation in the Accounting Field in the Conditions of Technology Revolution 4.0

At societal, industry, organizational, and professional levels, advances in digital transformation technologies such as cloud computing, the internet of things, blockchain, and artificial intelligence are causing challenges and opportunities. The digital transformation makes mechanical and software systems replace accounting and add new functions. To survive in the age of digital transformation, accountants must continue to innovate and add new insights into how to integrate technology and accounting practices. Accountants consider business analytics and information technology to be “must-have” competencies. At that time, accountants must be agile and continuously learn about technology to create digital infrastructure, platforms, and software to automate business activities.