International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 5, 2024
The Impact of Digital Transformation on the Development of Management Accounting Practices in Vietnamese Enterprises
Author(s): Nguyen Thi Nhung
Abstract:
This study was conducted to understand the impact of digital transformation on management accounting in Vietnamese enterprises. By qualitative research method, on the basis of studying documents and conducting interviews and focus group discussions with 20 management accounting experts, business managers and information technology experts from 12 enterprises of different industries in Vietnam. Our findings show that digital technologies, such as cloud computing, big data analytics, and artificial intelligence, have significant potential to improve the efficiency, accuracy, and value of management accounting. However, Vietnamese enterprises also face significant challenges in adapting to the digital age. To overcome these challenges, Vietnamese enterprises have been applying various strategies. Based on the results of the study, a number of recommendations are made to stakeholders to successfully guide the digital transformation journey in management accounting.
Keywords: Digital Transformation, Digital Technology, Management Accounting, Vietnam
Pages: 179-187
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