Review of the impact of digital transformation on accounting information systems

Abstract

This study systematises the theoretical foundations regarding the impact of digital transformation on accounting information systems (AIS) in business operations. The study applies the Narrative Review method to systematise and integrate research findings and discussions into a theoretical framework. The compilation focuses on the multidimensional interaction between the components of digital transformation (DT) and the components of AIS. The research findings indicate that “digital applications” have an impact on accounting software and accounting data, “standardise business processes and digital ecosystems” affect accounting processes, “improve digital competencies and skills of employees” affect accounting human resources, and “security and privacy” affect internal controls and accounting data. The study proposes a theoretical framework for researching the impact of digital transformation in business activities on AIS. In general, it suggests several directions to improve AIS in the context of digital transformation, including emphasising the strengthening of technology application elements, process standardisation, and digital ecosystems. In addition, it is necessary to enhance security and privacy in internal control and accounting data in the context of digital transformation.