Digital Transformation in Accounting and Auditing

This book elucidates the digital transformation of accounting by examining the countless challenges academic institutions encounter in the wake of technological progress. This underscores the importance of accountants in enhancing their skill set to align with today’s evolving digital landscape. The text evaluates cutting-edge technologies, such as artificial intelligence, data analytics, and blockchain, exploring their impact on accounting decision-making processes. Through a comprehensive analysis of the intersection between these technologies and diverse industrial sectors, this book illuminates the distinctive challenges and possibilities. The book provides an essential reference for professionals and scholars seeking a thorough understanding of accounting domain in the digital age.

Table of Contents

Part I Digital Disruption in Accounting: Adapting to the Changing Paradigm

1 Incorporating Digital Skills in Accounting Education

2 Digital Transformation in Accounting: The Nexus Between Technology, Leadership, and Beyond

3 Digital Transformation in Redefining the Role of the Finance and Audit Professional of the Future

4 A Topic Modeling-Based Review of Digital Transformation Literature in Accounting

Part II Empowering Accountants: Embracing Technology Skills for Success

5 Lost in Translation? The Required Vs. Actual Technology Skills of Accountants

6 Accountants· Attitudes to Digital Technology: A Barrier to the Digital Transformation of Accounting?

Part Ill The Technological Frontier: Transforming Accounting and Auditing Practices

7 How Accountants Can Drive Digital Transformation

8 The Role of Artificial Intelligence in Management Accounting: An Exploratory Case Study

9 Blockchain and the Future of Accountancy: A Review on Policies and Regulations

Part IV Innovation in Practice: Applying Technology to Accounting and Auditing

10 Blockchain Technology in Accounting and Auditing: A Comprehensive Analysis and Review of Feasible Applications

11 Artificial Intelligence in Accounting: Ethical Challenges and Legal Perspectives

12 Harnessing Technologies and Data to Accelerate and Operationalize Environmental, Social, and Governance (ESG) Initiatives

13 Digital Transformation in Audit-Japan’s Current Situation in Advantages and Challenges of Adopting Digital Technology

About the Authors

Arif Perdana works as an Associate Professor at Monash University, Indonesia. His research interests are in digital strategy, sustainable digital transformation, data science and analytics, and management information systems. Arif has been working in academia in multiple countries (i.e., Australia, Denmark, and Singapore) for more than a decade.

Tawei (David) Wang is the KPMG/Neil F. Casson Endowed Professor at DePaul University, USA. He received his PhD from Purdue University in 2009. His research interests include information security management and IT