The impact of digital transformation on the accounting system effectiveness

In today's rapidly changing digital landscape, most businesses in various industries have embraced digital transformation to improve their operations and efficiency. The accounting industry also has opportunities to enhance the effectiveness of its systems with new technologies. This study introduces a new framework called the Digital Transformation Framework for Accounting System Effectiveness (DTFASE), developed using design science research. The framework consists of five main stages: assessment and planning, implementation and integration, operationalization and monitoring, continuous improvement, and evaluation and reporting. Its purpose is to guide organizations in systematically transforming their accounting systems to boost overall effectiveness. By using this framework, organizations can fully leverage digital technologies to optimize their accounting processes. (c) 2024 The Authors. Published by IASE. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).