Digital Transformation in Accounting Improves Financial Reporting Through Real-Time Data Access and Automation

Abstract

The advancement of cloud computing technology has significantly transformed modern accounting practices by introducing higher levels of efficiency, transparency, and flexibility. Cloud-based accounting systems enable real-time access to financial data, automate routine processes, and enhance both the security and accuracy of information. The integration of these technologies contributes to improving the quality of financial reporting by strengthening relevance, reliability, and timeliness, which are critical for informed decision-making. Furthermore, the adoption of big data analytics and blockchain technology enriches accounting analysis and supports more strategic and evidence-based managerial decisions. This study aims to examine the relationship between the implementation of cloud accounting systems and the quality of financial reporting using a qualitative descriptive approach. The findings indicate that digital transformation in accounting not only enhances operational efficiency but also reinforces transparency and accountability within organizations. Consequently, the adoption of cloud computing represents a strategic shift in financial management, providing a robust foundation for generating high-quality financial reports and supporting organizational governance.