Digital Transformation and Financial Statement Accountability: Their Impact on Organizational Competitiveness

Abstract

This research aims to examine the role of digital transformation in increasing the accountability of financial statements and its impact on organizational competitiveness. Using a literature review method of several scientific articles, this study found that the digitization of financial reporting through technologies such as cloud accounting, blockchain, and digital accounting information systems makes a significant contribution to the transparency and efficiency of financial information. The results of the study show that organizations that implement digital systems with high accountability tend to have a stronger competitive advantage because they are able to build stakeholder trust and speed up the decision-making process. However, the effective implementation of digital transformation requires the readiness of human resources, a supportive organizational structure, and a work culture that is adaptive to change. This study concludes that the synergy between digital transformation and financial statement accountability is a strategic foundation to increase organizational competitiveness in a sustainable manner in the digital era.