Download PDFOpen PDF in browserFinancial Accounting in the Digital Era: Literature ReviewEasyChair Preprint 955417 pages•Date: January 8, 2023AbstractThe analysis of the current study addresses the areas of the financial accounting practices in the businesses for lacking because of implementing the traditional techniques in the financial management of the businesses. The research also analyses the technologies the businesses can implementation to mitigate the limitations caused by the previous traditional technologies. Through the analysis of the areas that benefit from digitalization of the financial accounting practices, current research helps businesses with the ambition to improve their businesses with digitalization. The elaborated discussion on the factors that influence businesses to implement innovative technologies helps the readers to accumulate an idea about the requirement of the businesses to generate benefits to the financial accounting practices. On the other hand, the research also benefits from discussing the challenges of financial accounting management in businesses because of the implementation of innovative technologies in the businesses. The overall analysis of the challenges and benefits of the business practices influenced by the implementation of innovative technologies helps the businesses to gather benefits of clear ideas regarding the implementation of advanced technologies. Keyphrases: Digital Era, Financial Accounting, Framework, theory
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