Its importance is highlighted by exploring the role of digital transformation and blockchain technology in developing cost and managerial accounting systems, and the resulting improvement in information accuracy and transparency, as well as providing institutions with a cognitive and applied framework that enables them to effectively employ these technologies to address the challenges of traditional systems, such as slow information flow, frequent errors, and weak reliability. This leads to future developments, as it supports the transition towards a smart and secure accounting environment, capable of keeping pace with banking technology requirements and enhancing the competitiveness of institutions and banks. Aim Understanding the concept of digital transformation and blockchain, their most important characteristics in the accounting field, and analysing the impact of digital transformation on the speed and accuracy of cost and managerial accounting data, as well as studying the role of blockchain in enhancing the reliability and transparency of accounting information and evaluating the effectiveness of integration between digital transformation and blockchain in developing cost accounting systems, leading to the provision of practical recommendations for applying these technologies in various business environments, including banks. Problems Due to rapid developments in information technology, many institutions and banks still use traditional accounting systems, particularly cost and managerial accounting. This negatively impacts the processing and flow of cost data and increases the likelihood of errors in calculating or estimating product costs or providing banking services. This raises several questions, as follows: How does digital transformation contribute to improving the accuracy and efficiency of cost and managerial accounting systems?To what extent does the integration of digital transformation and blockchain technology create added value compared to implementing each separately and enhancing transparency and reliability in cost and managerial accounting?Hypothesis Digital transformation and blockchain technology contribute to improving the accuracy of accounting information, enhancing its transparency, and raising the efficiency of administrative decisions in cost and managerial accounting systems. Results Total Difference Ratio between current system, and digital transformation technology, and blockchains is 0.728 approximately 73%.
Shaymaa Kamil Mwayesh Asadi (Tue,) studied this question.