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Innovative Technologies in the Financial Accounting System: Challenges and Opportunities

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Analysis reveals challenges of integrating automation and big data in financial accounting, suggesting benefits for competitiveness.

Innovative technologies enhance the efficiency of financial accounting systems, with automation and AI playing key roles.
The study identifies significant challenges such as cybersecurity risks and the need for personnel training in technology integration.
Digital transformation in accounting is essential for improving the reliability and analytical depth of financial information.
Strategic planning and regulatory support are crucial for overcoming barriers to technology implementation in accounting activities.

Poberezhets et al. (2024) studied this question.

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