Emerging Technologies’ Contribution to the Digital Transformation in Accountancy Firms

Abstract

Digitalization becomes a key strategy for the success of businesses, which in today’s critical times, are under remarkable pressures and diffused uncertainty. The rapid pace of digitization is forcing deep changes in the modus operandi of organizations. This phenomenon is even more so true for accounting organizations considering that, by implementing blockchain, RPA, cloud, big data, cybersecurity, and AI, accountants might have the most digitized workplace of all. The purpose of this paper is to explore how these emergent technologies are contributing to the digital transformation of accounting firms. Based on a qualitative approach, the methodology consists of a thematic analysis of the academic literature to reveal the synergic effect of the most disruptive emergent technologies for accountancy firms. In addition to the topic of research, the originality of this study is ensured by the fact that it presents both technical and conceptual information, easily digestible for academicians and practitioners skilled in the ICT field, or not. The paper is intended to be a building brick for the literature related to this topic.