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The Era Of Digitalization And Future Changes In The Accounting Profession

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  • Gabriel RAITA

    (Babeş–Bolyai University of Cluj Napoca, Romania)

  • Teodora Odett BREAZ

    (Lucian Blaga University of Sibiu, Romania)

Abstract

The future of massive investment in the world of work is shaped by technical progress, globalization, demographic change, and institutional change. As a result of recent research and development, we can see considerable differences in investment in work by sector and occupation, with a predominant focus on creative, interactive, and complex activities. At the same time, companies' demands for innovative capacity and flexibility are increasing, which means that compatibility with workforce preferences becomes a central challenge for a sustainable work organization. Digitization is changing activities and requirements in all companies - but especially small and medium-sized enterprises face major challenges in this era of digitization. Because the world of digital work is as varied as the corporate landscape, we want to bring a more precise contribution to the specialized literature in the field of the accounting profession. We want to emphasize the importance of digitization and more than that we want to gain experience and strengthen skills to reduce the fear of entities to step into this field

Suggested Citation

  • Gabriel RAITA & Teodora Odett BREAZ, 2021. "The Era Of Digitalization And Future Changes In The Accounting Profession," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 16(26), pages 63-72, June.
  • Handle: RePEc:scm:ejafbu:v:16:y:2021:i:26:p:63-72
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