Published January 26, 2024 | Version v1
Journal article Open

THE IMPACT OF E -ACCOUNTING IN MODERN BUSINESSES

Description

There  has  been  constant  growth  and  development  in  information  technology  which had brought  the  digital  revolution  in  our daily economic, social and cultural fields. This technological development changed the methods and ways of carrying out tasks within  the  scope of accounting  transactions  and  activities  through  the  use of  electronic  media. One of  the  digital  applications produced  on  this  issue  is  E-accounting.  E-accounting is  a  new  development  in  the  field  of  accounting  adopted  at  the international  level.  E-accounting  stands  for  electronic  accounting  with  the  characteristics  of  high  speed,  accuracy  and  with  an immediate  result.  Accordingly, source  documents  and  accounting  records  exist  in  a  digital  form  instead  of  on  paper  in  an electronic accounting system.  It helps businesses keep their financial data and accounting software in a safe, secure environment allowing real-time access to authorized users irrespective of their location or computing platforms.

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References

  • 1. Shadiyev, A. K. (2023). Stages of Development of The Digital Economy in Uzbekistan and Future Plans. Best Journal of Innovation in Science, Research and Development, 2(12), 333-340.