EXPLORING THE DIGITAL LANDSCAPE: STUDENT PERSPECTIVES ON THE FUTURE OF ACCOUNTING

Abstract

The goal of this paper is to better comprehend the importance of digitalisation related to Romanian accounting profession. In this regard we started by reviewing the scientific papers approaching the digitalisation and artificial intelligence topic in accounting field. Then we conducted an empirical study that analyses students’ behavior when dealing with digitalisation in accounting field, having as main objective to illustrate both the positive and negative aspects perceived by students regarding the digitalisation of the financial-accounting field, especially the accounting profession. The empirical research was carried out between April 2023 and May 2023, and the research method used was the survey, the instrument used being the questionnaire. This has been fulfilled by 118 at the bachelor level students in the accounting field from the Faculties of Economics, within the University of Oradea. This paper is going to validate the different importance given to digitalisation, by accounting professionals in Romania. The research questions that this study aims to answer are: How necessary do they consider specialized courses in digitalizing accounting to prepare them for the changes brought about by this process? What are their preferences regarding teaching methods in accounting digitalisation courses: online, onsite, or in a hybrid format? A significant part of those surveyed considers that the positive effects of digitalisation in accounting include reducing waiting times, increasing work efficiency, facilitating access to information, and reducing paper consumption. However, there are also negative aspects, such as the risk of data loss due to technical issues or security breaches. To maximize the benefits and minimize the risks, it is essential for accountants to understand and apply accounting principles and standards correctly. Digitalisation should complement, not replace, professional judgment.