Implementation of Digital Technologies Into Accounting in Statistical Activities

Abstract

A broad implementation of information and communication technologies (ICT) in the world economy is an important sustainable development factor. This process allows enterprises and organizations to quickly and efficiently solve economic and social problems at all levels. The impact of ICT on accounting and finance systems has undergone significant changes in recent decades. In line with this, the progress in using ICT in statistical accounting has also contributed to developing a fast and reliable accounting system in Uzbekistan. The integration of digital technologies (e.g., the 1C program) into the accounting system radically changes the methods of financial information management, accounting, and analysis, providing effective opportunities. Nevertheless, the study concluded that effective widespread adoption of ICT in accounting should be accompanied by comprehensive professional development and training. Moreover, international standards and recommendations on using digital technologies aim to study ready-made solutions of the world's leading software development organizations in this direction. To regularly improve the capacity and qualifications of employees using these systems and study the experiences of foreign countries in this field, organizations and enterprises should prioritize investing in these activities.

Citation

Begalov, B.A., Odilov, S.G. and Rozimatov, F.N. (2024), "Implementation of Digital Technologies Into Accounting in Statistical Activities", Eshov, M.P., Abdurakhmanova, G.K., Burkhanov, A.U., Abdusalomova, N.B. and Ergasheva, S.T. (Ed.) Development of International Entrepreneurship Based on Corporate Accounting and Reporting According to IFRS (Advanced Series in Management, Vol. 33A), Emerald Publishing Limited, Leeds, pp. 185-192. https://doi.org/10.1108/S1877-63612024000033A022