ACCOUNTING, DIGITALIZATION, CONTROL

Abstract

Digital transformation is reinventing operations to accelerate business models, processes and all kinds of
organizational activities to take advantage of the opportunities offered by various emerging and emerging
technologies. Above all, digital transformation is about changing mindsets. We can no longer say how we did it in
the past. It's about how we need to do it in order to survive and thrive in the future.
Analyzing the need for digitalization in accounting and control, we must clarify this as a concept that was first used
in 1953, and today "digitalization" /digitization/ means the conversion of analog information into any form /text,
photographic material, voice, etc./ in digital form through electronic devices (scanners, cameras, etc.), so that
information can be processed, stored and transmitted through digital circuits, equipment and networks.
Digitization and digital transformation bring significant changes in all spheres, regardless of their size and the
economic area in which they work. Accounting should not remain aloof from these fundamental changes, even in
many aspects it is ahead of control. Digitization and digital transformation are an essential part of the processes
taking place in it. The main activity of accounting is the collection of primary data from the various information
systems in the company, their processing and transformation into new information that did not exist until now.
Looking at the digitalization of the control, we should know that each of the existing controls including financial
control, internal audit, external audit, considered as evaluation control /Accounts Court and Independent auditors/,
Tax control, etc. are facing numerous challenges due to the digitization of industry and the economy. Generally
speaking, control in all its aspects should also be digitized and the sooner the better. Otherwise, the overall
digitization process will lag behind and its effectiveness will decrease. Even in some cases, the digitized control or
audit must precede the digitization processes in society and the economy.
In this regard, a number of processes in accounting and control have been digitized in recent years, considering the
available accounting programs, the issuance of electronic invoices, electronic signature, remote accounting,
submission of all types of declarations electronically with an electronic signature to the National Revenue Agency,
reports in the Commercial Register and much more others.