Innovations in Accounting Technologies: Blockchain and Beyond

Abstract

This paper explores the transformative impact of innovations in accounting technologies, with a particular focus on blockchain technology and its implications for the future of accounting. It examines how blockchain technology can enhance transparency, accuracy, and security in financial transactions and accounting processes. Beyond blockchain, the paper discusses other emerging technologies such as artificial intelligence (AI), machine learning, and cloud computing, and their potential to revolutionize accounting practices. The paper also addresses the challenges and limitations associated with adopting these technologies and provides insights into future trends and developments in accounting technology.