Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession
As a result of the massive digitalization of recent years, ERP systems have started to play an important role in the life cycle of an organization, raising a number of challenges and opportunities especially for the accounting and auditing profession. The accounting and the auditing professions repr...
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| Format: | Article |
| Language: | English |
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Chamber of Financial Auditors of Romania
2024-02-01
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| Series: | Audit Financiar |
| Subjects: | |
| Online Access: | http://revista.cafr.ro/temp/Article_9745.pdf |
| _version_ | 1797317338567016448 |
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| author | Laura-Eugenia-Lavinia BARNA Bogdan-Stefan IONESCU Liliana IONESCU-FELEAGA |
| author_facet | Laura-Eugenia-Lavinia BARNA Bogdan-Stefan IONESCU Liliana IONESCU-FELEAGA |
| author_sort | Laura-Eugenia-Lavinia BARNA |
| collection | DOAJ |
| description | As a result of the massive digitalization of recent years, ERP systems have started to play an important role in the life cycle of an organization, raising a number of challenges and opportunities especially for the accounting and auditing profession. The accounting and the auditing professions represent two very versatile professions as a result of the changes that have taken place from the moment of their appearance until now, they are constantly improving with the evolution of digitalization. Digitalization has led to the development of accounting and auditing organizations and of course to the focus of attention on sustainability processes and how their corporate reporting is done. The many advantages that ERP systems offer to professional accountants and auditors, as well as other categories of users, have influenced many organizations to resort to the implementation of these systems.
Thus, to highlight the main challenges and opportunities that ERP systems offer to the accounting and auditing profession from the perspective of how to ensure sustainability and corporate reporting, the authors performed a quantitative bibliometric analysis, selecting a sample of Web of Science cited articles. The results indicated that ERP systems have a major impact on the decisions adopted by organizations, more specifically they ensure a true picture of the organization's situation, having a significant influence on the way of corporate reporting and on sustainability. |
| first_indexed | 2024-03-08T03:33:28Z |
| format | Article |
| id | doaj.art-aef474b4c3b941b9926c78e7e6ccf7f6 |
| institution | Directory Open Access Journal |
| issn | 1583-5812 1844-8801 |
| language | English |
| last_indexed | 2024-03-08T03:33:28Z |
| publishDate | 2024-02-01 |
| publisher | Chamber of Financial Auditors of Romania |
| record_format | Article |
| series | Audit Financiar |
| spelling | doaj.art-aef474b4c3b941b9926c78e7e6ccf7f62024-02-10T10:09:36ZengChamber of Financial Auditors of RomaniaAudit Financiar1583-58121844-88012024-02-01221(173)13914510.20869/AUDITF/2024/173/004Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing ProfessionLaura-Eugenia-Lavinia BARNA0Bogdan-Stefan IONESCU1Liliana IONESCU-FELEAGA2Bucharest University of Economic Studies, Management Informatics System Department, RomaniaBucharest University of Economic Studies, Management Informatics System Department, RomaniaBucharest University of Economic Studies, Accounting and Audit Department, RomaniaAs a result of the massive digitalization of recent years, ERP systems have started to play an important role in the life cycle of an organization, raising a number of challenges and opportunities especially for the accounting and auditing profession. The accounting and the auditing professions represent two very versatile professions as a result of the changes that have taken place from the moment of their appearance until now, they are constantly improving with the evolution of digitalization. Digitalization has led to the development of accounting and auditing organizations and of course to the focus of attention on sustainability processes and how their corporate reporting is done. The many advantages that ERP systems offer to professional accountants and auditors, as well as other categories of users, have influenced many organizations to resort to the implementation of these systems. Thus, to highlight the main challenges and opportunities that ERP systems offer to the accounting and auditing profession from the perspective of how to ensure sustainability and corporate reporting, the authors performed a quantitative bibliometric analysis, selecting a sample of Web of Science cited articles. The results indicated that ERP systems have a major impact on the decisions adopted by organizations, more specifically they ensure a true picture of the organization's situation, having a significant influence on the way of corporate reporting and on sustainability.http://revista.cafr.ro/temp/Article_9745.pdfdigitalizationerp systemssustainabilitycorporate reportingaccounting professionauditor |
| spellingShingle | Laura-Eugenia-Lavinia BARNA Bogdan-Stefan IONESCU Liliana IONESCU-FELEAGA Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession Audit Financiar digitalization erp systems sustainability corporate reporting accounting profession auditor |
| title | Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession |
| title_full | Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession |
| title_fullStr | Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession |
| title_full_unstemmed | Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession |
| title_short | Sustainability and Corporate Reporting using ERP Systems: Challenges and Opportunities for the Accounting and Auditing Profession |
| title_sort | sustainability and corporate reporting using erp systems challenges and opportunities for the accounting and auditing profession |
| topic | digitalization erp systems sustainability corporate reporting accounting profession auditor |
| url | http://revista.cafr.ro/temp/Article_9745.pdf |
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