Digitalization of Financial Reporting. Its Role in Improving Corporate Efficiency and Transparency

Tí ulo del lib o: Con empo a y Inno a ions in Repo ing and Analysis Tí ulo del capí ulo: Digi aliza ion o Financial Repo ing. I s Role in Imp o ing Co po a e E iciency and T anspa ency Páginas: 123-164 ISBN: 9798369359235 Edi o ial: IGI Global Año: 2025 Resumen: Digi alized inancial p ocesses a e ede ining 21s -cen u y business landscapes. One a ea ha has unde gone signi ican ans o ma ion is inancial epo ing, which in ol es he p epa a ion and p esen a ion o essen ial epo s ha enhance s a egic decision making and egula o y compliance. Au oma ion and da a p ocessing play a c ucial ole in his con ex by enhancing he e iciency, accu acy, and anspa ency o he epo s gene a ed. This chap e explo es in de ail how ad ances in hese wo a eas o digi aliza ion a e e olu ionizing inancial epo ing and hen analyzes he ele an echnologies and hei bene i s and challenges, as well as bes p ac ices o hei implemen a ion. Regula o y guidelines a e also examined in e ms o hei implica ions and u u e ends in digi al inancial epo ing.