Genesis of Information Processing Methods in the Context of the Digitalization of Accounting Processes

Abstract

The development of information and communication technologies and their active implementation have fundamentally transformed the traditional accounting system. Throughout the process of evolution, data processing tools and, consequently, methods of information processing have undergone significant changes. The transformation of the accounting system occurred gradually: from a paper-based form with manual data processing and partial mechanization of accounting procedures to the subsequent comprehensive digital modification of the information environment of business entities. These transformations have led to the transition toward a new digital accounting paradigm based on business process automation, replacing traditional methods of working with information. The purpose of the article is to investigate the genesis of accounting information processing methods in the context of the digitalization of data processing tools, to conduct a critical analysis of existing data processing methods, to identify emerging challenges, and to substantiate the advantages of using cloud technologies in the modern accounting system. To achieve this purpose, both general scientific and special research methods were applied, including logical, bibliographic, comparative analysis, generalization, statistical, graphical, and other methods. The study reveals the retrospective transformation of accounting data processing methods and provides their periodization. It proves the objective necessity of modernizing traditional information processing tools in the context of the systemic transition of business entities toward comprehensive digital transformation. Modern data processing methods are systematized, and their critical analysis is carried out with the identification of specific features and advantages for implementation by various business entities. During the analysis, cloud-based data processing methods were recognized as the most advanced. The main models of cloud services were examined, and the prospects for their application by different business entities were assessed. Further research should focus on evaluating the risks associated with new data processing methods and on approaches to information protection in the course of accounting digitalization.