Digital Transformation in Management Accounting: Towards Efficiency and Competitive Advantage
DOI:
https://doi.org/10.33830/jfba.v4i1.7718.2024Keywords:
Digital Transformation; Management; AccountingAbstract
Exploring the impact of digital transformation on management accounting, this study aims to identify pathways towards enhanced efficiency and competitive advantage. Employing a qualitative research design, the investigation involved a purposive sampling of medium-sized enterprises, with data gathered through structured interviews and analyzed using thematic analysis. The findings reveal significant shifts in operational dynamics, notably in data management and strategic decision-making, with themes highlighting the integration of advanced technologies fostering streamlined processes. Discussion centers on the implications of these transformations for organizational agility and market positioning. The study concludes with recommendations for leveraging digital tools to reinforce management accounting practices, ultimately contributing to sustained organizational growth
References
Alcazar, R. (2020). Management Accounting Systems for Small Business’s Competitive Advantage (Doctoral dissertation, Walden University).
Aripin, S. N., Hadinata, H., & Kurnia, D. (2023). Dampak Akuntansi Manajemen dari Digitalisasi. ADI Bisnis Digital Interdisiplin Jurnal, 4(2), 109-115.
Căpușneanu, S., Topor, D. I., Constantin, D. M. O., & Marin-Pantelescu, A. (2020). Management accounting in the digital economy: evolution and perspectives. In Improving business performance through innovation in the digital economy (pp. 156-176). IGI Global.
Dahal, R. K. (2019). Changing role of management accounting in 21st Century. Review of Public Administration and Management, 7(3), 1-8.
Ditkaew, K. (2023). Strategic Management Accounting on Competitive Advantage. International Journal of Asian Business and Information Management (IJABIM), 14(1), 1-17.
Fajri, A. M., & Violita, E. S. (2023). Analisis Manajemen Risiko Bank Syariah Dalam Melakukan Transformasi Digital (Studi Kasus Pada Bank AS). Owner: Riset dan Jurnal Akuntansi, 7(2), 1249-1258.
Fauziyyah, N. (2022). Efek digitalisasi terhadap akuntansi manajemen. Jurnal akuntansi keuangan dan bisnis, 15(1), 381-390.
Han, L. L. V., Arumugam, V., & Arokiasamy, L. (2018). Creating better humans towards sustainable competitive advantage for small and medium-sized accounting firms in Malaysia. In SHS Web of Conferences (Vol. 56, p. 04006). EDP Sciences.
Imjai, N., Aujirapongpan, S., & Mahadi, N. (2023). The interplay of digital and management accounting competency to competitive performance in the open innovation era: A case of Thai micropreneurs. Journal of Open Innovation: Technology, Market, and Complexity, 9(4), 100167.
Izzo, M. F., Fasan, M., & Tiscini, R. (2022). The role of digital transformation in enabling continuous accounting and the effects on intellectual capital: the case of Oracle. Meditari Accountancy Research, 30(4), 1007-1026.
Mansur, H. (2020). Examining the impact of environmental management accounting on achieving sustainable competitive advantages. Academy of Accounting and Financial Studies Journal, 24(6).
Nasrah, H. (2023). AKUNTANSI MANAJEMEN DALAM ERA DIGITAL. Jurnal Ekonomi Manajemen Bisnis Syariah dan Teknologi, 2(2), 201-210.
Okorie, O., Russell, J., Cherrington, R., Fisher, O., & Charnley, F. (2023). Digital transformation and the circular economy: Creating a competitive advantage from the transition towards Net Zero Manufacturing. Resources, Conservation and Recycling, 189, 106756.
Oyewo, B., Vo, X. V., & Akinsanmi, T. (2021). Strategy-related factors moderating the fit between management accounting practice sophistication and organisational effectiveness: the Global Management Accounting Principles (GMAP) perspective. Spanish Journal of Finance and Accounting/Revista Española de Financiación y Contabilidad, 50(2), 187-223.
Oyewo, B. (2022). Contextual factors moderating the impact of strategic management accounting on competitive advantage. Journal of Applied Accounting Research, 23(5), 921-949.
Putri, O. A., & Hariyanti, S. (2022). Review artikel: Transformasi digital dalam bisnis dan manajemen. Proceedings of Islamic Economics, Business, and Philanthropy, 1(1), 135-166.
Rashwan, A. R. M. S., & Kassem, Z. A. E. A. (2021). The role of digital transformation in increasing the efficiency of banks’ performance to enhance competitive advantage. In The big data-driven digital economy: Artificial and computational intelligence (pp. 325-335). Cham: Springer International Publishing.
Saputra, K. A. K., Subroto, B., Rahman, A. F., & Saraswati, E. (2023). Mediation role of environmental management accounting on the effect of green competitive advantage on sustainable performance. Journal of Sustainability Science and Management, 18(2), 103-115.
Shehadeh, M., Almohtaseb, A., Aldehayyat, J., & Abu-AlSondos, I. A. (2023). Digital transformation and competitive advantage in the service sector: a moderated-mediation model. Sustainability, 15(3), 2077.
Shehadeh, M., Atta, A., Barrak, T., Lutfi, A., & Alrawad, M. (2024). Digital transformation: An empirical analysis of operational efficiency, customer experience, and competitive advantage in Jordanian Islamic banks. Uncertain Supply Chain Management, 12(2), 695-708.
Suarta, I. M., Suwintana, I. K., & Sudiadnyani, I. G. A. O. (2021). Persyaratan Keterampilan Teknologi Digital Untuk Profesional Akuntan: Analisis Iklan Lowongan Kerja. Prosiding Simposium Nasional Akuntansi Vokasi-[SNAV], 9(1), 41-53.
Syamil, A., Anggraeni, A. F., Martini, R., Hernando, R., Rachmawati, R., Evi, T., & Rusgowanto, F. H. (2023). AKUNTANSI MANAJEMEN: Konsep-konsep dasar Akuntansi Manajemen Era Digital. PT. Sonpedia Publishing Indonesia.
Taipaleenmäki, J. (2017). Towards Agile Management Accounting: A Research Note on Accounting Agility. Turunkauppak kea, 175.
Tulungen, E. E., Saerang, D. P., & Maramis, J. B. (2022). Transformasi digital: Peran kepemimpinan digital. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 10(2).
Ulfani, A. (2024). Implementasi Teori Akuntansi Dalam Era Digital Dan Transformasi Bisnis. WANARGI: Jurnal Manajemen Dan Akuntansi, 1(2), 296-301.
Wajdi, F., & Arsjah, R. J. (2019). The influence of organizational capabilities, strategic management accounting on organizational performance mediated by competitive advantage in companies in Indonesia. Research journal of finance and accounting, 10(22), 141-151.
Waty, E., Sulistiana, I., Siskawati, E., Judijanto, L., & Maghfur, I. (2023). AKUNTANSI DIGITAL: Transformasi pembukuan di era revolusi industri 4.0 menuju society 5.0. PT. Sonpedia Publishing Indonesia.
Yigitbasioglu, O., Green, P., & Cheung, M. Y. D. (2023). Digital transformation and accountants as advisors. Accounting, Auditing & Accountability Journal, 36(1), 209-237.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Cici Rosmala
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
