The power of digital accounting: A bibliometric literature review analysis

Abstract

Market competitiveness forces businessmen of all kinds to be quicker and quicker as far as decision-making is concerned. In this sense, digital accounting has become an essential tool insofar as it presents many advantages for any firm, regardless of its size, allowing it to use technology to automate processes. The present study provides a bibliometric analysis as well as a literature review of this recent topic that has received little attention from academia. A quantitative and qualitative methodology based on Web of Knowledge (WoS) and Scopus databases was used to accomplish this. Using the R Bibliometrix software associated with content analysis, the bibliometric analysis revealed there is a growing interest in the Digital Accounting concept, although it needs to be further researched. The analysis allowed for the identification of three main research topics/clusters: Cluster 1—Scientific mapping of digital accounting; Cluster 2—Digital records management; and Cluster 3—Digital skills. This study aims to make a theoretical contribution to the literature on the subject and a practical one to business managers about the advantages of implementing digital accounting and keeping up with the advances of technology to make their businesses more efficient and simpler, rigorously, and interactively run.