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VOL. 11, ISSUE 8 (2025)
A Study on the role of technology advancements on improving transparency and accountability through efficient use of accounting information in India
Authors
Prashant Kumar, Dr. JP Gupta
Abstract
The use of technology has revolutionized the
field of accounting, bringing about significant improvements in transparency
and accountability. This study aims to investigate the impact of technological
advancements on the efficient use of accounting information in India. The
objective is to understand how technology has transformed the process of
financial reporting and helped organizations become more transparent and
accountable. In recent years, with the rise of digitalization, there has been a
noticeable shift from manual processes to automated systems in the field of
accounting. This transition has drastically improved data accuracy, reduced
human errors, and streamlined complex financial tasks. With the help of
advanced software and tools such as cloud-based accounting systems and data
analytics, companies can now gather, store, analyze, and report financial
information more efficiently than ever before. One major way technology has
improved transparency in accounting is through real-time reporting. In traditional
accounting methods, financial reports were prepared manually at regular
intervals (monthly or yearly) which could lead to delays in detecting errors or
fraudulent activities.
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Pages:103-106
How to cite this article:
Prashant Kumar, Dr. JP Gupta "A Study on the role of technology advancements on improving transparency and accountability through efficient use of accounting information in India". International Journal of Commerce and Management Research, Vol 11, Issue 8, 2025, Pages 103-106
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