The Effectiveness of Electronic Accounting Systems in Light of Digital Transformation: An Analytical Study in the Iraqi Labor Market

Abstract

This research aims to identify financial and non-financial indicators to evaluate electronic accounting systems and highlight the positive role of digital transformation of business models in developing accounting systems. The research also aims to investigate the reality of electronic accounting systems and evaluate them to serve users of accounting information according to the needs of the labor market.

The research targeted a sample of electronic accounting systems used in the labor market to analyze their procedures using the analytical approach in terms of inputs (currencies, networking, and multiple activities) and processors (stores, salaries, assets, customers, and suppliers) as well as outputs (financial statements, financial ratios, and clarifications). We have found that there is a discrepancy in the procedures of electronic accounting systems in terms of inputs, processors, and outputs to serve users of accounting information. There is also interest in digital transformation practices to develop the reality of electronic accounting systems to suit the requirements of the Iraqi labor market