Research on developing digital accounting in small and medium enterprises in Vietnam

Digital transformation (DX) at the government level has contributed to the digital transformation process in enterprises. Digital transformation of enterprises has paved the way for digital transformation in the accounting sector. The integration of technologies such as big data and cloud computing has helped promote accounting processes to become more efficient, faster and more accurate. This has made accounting processes more flexible, provided valuable financial information through reports and significantly changed the traditional role of the accounting industry (Duyen et al., 2023). Digital transformation in the accounting sector brings two important benefits: changing the way of working to become more efficient and replacing some accounting and auditing tasks with software applications such as accounting software and electronic invoices. This helps accountants spend more time performing tasks that require higher expertise and focus on improving skills and expertise. This article analyzes international trends and experiences in applying digital technology to the field of financial accounting, from which, recommendations for Vietnam to develop the field of financial accounting in the digital age. Accounting is one of the fields affected by the Industrial Revolution 4.0 in general and the trend of digital transformation in particular. Technologies in digital transformation applications help the accounting process to be performed in real time, quickly, anytime, anywhere and more securely; accounting organization in enterprises also becomes more flexible and financial reports provide valuable multi-dimensional information. This article clarifies the role and status of digital transformation in the field of accounting, from which it recommends some solutions to help the accounting field in Vietnam successfully transform digitally in the coming time. Keywords: Trends, Applications, Digital Technology, Digital Accounting, Vietnam.