Digital Transformation and Quality of Accounting Information Evidence from Jordanian Insurance Companies

This study aims to examine the effect of digital transformation on the quality of accounting information in Jordanian insurance companies through the dimensions of strategic planning, leadership preparation, institutional environment, and human skills attraction. The study measures the effect of those dimensions on the quality of accounting information as a measure of relevance and faithful representation. To that purpose, a quantitative approach was used and data was collected from several Jordanian insurance companies. The data was tested using multiple regression models. The findings showed a statistically significant positive effect of digital transformation on the quality of accounting information with human skills attraction as the most significant dimension. The study also indicated that other dimensions such as strategic planning, leadership development, and institutional environment contributed to the improvement of the quality of accounting information. The findings could help the insurance companies to improve their accounting practices in the context of digital transformation. The literature has contributed to the line of research by examining the effect of digital transformation on the quality of accounting information. Using an empirical model, the study provided recommendations to industry stakeholders in that line of research.