Digital Accounting Transformation in the Saudi Public Sector (Benefits and Challenges) and its Impact on the Saudi Public Treasury Revenues

The study aimed to explore the benefits and challenges of digital accounting transformation in the Saudi public sector and its impact on the Saudi public treasury revenues.Accordingly, the quantitative approach -specifically the descriptive analytical approach -was used.In this context, a research questionnaire was designed and used to collect the primary data from accountants working in the Saudi public sector.In addition, secondary data sources were used, including governmental reports, academic literature, and statistical databases.To analyze the data, descriptive analysis and simple linear regression analysis were used using the statistical analysis program SPSS.The results showed that the current rate of digital accounting transformation in the Saudi public sector from the perspective of accountants working in the Saudi public sector is 98% (approximately).In addition, the digital accounting transformation in the Saudi public sector has a statistically significant impact on the Saudi public treasury revenues.As well, digital accounting transformation had many benefits in terms of control aspects and implementation of financial operations.On the other hand, some challenges were identified for digital accounting transformation, such as the need for permanent technical support and the high risk of hacking information.Accordingly, the study recommended enhancing digital protection levels and providing huge backup storage centers inside and outside the KSA.Further, developing the human element represented by users of digital systems in terms of digital maturity.