- 8 Marks
SCS – Nov 2024 – L3 – Q1b – Digital Challenges in Accounting
Discuss the challenges of digital transformation in accounting, covering cybersecurity, compliance, and ethical concerns.
Question
In the contemporary business landscape, the integration of digital technologies presents multifaceted challenges for accounting professionals, particularly in the areas of digital transition, cybersecurity, regulatory compliance, and ethical decision-making. Explain each of these challenges.
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