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Abstract

Purpose: This study aims to examine current trends in financial accounting, with a focus on the impact of technological advancements, regulatory changes, and sustainability reporting. The primary focus is on the use of big data, artificial intelligence (AI), blockchain technology, and the integration of Environmental, Social, and Governance (ESG) factors in financial reporting.


Research Method: This study employs a systematic review approach to examine recent relevant literature, analyzing various scientific publications that discuss technological innovations and regulations in financial accounting. The analysis is conducted thematically on the contribution of each technology and policy to financial reporting practices.


Results and Discussion: Research shows that the integration of big data, AI, and blockchain significantly improves the accuracy, efficiency, and transparency of financial reporting. Additionally, the convergence between IFRS and GAAP enhances the comparability of global financial statements. Companies are increasingly adopting sustainability reporting and integrated reporting to communicate their performance comprehensively, in line with growing demands for corporate social responsibility.


Implication: These findings highlight the need to enhance accountants' competencies in addressing digital transformation, as well as regulatory updates that are responsive to technological advancements. Strengthening sustainability reporting is considered crucial to creating transparency, accountability, and long-term value creation for stakeholders.

Keywords

financial accounting big data analytics artificial intelligence blockchain technology sustainability reporting

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How to Cite
Sonjaya, Y., & Nurwanah, A. (2025). Recent Trends in Financial Accounting: A Systematic Review. Accounting Research Journal, 1(1), 1–16. Retrieved from http://jurnal.ppsuniyap.ac.id/index.php/arj/article/view/75
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