Digital Transformation of Management Accounting for Sustainability and Cost Management
Аннотация
The shift to a green economy has brought attention to how urgently businesses must modify their management accounting systems to support sustainability goals in addition to conventional financial performance. To combine sustainability performance evaluation with efficient cost management, this research investigates how the digital revolution is changing management accounting procedures. Examining cutting-edge digital tools like blockchain, cloud-based platforms, big data analytics, and artificial intelligence, the authors show how these tools can enhance decision-making's accountability, efficiency, and transparency. To help firms capture financial and non-financial value, the research provides an integrated framework that links sustainability indicators with cost management approaches. According to the research, the ability of management accounting to promote stakeholder trust, environmental responsibility, and long-term competitiveness is improved by digital transformation.