Difficulties on the road to progress and resilience. Accounting challenges for the public sector in the digitization process

Abstract

The objectives of this article are: to identify some problems of the digitization process in which the accounting function of the enterprise is involved and to provide some solutions to these problems. Thus, the article includes both the description of some problems of the accounting function that digitization generates for internal management in large state companies, the applicable accounting rules, solutions of some state units, ideas of the authors.                    Since they are relatively new problems, for some aspects there are no previous studies on them. As methods of approach, the establishment of the importance of the problem according to the opinions in the field of economic research and the business environment, the description of the current situation, including in the field of accounting, the presentation of solutions adopted by two state-controlled units from Romania as case studies are considered , adapting the accounting information flow and the rules to meet management needs in the digitalization process, analyzing how to apply some international standards with implications in the digitalization process.Among the estimated results are some possible solutions to be applied by national companies in the accounting of digitization processes.                    Through the article, we offer new solutions applicable by practitioners of state companies, including their managers, but also proposals to the authorities to clarify some aspects through accounting law or business law.The article will contribute to avoiding the occurrence of blockages in the digitization processes related to the accounting function. Thus, in the management of digitization processes, attention can be focused on substantive elements, efficiency and opportunity, less on formal aspects such as the flow of accounting records.