International Journal of Multidisciplinary Research and Growth Evaluation  |  ISSN (Online): 2582-7138  |  Double-Blind Peer Review  |  Open Access  |  CC BY 4.0

Current Issues
     2026:7/3

International Journal of Multidisciplinary Research and Growth Evaluation

ISSN (Online): 2582-7138 | Open Access

The Evolution of Bookkeeping Practices: Technological Advancements and their Impact on Accuracy, Efficiency, and Professional Roles

Full Text (PDF)

Open Access - Free to Download

Download Full Article (PDF)

Alternative download link

Abstract

The evolution of bookkeeping practices has been profoundly influenced by technological advancements, resulting in significant changes in accuracy, efficiency, and the roles of accounting professionals. This study examines the historical context of bookkeeping, the effects of emerging technologies, and the future trends shaping automated financial management. By analyzing current practices and forecasting future developments, this research aims to provide insights into the ongoing transformation of the accounting profession. The findings highlight the critical importance of adapting to new technologies and the potential implications for businesses and accounting professionals as they navigate the complexities of modern financial management.

 

How to Cite This Article

Fabunmi Opeyemi Paul, Apanisile Gbenga Christopher, Abdullahi UA (2025). The Evolution of Bookkeeping Practices: Technological Advancements and their Impact on Accuracy, Efficiency, and Professional Roles . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 6(4), 1072-1075.

Export Citation:

BibTeX RIS EndNote

References

  1. 1. ACCAGlobal. Howhumansinventedaccountinghttps://www. accaglobal. com/africa/en/study-with-acca/blog/how-humans-invented-accounting. html.
  2. 2. Befree. Howartificialintelligenceisrevolutionizingbookkeepingin2024cited2025 Aug-artificial-intelligence-revolutionising-bookkeeping-in-2024/.3. https://www. decimal. com/resources/top-finance-trends-to-watch-in-2025.
  3. 4. Dext. Howyoucanimplement AIforbookkeepinginfrom: https://dext. com/uk/blog/single/how-you-can-implement-ai-for-bookkeeping-in-2024/.
  4. 5. EY. Thefutureofaudit: howblockchainwillchangetheauditlandsc Availablefrom: https://www. ey. com/en_gl/audit/the-future-of-audit-how-blockchain-will-change-the-audit-landscape.
  5. 6. Expertise Accelerated. Cloudaccountingprosandconsefrom: https://expertiseaccelerated. com/cloud-accounting-pros-and-cons/.7. citedhttps://finansys. com/blog/evolution-of-accounting/.
  6. 8. Finansys. Theroleoftechnologyinmodernbookkeepingcitedhttps://www. finansys. com/blog/the-role-of-technology-in-modern-bookkeeping-services-for-businesses-in-sharjah.
  7. 9. Glasscubes. Understandingtheimpactoftechnologyontheaccountingprofession: anin-https://www. glasscubes. co. uk/understanding-the-impact-of-technology-on-the-accounting-profession-an-in-depth-tutorial/.
  8. 10. Haji A, Barakat M, Ehioghiren E. Cloudcomputinginaccounting: areviewoftheliterature. Int JAccount Inf Syst.2020;35:100-10.
  9. 11. Huang Y. Real-timefinancialdataprocessingincloudaccounting. Int JAccount Financ Report.2016;6(2\:1-10.
  10. 12. KPMG. Theblockchain: anewopportunityfortheaudit International Journalof Multidisciplinary Researchand Growth Evaluationwww. allmultidisciplinaryjournal. com1075|Pagefrom: https://home. kpmg/xx/en/home/insights/2018/05/the-blockchain-a-new-opportunity-for-the-audit-profession. html.
  11. 13. Lakshya Commerce. Howhumansinventedaccountinghttps://lakshyacommerce. com/academics/how-humans-invented-accounting.
  12. 14. Less Accounting. Thefutureofbookkeeping: trendsand2024[cited2025blefrom: https://www. lessaccounting. com/blog/the-future-of-bookkeeping-trends-and-technologies-small-businesses-should-embrace/.
  13. 15. LSBF. Howwilltechnologychangeaccountinginthecitfrom: https://www. lsbf. org. uk/blog/online-learning/how-will-technology-change-accounting-in-the-future.
  14. 16. Mindspace Outsourcing. Theroleoftechnologyincited2025https://www. mindspaceoutsourcing. com/the-role-of-technology-in-modern-accounting-practices/.
  15. 17. Nature. Analyticstoolintegration: cloudservicesoftenhttps://www. nature. com/articles/s41599-025-05190-3.
  16. 18. Parvathagari RR, Katla R. Artificialintelligenceanditsimpactonaccounting: astudy. Int Res JEcon Manag Stud.2024;3(11\:245-
  17. 8. Availablefrom: https://irjems. org/Volume-3-Issue-11/IRJEMS-V3I11P122. pdf.
  18. 19. PWC. Thefutureofaudit: howblockchainwillchangecit Availablefrom: https://www. pwc. com/gx/en/services/governance-risk-compliance/blockchain. html.
  19. 20. Availablefrom: https://www. portalsystems. de/en/blog/ai-in-accounting/.
  20. 21. Priom MA, Mudra SL, Ghose P, Islam KR, Hasan MN. Blockchainapplicationsinaccountingandauditing: researchtrendsandfutureresearchimplications. Int JEcon Bus Manag Res.2024;8(7\:225-40. doi:10.51505/IJEBMR.2024.8.715.
  21. 22. Pringle J, Gray J. Theimpactofcloudcomputingonaccountingpractices. JAccount Financ.2019;19(4\:45-60.
  22. 23. Singh A, Gupta R, Kumar S. Datasecurityincloudcomputing: asurvey. Int JComput Appl.2015;116(18\:1-5.
  23. 24. Solve Xia. Financeautomationtrendsandstatisticshttps://www. solvexia. com/blog/finance-automation-trends-and-statistics.
  24. 25. Touchstone FMS. Trendsinfinancialmanagementsoftwarefor2025cit Availablefrom: https://www. touchstonefms. co. uk/trends-in-financial-management-software-for-2025/.
  25. 26. Umoren A, Ukpeh G, Ewang AI. Blockchaintechnologyandaccountingpracticein Nigeria. JAccount Financ Manag.2024;10(7\:90-110. doi:10.56201/jafm. v10. no7.2024. pg90.110.27. citedhttps://en. wikipedia. org/wiki/History_of_accounting.28. cited2025 Auhttps://www. zoho. com/books/academy/accounting-principles/the-basics-of-bookkeeping. html.

Share This Article: