Application of Sandelowski and Barroso technique in identifying digital accounting components in value-based management based on momentum theory.

Document Type : Original Article

Authors
Roya tavanaei ahoei 1
Hamidreza Vakili fard 2
Ghodratollah Talebnia 2
1 PhD student in Accounting, Science and research Branch, Islamic Azad University, Tehran, Iran
2 Associate Professor in Accounting Department, Science and research Branch, Islamic Azad University, Tehran, Iran
10.22034/jmaak.2025.78078.4433
Abstract
Background and purpose: digital accounting is the result of using electronic methods in financial and accounting affairs, which were done manually in the past.
Research method: The researcher has analyzed the results and findings of previous researchers by applying a systematic review approach and identified the effective factors by performing the 7 steps of the Sandelovski and Barroso method. Among 553 articles, 51 articles were selected based on the CASP method, and the validity of the analysis was confirmed with the Kappa coefficient value of 0.747. In this context, in order to measure reliability and quality control, the transcription method was used, and its value was identified for the indicators identified at the level of excellent agreement. The results of data analysis collected in MAXQDA software led to the identification of 35 primary concepts based on 35 indicators in 9 categories.
Findings: Based on the metacomposition technique, 9 dimensions were also categorized based on these concepts. 9 dimensions are: digital technologies and accounting transformation, data management and information security, momentum analysis and financial forecasting, value measurement and management, transparent and timely reporting, automation of accounting processes, compatibility with regulations and legal changes, support for strategic decision-making with On momentum analysis and digital learning and training of employees.
Conclusion: Digital accounting in value-based management based on momentum theory shows that the use of digital technologies in accounting can have a significant impact on creating and strengthening organizational values. These methods contribute to more informed and effective financial decisions by improving the speed and accuracy of data collection, analysis, and presentation.
  • شیرکوند، زهرا، رستمی مازویی، نعمت (1400). تأثیر مدیریت مبتنی بر ارزش بر عملکرد بازار شرکت‌های پذیرفته شده در بورس اوراق بهادار تهران. حسابداری مدیریت. 51(5). 55-68.
  • عزیزی، فرهاد؛ رهنمای رود ،پشتی فریدون؛ خان محمدی، محمد حامد و خدایی و له زاقرد، محمد. (۱۳۹۹). ارائه الگویی از اثر ویژگیهای سیستمهای اطلاعاتی حسابداری بر عملکرد سیستم مبتنی بر نقش تعدیلی عدم اطمینان کاری. پژوهشهای حسابداری مالی و حسابرسی، ۱۲(۴۷)، ۳۱-۵۴
  • محمدی س., قاسمی ر. ا. و محمدی م. (1401). اطلاعات دیجیتال و حسابداری مدیریت: نیاز به بازبینی روش‌های پژوهش. نشریه علمی رویکردهای پژوهشی نوین مدیریت و حسابداری, 6(21), 1446-1461.
  • محمدی نوره، شاکر، رحیمیان، نظام الدین، احمدی دهرشید، جمیل (1400). بررسی تاثیر دیجیتالی شدن بر حسابرسان مستقل و موسسات حسابرسی در ایران. پژوهش های حسابرسی حرفه ای. 3(5). 151-176.
  • یزیدی، پیمان و احمدی ،دهر شید جمیل (۱۴۰۰) کاربرد اینترنت اشیاء در حسابداری و حسابرسی. فصلنامه علمی تخصصی رویکردهای پژوهشی نوین در مدیریت و حسابداری ۵(۵۳)، ۱۰۲-۱۱۵
  • Abobaker, E.A. (2014). Management Accounting in the New Economy. University Bulletin, 2(16), 131-150.
  • Alathamneh, M. (2020). The impact of accounting information systems reliability on enhancing the requirements of planning process at Jordanian commercial banks. Management Science Letters, 10(5), 1043-1050.
  • Al-Khasawneh, S. M., Endut, W. A., & Rashid, N. M. N. N. M. (2020). Factors Affecting Usage of Modern Management Accounting Techniques in Industrial Companies Listed in Amman Stock Exchange. International Journal of Research In Commerce and Management Studies (ISSN: 2582- 2292), 2(3), 14-36.
  • Andreassen, R. I. (2020). Digital technology and changing roles: a management accountant’s dream or nightmare?. Journal of Management Control, 31(3), 209-238. https://doi.org/10.1007/s00187-020-00303-2
  • Aripin, S. N., Hadinata, H., & Kurnia, D. (2023). Dampak Akuntansi Manajemen dari Digitalisasi. ADI Bisnis Digital Interdisiplin Jurnal, 4(2), 109-115.
  • Babajani, J., Ghorbanizadeh, V., & Khonkha, A. (2019). The future research of management accounting: from the perspective of education and research. Experimental researches of accounting, 9(35), 77-96.
  • Bhimani, A. Digital data and management accounting: why we need to rethink research methods. J Manag Control 31, 9–23 (2020). https://doi.org/10.1007/s00187-020-00295-z
  • Bhimani, A., & Willcocks, L. (2014). Digitisation, ‘Big Data’and the transformation of accounting information. Accounting and Business Research, 44(4), 469-490.
  • Blaschke, M., Riss, U., Haki, K. et al. Design principles for digital value co-creation networks: a service-dominant logic perspective. Electron Markets 29, 443–472 (2019). https://doi.org/10.1007/s12525-019-00356-9
  • Cici Rosmala 2024. Digital Transformation in Management Accounting: Towards Efficiency and Competitive Advantage. JFBA : Journal of Financial Behavioural Accounting (1) 2024, 1-8.
  • Cockcroft, S., & Russell, M. (2018). Big data opportunities for accounting and finance practice and research. Australian Accounting Review, 28(3), 323-333.
  • Cosa, M., Torelli, R. Digital Transformation and Flexible Performance Management: A Systematic Literature Review of the Evolution of Performance Measurement Systems. Glob J Flex Syst Manag 25, 445–466 (2024). https://doi.org/10.1007/s40171-024-00409-9
  • D’Angelo, S., Cavallo, A., Ghezzi, A. et al. Understanding corporate entrepreneurship in the digital age: a review and research agenda. Rev Manag Sci (2024). https://doi.org/10.1007/s11846-024-00730-8
  • Dinesh, N., Juvanna, I. (2017). Dynamic auditing and deduplication with secure data deletion in Cloud. Artificial Intelligence and Evolutionary Computations in Engineering Systems. Springer, pp. 305–313.
  • Firk S., Richter S., Wolff M. (2021). Does value based management facilitate managerial decisionmaking? An analysis of divestiture decisions, Management Accounting Research, 51 (2021) 100736.
  • Hausberg, J. P., Liere-Netheler, K., Packmohr, S., Pakura, S., & Vogelsang, K. (2019). Research streams on digital transformation from a holistic business perspective: a systematic literature review and citation network analysis. Journal of Business Economics, 89(8), 931-963.
  • Heubeck, Tim. (2023). Managerial capabilities as facilitators of digital transformation? Dynamic managerial capabilities as antecedents to digital business model transformation and firm performance. 3. 10.1016/j.digbus.2023.100053.
  • Hon, M. T., & Tonks. I. (2003). Momentum in the UK stock market. Journal of ultinational Financial Management, 13(1), 43–70. 10.1016/S1042-444X(02)00022-1.
  • Hörner, Sven and Sommer, Friedrich, Value-based management sophistication and earnings management (September 09, 2024). Available at SSRN: https://ssrn.com/abstract=4498375 or http://dx.doi.org/10.2139/ssrn.4498375
  • Iacuzzi, S., Pauluzzo, R. Looking for missing outcomes: accounting for intellectual capital and value creation in ecosystems. J Manag Gov 28, 1117–1149 (2024).
  • Issa, H., Sun, T., Vasarhelyi, M.A. (2016). Research ideas for artificial intelligence in auditing: the formalization of audit and workforce supplementation. J. Emerg. Technol. Account. 13 (2), 1–20
  • Knauer, T., Silge, L., Sommer, F., (2018). The shareholder value effects of using valuebased performance measures: evidence from acquisitions and divestments. Manag. Account. Res. 41, 43–61.
  • Krahel, J. P., & Titera, W. R. (2015). Consequences of Big data and formalization on accounting and auditing standards. Accounting Horizons,29(2), 409–422.
  • Lakhtionova, L., Muranova, N., Bugaiov, O., Ozeran, A., & Kalabukhova, S. (2020, May). Balance Sheet (Statement of Financial Position) Transformation in the Light of New Digital Technology: Ukrainian Experience. In International Conference on Integrated Science (pp. 25-41). Springer, Cham.
  • Lindell, M.K., Whitney, D.J., 2021. Accounting for common method variance in cross- sectional research designs. J. Appl. Psychol. 86, 114–121.
  • Massaro, M., Spanò, R. and Kuruppu, S.C. (2023), "Accountability and the metaverse: unaccounted digital worlds between techwashing mechanisms and new emerging meanings", Accounting, Auditing & Accountability Journal, Vol. ahead-of-print No. ahead-of-print
  • Moll, J., & Yigitbasioglu, O. (2019). The role of internet-related technologies in shaping the work of accountants: New directions for accounting research. The British Accounting Review,51(6), 1–20.
  • Montecalvo, M., Farneti, F., & de Villiers, C. (2018). The potential of integrated reporting to enhance sustainability reporting in the public sector. Public Money & Management, 38(5), 365–374. https://doi.org/10.1080/09540962.2018.1477675.
  • Moumtzidis, I., Kamariotou, M., & Kitsios, F. (2022). Digital transformation strategies enabled by internet of things and big data analytics: The use-case of telecommunication companies in Greece. Information, 13(4), 196. https://doi.org/10.3390/info13040196
  • Otley, D. (2016). The contingency theory of management accounting and control: 1980–2014. Management Accounting Research,31(2), 45–62.
  • Quattrone, P. (2016). Management accounting goes digital: Will the move make it wiser? Management Accounting Research,31(2), 118–122.
  • Richins, G., Stapleton, A., Stratopoulos, T., & Wong, C. (2017). Big data analytics: Opportunity or threat for the accounting profession? Journal of Information Systems,31(3), 63–79.
  • Salijeni, G., Samsonova-Taddei, A., & Turley, S. (2019). Big data and changes in audit technology: Contemplating a research agenda. Accounting and Business Research,49(1), 95–119.
  • Saputra, K. A. K., Subroto, B., Rahman, A. F., & Saraswati, E. (2023). Mediation role of environmental management accounting on the effect of green competitive advantage on sustainable performance. Journal of Sustainability Science and Management, 18(2), 103-115.
  • Shukla, M., & Shankar, R. (2024). Impact Assessment of Smart Manufacturing System Implementation in Small and Medium Enterprises: Moderating Role of Enabling Technology and Government Support. Global Journal of Flexible Systems Management. https://doi.org/10.1007/s40171-024-00400-4
  • Soto Setzke, D., Riasanow, T., Böhm, M., & Krcmar, H. (2023). Pathways to digital service innovation: The role of digital transformation strategies in established organizations. Information Systems Frontiers, 25(3), 1017–1037. https://doi.org/10.1007/s10796-021-10112-0
  • Trequattrini, R., Lardo, A., Cuozzo, B., & Manfredi, S. (2022). Intangible assets management and digital transformation: Evidence from intellectual property rights-intensive industries. Meditari Accountancy Research, 30(4), 989–1006. https://doi.org/10.1108/MEDAR-03-2021-1216
  • Troshani, I., Locke, J., & Rowbottom, N. (2019). Transformation of accounting through digital standardisation: Tracing the construction of the IFRS taxonomy. Accounting, Auditing and Accountability Journal,32(1), 133–162.
  • Ulfani, A. (2024). Implementasi Teori Akuntansi Dalam Era Digital Dan Transformasi Bisnis. WANARGI: Jurnal Manajemen Dan Akuntansi, 1(2), 296-301
  • Vărzaru, A. A. (2022). An empirical framework for assessment of the effects of digital technologies on sustainability accounting and reporting in the European Union. Electronics, 11(22), 3812. https://doi.org/10.3390/electronics11223812
  • Vrontis, D., Chaudhuri, R., & Chatterjee, S. (2022). Adoption of digital technologies by SMEs for sustainability and value creation: Moderating role of entrepreneurial orientation. Sustainability, 14(13), 7949. https://doi.org/10.3390/su14137949
  • Wadan, R., Teuteberg, F., Bensberg, F., & Buscher, G. (2019). Understanding the changing role of the management accountant in the age of industry 4.0 in Germany. In Proceedings of the 52nd Hawaii international conference on system sciences. https://hdl.handle.net/10125/60017.
  • Yoshikuni, A.C., Dwivedi, R., Dultra-de-Lima, R.G. et al. Role of Emerging Technologies in Accounting Information Systems for Achieving Strategic Flexibility through Decision-Making Performance: An Exploratory Study Based on North American and South American Firms. Glob J Flex Syst Manag 24, 199–218 (2023). https://doi.org/10.1007/s40171-022-00334-9
  • Zambon, S., Marasca, S., & Chiucchi, M. S. (2019). Special issue on ‘the role of Intellectual Capital and integrated reporting in management and governance: A performative perspective’. Journal of Management and Governance, 23, 291–297. https://doi.org/10.1007/s10997-019-09469-x.
  • Zhang, M. Ye, T. Jia, L. (2022). Implications of the “momentum” theory of digitalization in accounting: Evidence from Ash Cloud. China Journal of Accounting Research, 15.