Challenges and the Strategic Role of Accounting in Contemporary Organizations
Keywords:
Strategic Accounting,, Contemporary Challenges,, Technology,, Decision-Making,, Corporate Governance.Abstract
This study analyzed the challenges and strategic role of accounting in contemporary organizations, considering the economic, technological, and regulatory transformations of the current business environment. The objective was to examine the strategic function of accounting by identifying its main challenges, evaluating the influence of technology, its contribution to managerial decision-making, and its role in sustainability and corporate governance. A qualitative approach was adopted, based on an integrative literature review of books, scientific articles, accounting standards, and reports published between 2023 and 2025, with content analysis to identify patterns and trends. The results indicate that strategic accounting enhances resource management efficiency, supports more informed decision-making, and improves organizations’ capacity to adapt to market changes. Moreover, compliance with accounting and tax standards strengthens transparency and stakeholder confidence. Among the limitations, the study highlights reliance on secondary sources, the temporal restriction of the literature consulted, and practical and contextual aspects such as the predominance of large organizations and applicability across different sectors. Empirical studies in diverse sectors and organizations of various sizes are recommended. It is concluded that accounting plays a central role in sustainability, competitiveness, and corporate governance, serving as an essential strategic tool for contemporary management.
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References
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