Validation of the Digital Accounting Driving Model with the Aim of Improving the Quality of Financial Reports
Keywords:
Digital competence, digital transformation, new accounting technologies, financial reporting quality, factor analysis, Delphi, financial information transparencyAbstract
This study aimed to validate a digital accounting driving model and examine the role of digital competencies and emerging accounting technologies in enhancing financial reporting quality and financial information transparency. This study employed a descriptive-survey mixed-method design. In the qualitative phase, initial indicators were extracted through a literature review and expert opinions and refined using the Delphi technique. In the quantitative phase, the model structure was validated through exploratory and confirmatory factor analyses. Fuzzy DEMATEL and Fuzzy Analytic Network Process (FANP) techniques were used to determine causal relationships and the relative importance of model dimensions. Convergent validity was assessed using AVE, reliability through Cronbach’s alpha and composite reliability, and model fit using the GOF index. Structural equation modeling results confirmed the significance of all major paths within the proposed model. Contextual conditions (β=0.292), intervening conditions (β=0.441), and causal conditions (β=0.554) exerted significant positive effects on the central phenomenon. The central phenomenon significantly influenced strategic actions (β=0.592), while strategic actions positively affected outcomes (β=0.610). The overall model fit was strong (GOF=0.62). Furthermore, fuzzy DEMATEL and FANP analyses indicated that contextual conditions received the highest priority weight among model dimensions, whereas causal conditions obtained the lowest weight. The findings demonstrate that strengthening digital competencies, adopting advanced accounting technologies, and establishing supportive organizational infrastructures significantly improve financial reporting quality, transparency, and reliability. The validated model provides a robust framework for guiding digital transformation initiatives in accounting and financial reporting practices.
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Copyright (c) 2025 Farhad Ameri Poor (Author); Morteza Bavaghar (Corresponding author); Hamid Rostami Jaz, Saeed Moradpour, Hossein Noorani (Author)
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