The Application of Accelerated Accounting in the Financial Reporting of Innovative Companies
Keywords:
Accelerated accounting, financial reporting, innovative companies, financial transparency. Technology in accountingAbstract
This study aims to examine the role and application of accelerated accounting in improving the financial reporting of innovative companies and its effect on the quality, transparency, and decision-making value of financial information. The study employed an applied–developmental mixed-method design. In the qualitative phase, semi-structured interviews with 10 accounting experts and financial managers were analyzed using thematic analysis (Braun & Clarke framework). In the quantitative phase, data from 200 financial managers and accountants of innovative companies in Tehran were collected via a researcher-made questionnaire and analyzed using SmartPLS4. Model validity, reliability, convergent and discriminant validity, and goodness-of-fit indices were confirmed. The findings revealed that accelerated accounting has the strongest effect on the speed and efficiency of financial processes, followed by transparency and reliability, innovation and flexibility, and finally added value for decision-making. Implementation challenges such as high costs, organizational resistance, and technological infrastructure requirements played a moderating role. The model demonstrated high explanatory power (R² > 0.8), and predictive relevance (Q² > 0.35). Qualitative data confirmed that accelerated accounting enhances managerial decision-making and stakeholder trust through automation, real-time processing, and continuous reporting. Accelerated accounting represents a transformative approach that integrates technology with financial reporting in innovative companies. By increasing speed, accuracy, and transparency, it strengthens decision-making quality, fosters innovation, and builds long-term investor confidence. Its successful adoption requires organizational commitment, technological readiness, and staff training.
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Copyright (c) 2025 Mehdi Nouri (Corresponding author); Seyed Abbas Borhani, Mojgan Safa (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
