Abstract
<jats:p>Digitalization of accounting is an important component in the process of transformation of the Ukrainian economy. The article examines the essence of digitalization processes in accounting and reporting. The opinions of scientists on the disclosure of this research topic are presented. The main tools of transformation are characterized. ERP systems, the market of which is developing very rapidly, are recognized as integration platforms that provide users with information from a single database. A brief description and main purpose of ERP systems used by Ukrainian enterprises for doing business are given. It is indicated that cloud technologies provide access to company data by internal and external interested users in real time, which is important for making effective management decisions. The main functions of cloud services are outlined. Cloud software products used by enterprises are given. The effectiveness of using blockchain technology for speeding up transactions, reducing costs, reducing errors in documents and reporting is proven. The directions in which blockchain technology is used by leading world companies are indicated. However, the widespread use of blockchain in Ukraine is hampered by the lack of a legislative framework. It is noted that artificial intelligence automates routine accounting operations, performs analytical processing of information, and monitors the correctness of reporting. In 2025, artificial intelligence was actively used in various areas of accounting, auditing, and taxation. AI is actively used by the “Big Four” companies to verify accounting documentation during audits. A list of services that integrate artificial intelligence into the accounting and audit process is provided. Data from the State Statistics Service is analyzed, which indicate a relatively low level of implementation of digital technologies in the domestic business environment. It is noted that artificial intelligence performs a lot of accounting work, but it will never replace an accountant. It is concluded that the transformation of accounting occurs using digital tools, turning accounting into an effective element of enterprise management.</jats:p>