The Impact of the Digital Age, with a Focus on the Competitiveness of Human Capital in the Accounting Profession

Beatrice-Elena Gore, Ana-Rebeca Neagu (Ion), Alexandra Tarau and Florin Radu
Additional contact information
Beatrice-Elena Gore: Valahia University of Târgoviște, Târgoviște, Romania
Ana-Rebeca Neagu (Ion): Valahia University of Târgoviște, Târgoviște, Romania
Alexandra Tarau: Valahia University of Târgoviște, Târgoviște, Romania
Florin Radu: Valahia University of Târgoviște, Târgoviște, Romania

Journal of Financial Studies, 2025, vol. 10, issue 18, 134-146

Abstract: The purpose of this article is to analyse the impact of the digital economy and technological transformations on industrial and professional competitiveness, with a particular focus on the accounting profession. The study explores how adapting competitive strategies and business models to digital realities influences organizational performance and long-term sustainability. The methodology employed includes a qualitative analysis of relevant literature, complemented by case studies and secondary data on labour market changes, the automation of repetitive tasks, and transformations in strategic sectors such as automotive, robotics, semiconductors, and aerospace. Additionally, it examines the shifts in professional qualification requirements and how digitalization is shaping labour markets and organizational strategies. The findings reveal that the digital economy is driving significant labour market polarization, favouring highly skilled workers while posing risks for those engaged in repetitive tasks. On a global scale, the competition in artificial intelligence is led by the US and China, while the European Union focuses on strengthening competitiveness in strategic industries such as automotive, robotics, and semiconductors. In the accounting profession, digitalization introduces new challenges, and maintaining competitiveness requires strong professional training, advanced technological skills, and adaptability to change. In conclusion, integrating digitalization into competitive strategies is essential to ensuring the performance and relevance of both organizations and professionals. Aligning digital innovation with economic strategy has become a decisive factor in navigating the complexities of today’s economic and technological landscape.

Keywords: artificial intelligence; internationalization; skills; accounting; competition; economy. (search for similar items in EconPapers)
JEL-codes: J24 M12 M41 M51 N24 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://revista.isfin.ro/wp-content/uploads/2025/01/7.-Gore-Beatrice-et..pdf (application/pdf)
https://revista.isfin.ro/2025/01/09/the-impact-of- ... counting-profession/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fst:rfsisf:v:10:y:2025:i:18:p:134-146

DOI: 10.55654/JFS.2025.10.18.07

Access Statistics for this article

Journal of Financial Studies is currently edited by Raluca Ladaru

More articles in Journal of Financial Studies from Institute of Financial Studies Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu ().