Advancing Fiscal Management in E-Commerce: Trends, Technologies, and Challenges
DOI:
https://doi.org/10.71222/jn0k4246Keywords:
e-commerce, digital financial management, information technology integration, technological innovations in finance, global market expansionAbstract
Amid the rapid expansion of e-commerce, network-based financial accounting has emerged as a pivotal element in modern corporate financial management. Traditional accounting frameworks are increasingly challenged by the digital transformation, globalization, and rapid technological advances within the e-commerce space. This paper provides an in-depth examination of network financial accounting, exploring its development trends, key characteristics, and the latest advancements in the field. It also addresses the challenges and strategies that arise from the integration of emerging technologies, institutional reforms, and global market dynamics. The research emphasizes the potential of cutting-edge technologies like AI and blockchain to revolutionize financial accounting practices, offering improvements in transparency, accuracy, and real-time data processing. Lastly, the paper outlines projections for the future of e-commerce network financial accounting and provides policy recommendations, as well as practical insights for businesses and governments to navigate these ongoing transformations.
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