The Impact of Modern Digital Accounting Transformation Technologies on Achieving Financial Balance Among Accountants in Commercial Banks

The research aims to measure the impact of the modernity of digital accounting transformation techniques, represented by (Information quality, Human effort, Digitalization of processes, and Technologies), on achieving financial balance (FB), represented by (Financial solvency, Financial flexibility, Profitability, and Financial liquidity) among accountants in commercial banks. This objective was set to address an important issue: (Is there an impact of the modernity of digital accounting transformation techniques on achieving financial balance among accountants in commercial banks?). To achieve this objective, the current research adopted a descriptive analytical method through using a questionnaire tool to measure the availability of its variables in the concerned commercial banks, involving fourteen banks listed on the Iraq Stock Exchange, Accordingly, 120 questionnaires were distributed to measure the level of digital accounting transformation and financial balance among accountants in commercial banks, of which 113 questionnaires were retrieved, with 4 being damaged and 109 valid for analysis, representing a response rate of 90.83%. To analyse the results, the statistical programme SPSS V.29 and the office suite Excel v.2016 were used. The study presented several key findings, most notably the existence of a significant correlation and effect between digital accounting transformation techniques and financial balance, in terms of commercial banks' awareness of the need to develop and train their staff to keep up with the digital transformation process, which in turn contributed to ensuring the achievement of desired results and objectives. The banks assess the impact of training on digital transformation in achieving financial balance, Based on this, the research recommended that commercial banks should hold seminars, conferences and practical training courses to educate their employees and raise their awareness of the importance of digital transformation in improving the financial balance, which requires efforts to enhance the knowledge of employees of the commercial banks included in the study regarding the importance of digital transformation and its applications in the banking sector.