Statement:

It is true that digital technologies have the potential to make management accounting more efficient and effective. This means that decisions could be made more quickly and objectively. "The difference between traditional information systems and modern ones is that data is made and analysed in a different way in each." The use of modern means of computerization of accounting".

Question:

One could say that the international accounting profession has lost its way and is no longer meeting the needs of different users of accounting information in a way that is appropriate and meaningful for the global business environment today. So, modern information systems could help the accounting field gain trust again.

Does this statement resonate with you? If so why and if not why not.

Note:

please read the question carefully and answer critically - provide real life company/organisational examples

Please use academic literature (preferably journal articles) ONLY not personal knowledge (and not investopedia or cfi etc)

Please cite the literature used clearly next to the the sentence/ paragraph you are referring to

Please reference ALL literature clearly with links at the end so I may access and read this in further detail.